Eurelectric Power Summit 2019: Innovation Award

This year’s Eurelectric Annual Power Summit has been held yesterday and today, 20-21 May, in Florence. With the participation of academics, think-tanks, associations, start-ups, and established businesses, the event has dissected the electricity business in the effort to find possible new business models for the sector.

In collaboration with the Florence School of Regulation, the initiative has encouraged members of academia and the general public to share their innovative visions on the topic. One paper, “Second-generation smart meter roll-out in Italy: A cost-benefit analysis” by Carlo Stagnaro of Istituto Bruno Leoni,  has been awarded the Innovation Award for its contribution to the analysis of technological developments and their implications for energy actors (in this case consumers: residential users and small businesses).

The paper delves into a cost-benefit analysis of second-generation smart meters in the context of decarbonisation and digitalisation. The research finds that smart meters generate a potentially valuable resource (providing real-time consumption data) in the search for a more efficient management of energy demand, but “customer engagement and technological evolution are needed to turn that resource into actual value”.

The author has presented and discussed the paper with the Director of the Florence School of Regulation, Jean-Michel Glachant, today during the Summit.

Read the winning paper “Second-generation smart meter roll-out in Italy: A cost-benefit analysis” here.

 

More on Energy & Climate

Gas
Why increasing the EU’s 2030 emissions reduction target is both an evolution and a revolution
Why increasing the EU’s 2030 emissions reduction target is both an evolution and a revolution

From 40 to 55%: evolution or revolution? Highlights from the FSR Conversation with Klaus-Dieter Borchardt On 16 September 2020 at…

Gas
The reversal of federal rules on methane (NSPS) does a disservice to the US oil and gas industry
The reversal of federal rules on methane (NSPS) does a disservice to the US oil and gas industry

On 13 August 2020, US Environmental Protection Agency Administrator (EPA) Andrew Wheeler announced the final rollback of the 2016 standards…

How to unlock the flexibility potential in electricity systems: a regulatory debate
How to unlock the flexibility potential in electricity systems: a regulatory debate

In the first event of the new #FSRinsights series, regulatory experts Pauline Ottoy (VREG) and Jørgen Tjersland (NVE-RME) joined the…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top