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The Impact of Regulation on a Firm's Incentives to Invest in Emergent Smart Grid Technologies

dc.contributor.authorCosta, Paulo Moisés
dc.contributor.authorBento, Nuno
dc.contributor.authorMarques, Vítor
dc.date.accessioned2017-01-03T16:46:27Z
dc.date.available2017-01-03T16:46:27Z
dc.date.issued2017
dc.description.abstractThis paper analyzes the implementation of new technologies in network industries through the development of a suitable regulatory scheme. The analysis focuses on Smart Grid (SG) technologies which, among others benefits, could save operational costs and reduce the need for further conventional investments in the grid. In spite of the benefits that may result from their implementation, the adoption of SGs by network operators can be hampered by the uncertainties surrounding actual performances. A decision model has been developed to assess the firms' incentives to invest in "smart" technologies under different regulatory schemes. The model also enables testing the impact of uncertainties on the reduction of operational costs, and of conventional investments. Under certain circumstances, it may be justified to support the development and early deployment of emerging innovations that have a high potential to ameliorate the efficiency of the electricity system, but whose adoption faces many uncertainties.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationCosta, P. M., Bento, N., & Marques, V. (2017). The Impact of Regulation on a Firm’s Incentives to Invest in Emergent Smart Grid Technologies. The Energy Journal, 38(2).pt_PT
dc.identifier.doi10.5547/01956574.38.2.pcospt_PT
dc.identifier.urihttp://hdl.handle.net/10400.19/3593
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherInternational Association for Energy Economicspt_PT
dc.subjectIncentive regulationpt_PT
dc.subjectInfrastructurept_PT
dc.subjectInvestmentpt_PT
dc.subjectSmart gridspt_PT
dc.titleThe Impact of Regulation on a Firm's Incentives to Invest in Emergent Smart Grid Technologiespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.issue2pt_PT
oaire.citation.titleThe Energy Journalpt_PT
oaire.citation.volume38pt_PT
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT

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