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| DOI | 10.1016/j.enpol.2020.111729 |
| Competition in smart distribution grids | |
| Bertolini M.; Buso M.; Greco L. | |
| 发表日期 | 2020 |
| ISSN | 03014215 |
| 卷号 | 145 |
| 英文摘要 | Smart grids are often considered a cornerstone of energy transition and market liberalization in electric industries. From a critical reading of the interdisciplinary academic and governmental literature, we draw a new definition of grid smartness that is based on the reduction of the volatility of market prices and flows. Then, relying on a simple industrial-organization model of the electric market, we analyze the impact of smart grids on competition among energy suppliers and on the incentives of distribution system operators to invest in it. We show that the risk-reduction effect of smart grids pushes firms to supply more energy. However, the latter can be compensated by an indirect competition effect of investments in smart grids which prevents the entry of firms into the market, though the aggregate effect on energy supply is always positive. We also find that distribution system operators under-invest in smart grids because they fail to internalize positive externalities on energy consumers and producers. © 2020 Elsevier Ltd |
| 关键词 | Distribution system operatorElectricity marketsInvestment regulationRisk aversionSmart grids |
| 英文关键词 | Commerce; Competition; Electric power transmission networks; Investments; Competition effects; Distribution systems; Electric markets; Energy suppliers; Energy transitions; Industrial organization; Market liberalization; Smart distribution grids; Smart power grids; competition (economics); distribution system; electricity industry; energy market; investment; price dynamics; smart grid |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204567 |
| 作者单位 | Department of Economics and Management and CRIEP, University of Padua, Address: Via del Santo 33, Padova, Italy; Department of Economics and Finance, Catholic University of Sacred Heart, Address: Via Necchi 5, Milan, Italy; CRIEP, University of Padova, Italy |
| 推荐引用方式 GB/T 7714 | Bertolini M.,Buso M.,Greco L.. Competition in smart distribution grids[J],2020,145. |
| APA | Bertolini M.,Buso M.,&Greco L..(2020).Competition in smart distribution grids.Energy Policy,145. |
| MLA | Bertolini M.,et al."Competition in smart distribution grids".Energy Policy 145(2020). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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