IDEAS home Printed from https://ideas.repec.org/p/ris/fcnwpa/2018_003.html
   My bibliography  Save this paper

Technology, business model, and market design adaptation toward smart electricity distribution: Insights for policy making

Author

Listed:

Abstract

The ongoing European Union sustainable energy transition has a disruptive potential regarding the role of infrastructure and utilities in the electricity sector. The increased spread of digital technologies, renewable energy sources, and prosumers calls for a swift and well-guided adaptation of the electricity distribution industry towards a smart grids context. We analyze the challenges and opportunities associated with this adaptation through nine multi-stakeholder workshops, held in Germany and Portugal in 2016-2017, engaging distribution system operators (DSOs), researchers, academics, and integrated utility companies to obtain up-to-date insights. Our results indicate uncertainty regarding the value of large-scale rollout of smart meters for DSOs. Also, a corporate culture with resistance to change is observed, challenging the integration of novel technologies and processes. Traditional regulation is seen as a barrier to smart grid investments, is associated with job losses, and knowledge destruction. Policy-makers can benefit from these insights by taking them into account in policy design and market restructuring.

Suggested Citation

  • Pereira, Guillermo Ivan & Specht, Jan Martin & Pereira da Silva, Patrícia & Madlener, Reinhard, 2018. "Technology, business model, and market design adaptation toward smart electricity distribution: Insights for policy making," FCN Working Papers 3/2018, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    • Handle: RePEc:ris:fcnwpa:2018_003
    as

