Title :
Distribution Pricing: Are We Ready for the Smart Grid?
Author :
Furong Li ; Marangon-Lima, Jose Wanderley ; Rudnick, Hugh ; Medeiros Marangon-Lima, Luana ; Padhy, Narayana Prasad ; Brunekreeft, Gert ; Reneses, Javier ; Chongqing Kang
Author_Institution :
Dept. of Electron. & Electr. Eng., Univ. of Bath, Bath, UK
Abstract :
Energy transportation costs typically make up a quarter of consumers? electricity bills, and most of this amount (90% in the United Kingdom, 75% in Brazil and Spain, and 60% in India, for example) is due to energy transportation through the distribution network. This cost could escalate over the next few decades as distributed energy resources are expected to grow substantially in response to the financial incentives many governments have created for renewable and efficient generation to meet their CO2 reduction targets.
Keywords :
air pollution control; distributed power generation; power distribution economics; pricing; smart power grids; carbon dioxide reduction targets; distributed energy resources; distribution pricing; financial incentives; smart grid; Energy management; Generators; Investments; Maintenance engineering; Periodic structures; Power distribution; Power grids; Power system economics; Smart grids;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPE.2015.2416112
