气候变化领域集成服务门户(CCPortal): Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors

CCPortal

DOI	10.1016/j.enpol.2020.111477
	Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors
	Pereira G.I.; Pereira da Silva P.; Cerqueira P.A.
发表日期	2020
ISSN	03014215
卷号	142
英文摘要	The transition to a cleaner and smarter electricity system is being spurred by new policy approaches aiming at delivering a decentralized, digital, and decarbonized energy future. This calls for the adaptation of incumbent technologies, policies, and actors, as well as for the introduction of new system components. The changing role of electricity distribution systems, and of distribution system operators, has been a focal aspect of recent market design efforts, given the critical role of network infrastructure and the importance to adjust its operations, and regulatory framework. We build on a novel dataset from 124 DSOs and apply a methodology combining Factor analysis and a Tobit model to evaluate the role of market, regulatory, investment, and firm-level factors on technological, business model, and market design adaptation. Our results indicate that hybrid regulatory models contribute to DSOs adaptation. Investing in smart grids is found to have a positive effect on adaptation. Regarding firm-level characteristics, the results indicate that unbundling does not affect adaptation, however larger DSOs are found to be better able to adapt. These findings provide timely empirical evidence for advancing regulatory and policy approaches toward the adaptation of incumbents in a rapidly changing electricity sector. © 2020 Elsevier Ltd
关键词	Adaptation Decentralization Electricity distribution Policy Regulation Smart grids
英文关键词	Commerce; Electric power transmission networks; Electric utilities; Energy policy; Distribution systems; Electricity distribution; Electricity distribution systems; Electricity sector; Incumbent technology; Level characteristic; Network infrastructure; Regulatory frameworks; Investments; decentralization; electricity supply; energy market; energy policy; investment; regulatory framework; 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/204817
作者单位	Manchester Institute of Innovation Research, Alliance Manchester Business School, The University of Manchester, Booth Street West, Manchester, M15 6PB, United Kingdom; University of Coimbra, Energy for Sustainability Initiative, MIT Portugal Program, Av. Dias da Silva, 165, Coimbra, 3004-512, Portugal; University of Coimbra, INESC Coimbra, Institute for Systems Engineering and Computers at Coimbra, Rua Sílvio Lima, Pólo II, Coimbra, 3030-290, Portugal; University of Coimbra, Faculty of Economics, CeBER, Center for Business and Economics Research, Av. Dias da Silva, 165, Coimbra, 3004-512, Portugal
推荐引用方式 GB/T 7714	Pereira G.I.,Pereira da Silva P.,Cerqueira P.A.. Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors[J],2020,142.
APA	Pereira G.I.,Pereira da Silva P.,&Cerqueira P.A..(2020).Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors.Energy Policy,142.
MLA	Pereira G.I.,et al."Electricity distribution incumbents' adaptation toward decarbonized and smarter grids: Evidence on the role market, regulatory, investment, and firm-level factors".Energy Policy 142(2020).