The future of electricity retailing and how we get there / Frank A. Wolak, Ian H. Hardman.
Wolak, Frank A.; Hardman, Ian H.
2022
HD9685.A2
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Title The future of electricity retailing and how we get there / Frank A. Wolak, Ian H. Hardman.
Author Wolak, Frank A.
ISBN 9783030850050 (electronic bk.)
3030850056 (electronic bk.)
3030850048
9783030850043
DOI https://doi.org/10.1007/978-3-030-85005-0
Publication Details Cham, Switzerland : Springer, 2022.
Language English
Description 1 online resource
Item Number 10.1007/978-3-030-85005-0 doi
Call Number HD9685.A2
Dewey Decimal Classification 333.793/2
Summary This book covers the current trends and challenges faced by regulators, policymakers, and researchers in the field of retail electricity market design and regulation. It addresses the role that smart technologies are playing in reshaping how utilities and consumers interact with each other and with their generating technologies. The book covers topics including smart meter adoption, dynamic pricing, demand response, distributed and utility-scale solar, technology costs trends, and the microeconomic theory that governs our understanding of retailer and consumer incentives. Existing inefficiencies of transmission and distribution network pricing as well as the potential regulatory approaches that can be used to remedy them are discussed along with the advantages of retail competition and draw attention to the barriers that currently are preventing all of the benefits of retail competition from materializing. The book uses very recent data to provide the most up-to-date overview of retailing trends and policies in the USA, Europe, Asia, Oceania, and Latin America. The book will be useful for researchers and regulators and policymakers.
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed October 11, 2021).
Added Author Hardman, Ian H.
Series Lecture notes in energy ; v. 41.
Available in Other Form Print version: 9783030850043
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
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Intro
Preface
Contents
About the Authors
1 Introduction: Two Paths to the Future of Electricity Retailing
1.1 The Reactive Approach
1.2 The Forward-Looking Approach
1.3 Structure of This Book
2 Drivers of Change in the Retail Electricity Sector
2.1 Mechanical Versus Interval Metering Technology
2.2 Declining Costs: Sensors, Storage, and Solar
2.3 Distributed Solar: A Competitor to Grid-scale Electricity
2.4 Low Cost Two-Way Communication Technologies
2.5 Electrifying the Transportation and Heating Sectors
2.5.1 Transportation Electrification

2.5.2 Heating Electrification
References
3 Regulatory Barriers to Change
3.1 Barriers to Interval Metering Deployment
3.2 Interval Data Access and Interactivity with Consumers
3.3 Inefficient Transmission and Distribution Network Pricing
3.3.1 Inefficient Bypass: An Example from California
3.3.2 Inefficient Investment in Distributed Versus Grid-scale Solar
3.4 Regulatory Reform of Distribution Network Planning and Access
3.5 Potential for Pricing Distribution Network Services
3.6 Lowering Barriers to Adoption of New Technologies
References

4 Current State of Retail Markets
4.1 Retail Electricity Markets in the United States
4.2 Retail Electricity Markets Outside of the U.S.
4.3 Dynamic Pricing of Retail Electricity
4.3.1 Necessary Technological and Regulatory Framework for Dynamic Pricing
4.3.2 Dynamic Pricing Versus Time-of-Use Pricing
4.3.3 Survey of Existing Dynamic Pricing Plans
References
5 Current State of Deployment
5.1 Extent of Deployment of Interval Meters
5.1.1 Deployment in the United States
5.1.2 Deployment in Europe
5.1.3 Deployment in Australia, New Zealand, and Asia

5.1.4 Deployment in Latin America
5.2 Extent of Deployment of Distributed Solar
5.2.1 Deployment in the United States
5.2.2 Deployment in Europe
5.2.3 Deployment in Australia, New Zealand, and Asia
5.2.4 Deployment in Latin America
5.3 Extent of Adoption of Dynamic Pricing
5.3.1 Adoption in the United States and Canada
5.3.2 Adoption in Europe
5.3.3 Adoption in Australia, New Zealand, and Asia
5.3.4 Adoption in Latin America
5.4 Extent of Adoption of Demand Response Programs
5.5 Rules for Third-Party Access to the Distribution Network
References

6 Technologies Providing Distribution Network Services
6.1 Interval Metering Systems
6.1.1 Technology Specifications
6.1.2 Customer Data Privacy
6.2 Network Monitoring Systems
6.3 Automated Load Shifting Technologies
6.4 Distributed Energy Resource Management Systems
6.5 Services Aiding Customer Participation in Wholesale Markets
References
7 Possible Futures of Electricity Retailing
7.1 Network Pricing Reform: An Urgent Need
7.1.1 Recovering Sunk Costs with Average-Cost Pricing
7.1.2 Recovering Sunk Costs with Marginal-Cost Pricing

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