Table of Contents
Executive Summary
E.1 Introduction: The Smart Grid's Background
E.1.1 Functionalities and Components
E.1.2 Regulation and Markets
E.2 Smart-Grid Policies Evolving
E.2.1 The U.S.
E.2.2 Outside the U.S.
E.3 Markets for Utility Purchases of Smart Grid Equipment and Services
E.3.1 Smart Grids, Heavy and Lite
E.3.2 State-Level Markets
E.3.3 Beyond Smart Meters
E.3.4 What to Market, and to Whom
E.3.5 Utility Markets Outside of the U.S.
E.4 Non-Utility Purchases of Smart-Grid Equipment
E.4.1 Regulation and Uncertainty
E.5 Trends in Smart-Grid Regulation
E.5.1 Costs and Benefits
E.5.2 A Sample of Dockets
E.6 Smart Grid, Regulation and the Internet
Chapter One: Introduction
1.1 Background to the Report
1.1.1 The Smart Grid: Terminology and History
1.1.2 The Smart Grid: Benefits and Opportunities
1.2 Objectives and Scope of this Report
1.3 Plan of this Report
Chapter Two: Smart-Grid Policies Evolving
2.1 Introduction
2.2 Recent Federal Law and Regulation
2.3 Smart Gridlock?
2.4. State Activities
2.4.1 California
2.4.2 Texas
2.4.3 Other States
2.4.4 Why Meters at All? Other Utilities in the U.S.
2.5 Outside the U.S.
2.5.1 European Union
2.5.2 European National Policies
2.5.3 Asia/Australia
2.5.4 Canada
2.5.5 Brazil
2.6 Conclusions
Chapter Three: Utility Purchases of Smart-Grid Equipment and Services
3.1 Introduction
3.2 The Economics and Politics of the Smart Grid
3.2.1 The Changing Character of Smart-Grid Regulatory Dockets
3.2.2 Standard Setting and the Option Value of Delay
3.3 Characterizing State-Level Markets
3.3.1 Identifying Potentially Active Markets
3.4 Beyond Smart Meters
3.4.1 Classifications
3.4.2 Prioritization and Implementation
3.5 What to Market, and to Whom
3.5.1 The Underlying Uncertainties
3.5.2 Substation and Distribution Automation
3.5.3 Communications
3.5.4 Phasors and Dynamic Rating
3.5.5 Distributed Resources
3.6 Summary
Chapter Four: Non-Utility Purchases of Smart-Grid Equipment and Services
4.1 Introduction
4.2 State Regulators and the Dimensions of Grid Reform
4.3 Delays in Standards and the Diffusion of Products
4.4 Where is Consumer Demand?
4.5 Conclusions
Chapter Five: Trends in Smart-Grid Regulation
5.1 Introduction
5.1.1 Background
5.1.2 Plan of the Chapter
5.2 Costs and Benefits
5.2.1 General Findings
5.2.2 Customer Response in Pilot Programs
5.2.3 Active Participation
5.2.4 The Value of Waiting
5.2.5 Seldom-Heard Arguments for AMI and the Smart Grid
5.3 A Sample of Dockets
5.3.1 Proceedings with Little or No Cost-Benefit Analysis
5.3.2 Costs and Benefits in California
5.3.3 Cost Overruns and Consumer Reactions
5.4 Summary and Conclusions
Acronyms and Abbreviations Used in this Report
About the Author
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