Results 1 - 2 of 2
Results 1 - 2 of 2. Search took: 0.014 seconds
|Sort by: date | relevance|
[en] District heating, the conversion of primary energy into distributed thermal energy and possible electric energy, is a challenge to regulate. In addition to the ever present asymmetric information in any sufficiently complex activity, some of the inputs for district heating, such as excess process heat, have arbitrary valuation. This study concerns the most developed European district heating and cogeneration system, the Danish. By assessing environmental and economic efficiency, the impact of governmental, market and managerial imperfections are estimated. The principal methodological base is the additive Data Envelopment Analysis model with extensions. The paper ends with some policy suggestions
[en] Grid infrastructure managers worldwide are facing demands for reinvestments in new assets with higher on-grid and off-grid functionality in order to meet new environmental targets. The roles of the current actors will change as the vertical interfaces between regulated and unregulated tasks become blurred. In this paper, we characterize some of the effects of new asset investments policy on the network tasks, assets and costs and contrast this with the assumptions of the current economic network regulation. To provide structure, we present a model of investment provision under regulation between a distribution system operator and a potential investor–generator. The results from the model confirm the hypothesis that network regulation should find a focal point, should integrate externalities in the performance assessment and should avoid wide delegation of contracting-billing for smart-grid investments. - Highlights: ► We review regulatory solutions for smart-grid and DER investments. ► What matters more than upfront incentives is organization and delegation. ► We model regulated investment under private information by a generator or a DSO. ► Highest welfare for high-powered incentives and centralized information. ► Market approaches likely to give poor outcomes for this case.