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Symposium 2011

Solution for Pioneering Smart Electricity Systems

The Challenge

The nuclear catastrophe in Japan in March 2011 radically changed many preconceptions around the world about energy for the future. Before then, many countries with nuclear power plants sought a consta ...

The nuclear catastrophe in Japan in March 2011 radically changed many preconceptions around the world about energy for the future. Before then, many countries with nuclear power plants sought a constant or rising share of nuclear energy in the mix, while today the future of nuclear energy is unsettled. At the same time, the threat of climate change requires restrictions on the use of fossil fuels such as coal for electricity generation.

Limit public financial support to solutions that are cost-effective and only realize projects if amortization of costs is ensured.

Cost-effectiveness is one of the main criteria for the success of “smart electricity systems.” Transmission and distribution have to be managed at lowest cost to provide the highest return on capital. Generally, projects should only be realized if amortization of costs are ensured.

    Related Solutions

    Solution
    Symposium 2011

    Standardize regulation, communication protocols and metering equipment. In case of supra-national standardization, leave enough freedom to account for country-specific requirements.

    Standardize regulation, communication protocols and metering equipment. In case of supra-national standardization, leave enough freedom to account for country-specific requirements.

    Standardize regulation, communication protocols and metering equipment. In case of supra-national standardization, leave enough freedom to account for country-specific requirements.

    Polity
    Solution
    Symposium 2011

    Develop adequate price incentives for end users.

    Develop adequate price incentives for end users.

    Develop adequate price incentives for end users.

    Polity
    Solution
    Symposium 2011

    Develop nonmonetary incentives for end users, such as the visualization of energy and carbon savings, as well as reputation- based incentives.

    Develop nonmonetary incentives for end users, such as the visualization of energy and carbon savings, as well as reputation- based incentives.

    Develop nonmonetary incentives for end users, such as the visualization of energy and carbon savings, as well as reputation- based incentives.

    Polity, Academia, Business, Civil Society
    Solution
    Symposium 2011

    Enforce the installation of smart meters not only in newly built houses, but also in already existing buildings.

    Enforce the installation of smart meters not only in newly built houses, but also in already existing buildings.

    Enforce the installation of smart meters not only in newly built houses, but also in already existing buildings.

    Polity, Business