IDEAS home Printed from https://ideas.repec.org/a/bla/ecaffa/v30y2010i2p6-12.html
   My bibliography  Save this article

Promoting Innovation In The Electricity Industry

Author

Listed:
  • L. Lynne Kiesling

Abstract

Smart metering can bring significant benefits to electricity markets by allowing customers to reduce demand or increase supply when generation capacity is temporarily scarce. To reap the full efficiency and environmental benefits of this technology, regulators must allow price volatility and free entry into the market. The efficiency gains are enormous as both demand and supply will be affected by both temporary and longer‐lasting price changes. Experiments have shown the value of this approach.

Suggested Citation

  • L. Lynne Kiesling, 2010. "Promoting Innovation In The Electricity Industry," Economic Affairs, Wiley Blackwell, vol. 30(2), pages 6-12, June.
    • Handle: RePEc:bla:ecaffa:v:30:y:2010:i:2:p:6-12
    DOI: 10.1111/j.1468-0270.2010.02000.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-0270.2010.02000.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1468-0270.2010.02000.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Chassin, David P. & Kiesling, Lynne, 2008. "Decentralized Coordination through Digital Technology, Dynamic Pricing, and Customer-Driven Control: The GridWise Testbed Demonstration Project," The Electricity Journal, Elsevier, vol. 21(8), pages 51-59, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stagnaro, Carlo & Amenta, Carlo & Di Croce, Giulia & Lavecchia, Luciano, 2020. "Managing the liberalization of Italy's retail electricity market: A policy proposal☆," Energy Policy, Elsevier, vol. 137(C).
    2. Bhatt, Brijesh & Singh, Anoop, 2021. "Power sector reforms and technology adoption in the Indian electricity distribution sector," Energy, Elsevier, vol. 215(PA).
    3. Carlo Stagnaro, 2017. "Competition and Innovation in Retail Electricity Markets: Evidence from Italy," Economic Affairs, Wiley Blackwell, vol. 37(1), pages 85-101, February.
    4. Christoph M. Flath & Sebastian Gottwalt, 2016. "Price-based load coordination revisited: augmenting open-loop coordination approaches," Business Research, Springer;German Academic Association for Business Research, vol. 9(1), pages 157-178, April.
    5. Carlo Stagnaro, 2016. "Concorrenza e innovazione nei mercati retail dell energia elettrica. Le prospettive dopo il Ddl Concorrenza 2015," Note di discussione - MISE Working Papers mise-1, MISE - Ministero dello Sviluppo Economico.
    6. Weiller, C. & Neely, A., 2014. "Using electric vehicles for energy services: Industry perspectives," Energy, Elsevier, vol. 77(C), pages 194-200.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexander Theisen & Lynne Kiesling & Michael Munger, 2022. "From Airbnb to solar: electricity market platforms as local sharing economies," Public Choice, Springer, vol. 193(3), pages 141-162, December.
    2. Parrish, Bryony & Heptonstall, Phil & Gross, Rob & Sovacool, Benjamin K., 2020. "A systematic review of motivations, enablers and barriers for consumer engagement with residential demand response," Energy Policy, Elsevier, vol. 138(C).
    3. F. Sorrentino & D. Tolic & R. Fierro & J. R. Gordon & A. Mammoli, 2013. "Stability analysis of a model for the market dynamics of a smart grid," Papers 1309.2970, arXiv.org.
    4. Chassin, David P. & Rondeau, Daniel, 2016. "Aggregate modeling of fast-acting demand response and control under real-time pricing," Applied Energy, Elsevier, vol. 181(C), pages 288-298.
    5. Dallinger, David & Wietschel, Martin, 2012. "Grid integration of intermittent renewable energy sources using price-responsive plug-in electric vehicles," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(5), pages 3370-3382.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecaffa:v:30:y:2010:i:2:p:6-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0265-0665 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.