This book focuses on the economics of smart meters and is one of the first to present comprehensive evidence on the impacts, cost-benefits and risks associated with smart metering.
Throughout this volume, Jacopo Torriti integrates his findings from institutional cost-benefit analyses and smart metering trials in a range of European countries with key economic and social concepts and policy insights derived from almost ten years of research in this area. He explores the extent to which the benefits of smart meters outweigh the cost, and poses key questions including: which energy savings can be expected from the roll out of smart meters in households? Is Cost-Benefit Analysis an appropriate economic tool for assessing the impacts of smart metering rollouts? Can smart meters play a significant role in research on people’s activities and the timing of energy demand? Torriti concludes by providing a much-needed survey of recent changes and expected future developments in this growing field.
This book will be of great interest to students and scholars of energy policy and demand and smart metering infrastructure.
Author(s): Jacopo Torriti
Series: Routledge Studies in Energy Policy
Publisher: Routledge
Year: 2020
Language: English
Pages: 172
City: Abingdon
Cover
Half Title
Series Page
Title Page
Copyright Page
Table of Contents
List of Figures
1.1 Timescales of Smart Meter Roll-Outs in Eu Countries
3.1 Discounted Costs (€/Metering Point)
3.2 Discounted Benefits (€/Metering Point)
3.3 Typologies of Costs (Percentages and Absolute Spending)
3.4 Typologies of Benefits (Percentages and Absolute Amount)
3.5 Costs of Smart Meters (in € Per Meter, From International Review)
3.6 Dso Annual Costs (in € Per Meter, From International Review)
3.7 Sensitivity Analysis of Main Categories of Costs and Benefits
3.8 Assumed Roll-Out Schedule
3.9 Suppliers’ Capital Costs of Smart Metering
3.10 Sensitivities of Different Variables (in Thousands of Euros)
3.11 Net Present Values for Different Stakeholders (in Thousands of Euros)
3.12 Cumulative Penetration of Smart Meters and Standard Meters
3.13 Benefits and Costs in Hungarian Cba (€ Per Metering Point)
3.14 Costs in CBAs on Smart-Metering Implementation (in Euros Per Meter, Discounted)
3.15 Benefits in CBAs on Smart-Metering Implementation (in Euros Per Meter, Discounted)
4.1 Average Unit Cost Per Consumer (RON)
4.2 Break-Down of Costs Per Meter
4.3 Unit Investment Cost Per Customer, 2015 Pilots
4.4 Investment Costs for the Purchase of Single-Phase Smart Meters in 2015 Pilots
4.5 Investment Cost for the Purchase of Three-Phase Smart Meters
4.6 Investment Cost for the Purchase of Balance Meters, 2015 Pilots
4.7 Cost of fhe Communication System (Per Meter) in 2015 Pilots
4.8 Share of Benefits (Data from Pilot Studies)
4.9 Reductions in Meter Reading Costs and O&M Costs (RON Per Meter)
5.1 Typologies of Legislative Costs
List of Tables
2.1 Capacity Limits of Electricity Meters in Spain
2.2 Fuse Intensity and Maximum Power in Spanish Meters
2.3 List of Costs (from EU 2012/148/EU Recommendation)
2.4 List of Benefits (From EU 2012/148/EU Recommendation)
3.1 Main Assumptions Underpinning German Cost–Benefits Analysis
3.2 Energy Savings
3.3 Sensitivity Analysis: Changes Which Induce Negative Net Present Values
3.4 Changes in Results of Cost–Benefits Nalyses on Smart Metering Carried Out By UK Governments Between 2011 and 2014 (Million Pounds)
3.5 Profile of Usage-Related Benefits
3.6 Electricity Generation Benefits and Costs
3.7 Benefits Associated With Lower System Marginal Prices
3.8 Key Assumptions in Hungarian Cost–Benefit Analysis
3.9 Costs in French Cost-Benefit Analysis
3.10 Benefits in French Cost–Benefit Analysis
4.1 Summary of Costs from Pilots in 2015–2016
4.2 Average Cost By Equipment Type as of Data From 2016 Pilots
4.3 Unit Cost Per Meter: 2015 Pilots and 2016 Pilots
4.4 Auxiliaries Installed in the Pilot Projects in Order to Ensure Communication
4.5 Smart Meter Main Benefits (From 2015 Pilot Studies)
4.6 Smart Meter Additional Benefits (From 2015 Pilot Studies)
4.7 Calculations for Deriving Reductions in Technical Losses
5.1 Typologies of Benefits
Preface and Acknowledgements
1 Are Smart Meters Worth the Cost?
2 The Economics of Smart Meters
3 Cost–Benefit Analyses of Smart Meters in European Countries
4 Cost–Benefit Analyses of Smart Meters in Romania
5 Cost–Benefit Analysis for Energy Policies
6 Meta-Analysis of Smart-Metering Trials and Conservation Effects
7 Beyond Economics and System Needs: Theoretical Approaches to Understand Smart Meters Energy Demand
8 A Smart Future?
Appendix – Policy Options in Regulatory Impact Assessments on Smart Meter Oll-Outs
Index