    Download full text from publisher

    File URL: http://www.fcn.eonerc.rwth-aachen.de/global/show_document.asp?id=aaaaaaaaabapxzs
    File Function: Full text
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Helms, Thorsten, 2016. "Asset transformation and the challenges to servitize a utility business model," Energy Policy, Elsevier, vol. 91(C), pages 98-112.
    2. Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow & Huiyu Li, 2019. "Missing Growth from Creative Destruction," American Economic Review, American Economic Association, vol. 109(8), pages 2795-2822, August.
    3. Schach, Michael & Madlener, Reinhard, 2017. "Impacts of an Ice-Free Northeast Passage on LNG Trading: Transport Routes and Optimal Capacity Planning," FCN Working Papers 12/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    4. Markard, Jochen & Truffer, Bernhard, 2006. "Innovation processes in large technical systems: Market liberalization as a driver for radical change?," Research Policy, Elsevier, vol. 35(5), pages 609-625, June.
    5. Veldman, Else & Gibescu, Madeleine & Slootweg, Han (J.G.) & Kling, Wil L., 2013. "Scenario-based modelling of future residential electricity demands and assessing their impact on distribution grids," Energy Policy, Elsevier, vol. 56(C), pages 233-247.
    6. ., 2018. "Creating a system-wide asset-based reserve system," Chapters, in: All Fall Down, chapter 26, pages 171-175, Edward Elgar Publishing.
    7. Nisar, Arsalan & Ruiz, Felipe & Palacios, Miguel, 2013. "Organisational learning, strategic rigidity and technology adoption: Implications for electric utilities and renewable energy firms," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 438-445.
    8. Göke, Leonard & Madlener, Reinhard, 2017. "High Taxes on Cloudy Days: Dynamic State-Induced Price Components in Power Markets," FCN Working Papers 18/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 May 2020.
    9. Cambini, Carlo & Meletiou, Alexis & Bompard, Ettore & Masera, Marcelo, 2016. "Market and regulatory factors influencing smart-grid investment in Europe: Evidence from pilot projects and implications for reform," Utilities Policy, Elsevier, vol. 40(C), pages 36-47.
    10. Guillermo Ivan Pereira & Patrícia Pereira Silva & Deborah Soule, 2018. "Policy-adaptation for a smarter and more sustainable EU electricity distribution industry: a foresight analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(1), pages 231-267, December.
    11. Azadeh Shomali & Jonatan Pinkse, 2016. "The consequences of smart grids for the business model of electricity firms," Post-Print hal-02022695, HAL.
    12. Anaya, Karim L. & Pollitt, Michael G., 2015. "Integrating distributed generation: Regulation and trends in three leading countries," Energy Policy, Elsevier, vol. 85(C), pages 475-486.
    13. Siano, Pierluigi, 2014. "Demand response and smart grids—A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 461-478.
    14. Höwer, Daniel & Oberst, Christian A. & Madlener, Reinhard, 2017. "Regionalization Heuristic to Map Spatial Heterogeneity of Macroeconomic Impacts: The Case of the Green Energy Transition in NRW," FCN Working Papers 13/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 Feb 2019.
    15. McHenry, Mark P., 2013. "Technical and governance considerations for advanced metering infrastructure/smart meters: Technology, security, uncertainty, costs, benefits, and risks," Energy Policy, Elsevier, vol. 59(C), pages 834-842.
    16. Hendrik Schmitz and Reinhard Madlener, 2020. "Direct and Indirect Energy Rebound Effects in German Households: A Linearized Almost Ideal Demand System Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 5), pages 89-118.
    17. S Sreejesh & Sanjay Mohapatra & M R Anusree, 2014. "Business Research Methods," Springer Books, Springer, edition 127, number 978-3-319-00539-3, February.
    18. Farla, Jacco & Markard, Jochen & Raven, Rob & Coenen, Lars, 2012. "Sustainability transitions in the making: A closer look at actors, strategies and resources," Technological Forecasting and Social Change, Elsevier, vol. 79(6), pages 991-998.
    19. Höwer, Daniel & Oberst, Christian A. & Madlener, Reinhard, 2019. "General regionalization heuristic to map spatial heterogeneity of macroeconomic impacts: The case of the green energy transition in NRW," Utilities Policy, Elsevier, vol. 58(C), pages 166-174.
    20. Schut, Marc & Klerkx, Laurens & Rodenburg, Jonne & Kayeke, Juma & Hinnou, Léonard C. & Raboanarielina, Cara M. & Adegbola, Patrice Y. & van Ast, Aad & Bastiaans, Lammert, 2015. "RAAIS: Rapid Appraisal of Agricultural Innovation Systems (Part I). A diagnostic tool for integrated analysis of complex problems and innovation capacity," Agricultural Systems, Elsevier, vol. 132(C), pages 1-11.
    21. Davies, Andrew, 1996. "Innovation in Large Technical Systems: The Case of Telecommunications," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(4), pages 1143-1180.
    22. Bolton, Ronan & Foxon, Timothy J., 2015. "Infrastructure transformation as a socio-technical process — Implications for the governance of energy distribution networks in the UK," Technological Forecasting and Social Change, Elsevier, vol. 90(PB), pages 538-550.
    23. ., 1998. "Technological Change," Chapters, in: Heinz D. Kurz & Neri Salvadori (ed.), The Elgar Companion to Classical Economics, volume 0, chapter 127, Edward Elgar Publishing.
