Electric Industry Structure and Regulatory Responses in a High Distributed Energy Resources Future
Author(s) -
Steve Corneli,
Steve Kihm,
Lisa Schwartz
Publication year - 2015
Language(s) - English
Resource type - Reports
DOI - 10.2172/1237497
Subject(s) - transformative learning , electric power industry , industrial organization , business , electric power , business model , distributed generation , organizational structure , key (lock) , electric utility , energy sector , power (physics) , environmental economics , economics , engineering , marketing , management , electricity , computer science , electrical engineering , computer security , psychology , pedagogy , physics , quantum mechanics
The emergence of distributed energy resources (DERs) that can generate, manage and store energy on the customer side of the electric meter is widely recognized as a transformative force in the power sector. This report focuses on two key aspects of that transformation: structural changes in the electric industry and related changes in business organization and regulation that are likely to result from them. Both industry structure and regulation are inextricably linked. History shows that the regulation of the power sector has responded primarily to innovation in technologies and business models that created significant structural changes in the sector’s cost and organizational structure.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom