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    Smart regulation for smart grids

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    Publication type
    Working paper
    Author
    Meeus, Leonardo
    Saguan, Marcelo
    Glachant, Jean-Michel
    Belmans, Ronnie
    Publication Year
    2010
    
    Metadata
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    Abstract
    The European Union set ambitious objectives for the year 2020 in terms of increase of renewable generation, energy savings and reduction of GHG emissions. These objectives lead Europe towards a complete decarbonisation of the electricity system. There is a key role to be played by grids in facilitating the required transformation and this implies they need to become “smart”. In practical terms, making grids smart means deepening the energy system integration and grid users participation. Grids have to reconfigure notably for the integration of distributed generation (DG), the integration of massive large-scale renewable (RES), and for the integration of facilitating demand response. Smarter grids need a smarter regulation. A smart regulation reconfigures the incentives and coordination tools of grid companies and grid users and aligns them towards the new policy objectives. Some of the incentives provided to grid companies and grid users by the existing regulation must be corrected and some additional mechanisms must be conceived and experienced.
    Keyword
    Energy Markets
    Knowledge Domain/Industry
    Special Industries : Energy
    URI
    http://hdl.handle.net/20.500.12127/4642
    Other links
    http://hdl.handle.net/1814/20786
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    Research Communication

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