    24. Wagner, Oliver & Berlo, Kurt, 2015. "The wave of remunicipalisation of energy networks and supply in Germany: the establishment of 72 new municipal power utilities," EconStor Conference Papers 126254, ZBW - Leibniz Information Centre for Economics.
    25. Pepermans, G. & Driesen, J. & Haeseldonckx, D. & Belmans, R. & D'haeseleer, W., 2005. "Distributed generation: definition, benefits and issues," Energy Policy, Elsevier, vol. 33(6), pages 787-798, April.
    26. Oberst, Christian & Harmsen - van Hout, Marjolein J. W., 2017. "Adoption and Cooperation Decisions in Sustainable Energy Infrastructure: Evidence from a Sequential Choice Experiment in Germany," FCN Working Papers 14/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    27. Hall, Stephen & Foxon, Timothy J., 2014. "Values in the Smart Grid: The co-evolving political economy of smart distribution," Energy Policy, Elsevier, vol. 74(C), pages 600-609.
    28. Sharma, Konark & Mohan Saini, Lalit, 2015. "Performance analysis of smart metering for smart grid: An overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 720-735.
    29. Ringel, Marc & Knodt, Michèle, 2018. "The Governance of the European Energy Union: Efficiency, effectiveness and acceptance of the Winter Package 2016," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 110990, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    30. Dallinger, David & Gerda, Schubert & Wietschel, Martin, 2013. "Integration of intermittent renewable power supply using grid-connected vehicles – A 2030 case study for California and Germany," Applied Energy, Elsevier, vol. 104(C), pages 666-682.
    31. Geels, Frank W., 2014. "Reconceptualising the co-evolution of firms-in-industries and their environments: Developing an inter-disciplinary Triple Embeddedness Framework," Research Policy, Elsevier, vol. 43(2), pages 261-277.
    32. Sami Mahroum & Simon Bell & Yasser Al-Saleh & Nasser Yassin, 2016. "Towards an Effective Multi-Stakeholder Consultation Process: Applying the Imagine Method in Context of Abu Dhabi’s Education Policy," Systemic Practice and Action Research, Springer, vol. 29(4), pages 335-353, August.
    33. Krishnamurti, Tamar & Schwartz, Daniel & Davis, Alexander & Fischhoff, Baruch & de Bruin, Wändi Bruine & Lave, Lester & Wang, Jack, 2012. "Preparing for smart grid technologies: A behavioral decision research approach to understanding consumer expectations about smart meters," Energy Policy, Elsevier, vol. 41(C), pages 790-797.
    34. Schach, Michael & Madlener, Reinhard, 2018. "Impacts of an ice-free Northeast Passage on LNG markets and geopolitics," Energy Policy, Elsevier, vol. 122(C), pages 438-448.
    35. Kulmer, Veronika & Seebauer, Sebastian, 2017. "How Robust are Estimates of the Rebound Effect of Energy Efficiency Improvements? A Sensitivity Analysis of Consumer Heterogeneity and Elasticities," FCN Working Papers 16/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    36. Emma Puerari & Jotte I. J. C. De Koning & Timo Von Wirth & Philip M. Karré & Ingrid J. Mulder & Derk A. Loorbach, 2018. "Co-Creation Dynamics in Urban Living Labs," Sustainability, MDPI, vol. 10(6), pages 1-18, June.
    37. Seebauer, Sebastian, 2017. "Individual Drivers for Direct and Indirect Rebound Effects: A Survey Study of Electric Vehicles and Building Insulation in Austria," FCN Working Papers 17/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    38. Reddy, K.S. & Kumar, Madhusudan & Mallick, T.K. & Sharon, H. & Lokeswaran, S., 2014. "A review of Integration, Control, Communication and Metering (ICCM) of renewable energy based smart grid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 180-192.
    39. Frieling, Julius & Madlener, Reinhard, 2017. "The Turning Tide: How Energy has Driven the Transformation of the British Economy Since the Industrial Revolution," FCN Working Papers 7/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    40. de Reuver, Mark & van der Lei, Telli & Lukszo, Zofia, 2016. "How should grid operators govern smart grid innovation projects? An embedded case study approach," Energy Policy, Elsevier, vol. 97(C), pages 628-635.
    41. Ruiz-Romero, Salvador & Colmenar-Santos, Antonio & Mur-Pérez, Francisco & López-Rey, África, 2014. "Integration of distributed generation in the power distribution network: The need for smart grid control systems, communication and equipment for a smart city — Use cases," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 223-234.
    42. Geels, Frank W., 2002. "Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case-study," Research Policy, Elsevier, vol. 31(8-9), pages 1257-1274, December.
    43. Frieling, Julius & Madlener, Reinhard, 2017. "Fueling the US Economy: Energy as a Production Factor from the Great Depression until Today," FCN Working Papers 2/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    44. Walgern, Julia & Peters, Lennart & Madlener, Reinhard, 2017. "Economic Evaluation of Maintenance Strategies for Offshore Wind Turbines Based on Condition Monitoring Systems," FCN Working Papers 8/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    45. Daniel Chai & Ziyang Lin & Chris Veld, 2018. "Value-creation through spin-offs: Australian evidence," Australian Journal of Management, Australian School of Business, vol. 43(3), pages 353-372, August.
