Smart-grid policies: an international review
Article first published online: 17 OCT 2012
© 2012 John Wiley & Sons, Ltd.
Wiley Interdisciplinary Reviews: Energy and Environment
Volume 2, Issue 2, pages 121–139, March/April 2013
How to Cite
Brown, M. A. and Zhou, S. (2013), Smart-grid policies: an international review. WIREs Energy Environ., 2: 121–139. doi: 10.1002/wene.53
- Issue published online: 12 FEB 2013
- Article first published online: 17 OCT 2012
The electric power systems of many industrialized nations are challenged by the need to accommodate distributed renewable generation, increasing demands of a digital society, growing threats to infrastructure security, and concerns over global climate disruption. The ‘smart grid’—with a two-way flow of electricity and information between utilities and consumers—can help address these challenges, but various financial, regulatory, and technical obstacles hinder its rapid deployment. An overview of experiences with smart-grid policies in pioneering countries shows that many governments have designed interventions to overcome these barriers and to facilitate grid modernization. Smart-grid policies include a new generation of regulations and finance models such as regulatory targets, requirements for data security and privacy, renewable energy credits, and various interconnection tariffs and utility subsidies.