    46. UNCTAD & World Bank, 2018. "Creating an Enabling Environment," World Bank Publications - Reports 29480, The World Bank Group.
    47. Kabalci, Yasin, 2016. "A survey on smart metering and smart grid communication," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 302-318.
    48. Depuru, Soma Shekara Sreenadh Reddy & Wang, Lingfeng & Devabhaktuni, Vijay, 2011. "Smart meters for power grid: Challenges, issues, advantages and status," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(6), pages 2736-2742, August.
    49. Vonsien, Silvia & Madlener, Reinhard, 2018. "Cost-Effectiveness of Li-Ion Battery Storage with a Special Focus on Photovoltaic Systems in Private Households," FCN Working Papers 2/2018, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    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. Eunji Kim & Yoonhee Ha, 2021. "Vitalization Strategies for the Building Energy Management System (BEMS) Industry Ecosystem Based on AHP Analysis," Energies, MDPI, vol. 14(9), pages 1-16, April.
    2. Marius Buchmann, 2019. "How decentralization drives a change of the institutional framework on the distribution grid level in the electricity sector – the case of local congestion markets," Bremen Energy Working Papers 0031, Bremen Energy Research.
    3. Ebrahim Navid Sadjadi & Roemi Fernández, 2023. "Relational Marketing Promotes Sustainable Consumption Behavior in Renewable Energy Production," Sustainability, MDPI, vol. 15(7), pages 1-18, March.
    4. Rebenaque, Olivier & Schmitt, Carlo & Schumann, Klemens & Dronne, Théo & Roques, Fabien, 2023. "Success of local flexibility market implementation: A review of current projects," Utilities Policy, Elsevier, vol. 80(C).
    5. Geels, F.W. & Sareen, S & Hook, A. & Sovacool, B.K., 2021. "Navigating implementation dilemmas in technology-forcing policies: A comparative analysis of accelerated smart meter diffusion in the Netherlands, UK, Norway, and Portugal (2000-2019)," Research Policy, Elsevier, vol. 50(7).
    6. Norouzi, F. & Hoppe, T. & Kamp, L.M. & Manktelow, C. & Bauer, P., 2023. "Diagnosis of the implementation of smart grid innovation in The Netherlands and corrective actions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 175(C).
    7. Lazar Gitelman & Mikhail Kozhevnikov & Olga Ryzhuk, 2019. "Advance Management Education for Power-Engineering and Industry of the Future," Sustainability, MDPI, vol. 11(21), pages 1-23, October.
    8. Ute Paukstadt & Jörg Becker, 2021. "Uncovering the business value of the internet of things in the energy domain – a review of smart energy business models," Electronic Markets, Springer;IIM University of St. Gallen, vol. 31(1), pages 51-66, March.
    9. Meunier, Simon & Protopapadaki, Christina & Baetens, Ruben & Saelens, Dirk, 2021. "Impact of residential low-carbon technologies on low-voltage grid reinforcements," Applied Energy, Elsevier, vol. 297(C).
    10. Chamaret, Cécile & Steyer, Véronique & Mayer, Julie C., 2020. "“Hands off my meter!” when municipalities resist smart meters: Linking arguments and degrees of resistance," Energy Policy, Elsevier, vol. 144(C).
    11. Siddharth Sareen, 2020. "Social and technical differentiation in smart meter rollout: embedded scalar biases in automating Norwegian and Portuguese energy infrastructure," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-8, December.
    12. Feil, Alex Sandro & Antunes, Carlos Henggeler & da Silva, Patrícia Pereira & de Castro, Nivalde, 2024. "The critical drivers of the Brazilian electricity sector's transition through 2050: A Delphi study," Utilities Policy, Elsevier, vol. 87(C).
    13. Sovacool, Benjamin K. & Martiskainen, Mari & Hook, Andrew & Baker, Lucy, 2020. "Beyond cost and carbon: The multidimensional co-benefits of low carbon transitions in Europe," Ecological Economics, Elsevier, vol. 169(C).
    14. Ning, Jiajun & Xiong, Lixin, 2024. "Analysis of the dynamic evolution process of the digital transformation of renewable energy enterprises based on the cooperative and evolutionary game model," Energy, Elsevier, vol. 288(C).
    15. Rövekamp, Patrick & Schöpf, Michael & Wagon, Felix & Weibelzahl, Martin & Fridgen, Gilbert, 2021. "Renewable electricity business models in a post feed-in tariff era," Energy, Elsevier, vol. 216(C).
    16. Guo, Rui & Meunier, Simon & Protopapadaki, Christina & Saelens, Dirk, 2023. "A review of European low-voltage distribution networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 173(C).
    17. Pereira, Guillermo Ivan & Niesten, Eva & Pinkse, Jonatan, 2022. "Sustainable energy systems in the making: A study on business model adaptation in incumbent utilities," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    18. Ottavia Valentini & Nikoleta Andreadou & Paolo Bertoldi & Alexandre Lucas & Iolanda Saviuc & Evangelos Kotsakis, 2022. "Demand Response Impact Evaluation: A Review of Methods for Estimating the Customer Baseline Load," Energies, MDPI, vol. 15(14), pages 1-36, July.
    19. Pereira, Guillermo Ivan & Pereira da Silva, Patrícia & Cerqueira, Pedro André, 2020. "Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors," Energy Policy, Elsevier, vol. 142(C).
    20. Biancardi, Andrea & Di Castelnuovo, Matteo & Staffell, Iain, 2021. "A framework to evaluate how European Transmission System Operators approach innovation," Energy Policy, Elsevier, vol. 158(C).

    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. Specht, Jan Martin & Madlener, Reinhard, 2018. "Business Models for Energy Suppliers Aggregating Flexible Distributed Assets and Policy Issues Raised," FCN Working Papers 7/2018, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    2. Heesen, Florian & Madlener, Reinhard, 2021. "Revisiting heat energy consumption modeling: Household production theory applied to field experimental data," Energy Policy, Elsevier, vol. 158(C).
    3. Soares, N. & Martins, A.G. & Carvalho, A.L. & Caldeira, C. & Du, C. & Castanheira, É. & Rodrigues, E. & Oliveira, G. & Pereira, G.I. & Bastos, J. & Ferreira, J.P. & Ribeiro, L.A. & Figueiredo, N.C. & , 2018. "The challenging paradigm of interrelated energy systems towards a more sustainable future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 95(C), pages 171-193.
    4. Colak, Ilhami & Sagiroglu, Seref & Fulli, Gianluca & Yesilbudak, Mehmet & Covrig, Catalin-Felix, 2016. "A survey on the critical issues in smart grid technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 396-405.
    5. Hendrik Schmitz and Reinhard Madlener, 2020. "Direct and Indirect Energy Rebound Effects in German Households: A Linearized Almost Ideal Demand System Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 5), pages 89-118.
    6. Höwer, Daniel & Oberst, Christian A. & Madlener, Reinhard, 2017. "Regionalization Heuristic to Map Spatial Heterogeneity of Macroeconomic Impacts: The Case of the Green Energy Transition in NRW," FCN Working Papers 13/2017, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 Feb 2019.
    7. McMeekin, Andrew & Geels, Frank W. & Hodson, Mike, 2019. "Mapping the winds of whole system reconfiguration: Analysing low-carbon transformations across production, distribution and consumption in the UK electricity system (1990–2016)," Research Policy, Elsevier, vol. 48(5), pages 1216-1231.
    8. Erlinghagen, Sabine & Markard, Jochen, 2012. "Smart grids and the transformation of the electricity sector: ICT firms as potential catalysts for sectoral change," Energy Policy, Elsevier, vol. 51(C), pages 895-906.
    9. van de Kaa, G. & Fens, T. & Rezaei, J. & Kaynak, D. & Hatun, Z. & Tsilimeni-Archangelidi, A., 2019. "Realizing smart meter connectivity: Analyzing the competing technologies Power line communication, mobile telephony, and radio frequency using the best worst method," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 320-327.
    10. Chang, Rui-Dong & Zuo, Jian & Zhao, Zhen-Yu & Zillante, George & Gan, Xiao-Long & Soebarto, Veronica, 2017. "Evolving theories of sustainability and firms: History, future directions and implications for renewable energy research," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 48-56.
    11. Shaukat, N. & Khan, B. & Ali, S.M. & Mehmood, C.A. & Khan, J. & Farid, U. & Majid, M. & Anwar, S.M. & Jawad, M. & Ullah, Z., 2018. "A survey on electric vehicle transportation within smart grid system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1329-1349.
    12. Wen, Lulu & Zhou, Kaile & Yang, Shanlin & Li, Lanlan, 2018. "Compression of smart meter big data: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 59-69.
    13. Guillermo Ivan Pereira & Patrícia Pereira Silva & Deborah Soule, 2018. "Policy-adaptation for a smarter and more sustainable EU electricity distribution industry: a foresight analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(1), pages 231-267, December.
    14. Pereira, Guillermo Ivan & Niesten, Eva & Pinkse, Jonatan, 2022. "Sustainable energy systems in the making: A study on business model adaptation in incumbent utilities," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    15. Eghbal Akhlaghi, Vahid & Campbell, Ann Melissa & de Matta, Renato E., 2021. "Fuel distribution planning for disasters: Models and case study for Puerto Rico," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 152(C).
    16. Bolton, Ronan & Hannon, Matthew, 2016. "Governing sustainability transitions through business model innovation: Towards a systems understanding," Research Policy, Elsevier, vol. 45(9), pages 1731-1742.
    17. Abolhosseini, Shahrouz & Heshmati, Almas & Altmann, Jörn, 2014. "A Review of Renewable Energy Supply and Energy Efficiency Technologies," IZA Discussion Papers 8145, Institute of Labor Economics (IZA).
    18. Arman Avadikyan & Patrick Llerena, 2009. "Socio-technical transition processes: A real option based reasoning," Working Papers of BETA 2009-21, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    19. Jain, Sanjay, 2020. "Fumbling to the future? Socio-technical regime change in the recorded music industry," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    20. Mock, Mirijam & Omann, Ines & Polzin, Christine & Spekkink, Wouter & Schuler, Julia & Pandur, Vlad & Brizi, Ambra & Panno, Angelo, 2019. "“Something inside me has been set in motion”: Exploring the psychological wellbeing of people engaged in sustainability initiatives," Ecological Economics, Elsevier, vol. 160(C), pages 1-11.

    More about this item

    Keywords

    Electricity distribution; smart grid; technology; business model; market design; policy;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ris:fcnwpa:2018_003. 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: Hendrik Schmitz (email available below). General contact details of provider: https://edirc.repec.org/data/fceonde.html .

    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.