Smart Grids: Energy Rethink Requires Intelligent Electricity Networks

16 Pages Posted: 5 Sep 2015

See all articles by Josef Auer

Josef Auer

Deutsche Bank Research

S. Heng

Baden-Wuerttemberg Cooperative State University

Date Written: September 21, 2011

Abstract

An efficient grid infrastructure is a prerequisite for speeding up the integration of renewable energies into the electricity supply. As such, the German government’s energy concept agreed in autumn 2010 is pursuing the right approach. However, while the establishment of a European supergrid is likely to develop its own momentum, smart grids cannot achieve market success without stronger political support – whether that be via direct investment subsidies or statutory directives. In fact the potential savings for households often probably amount to a few euros, which calls for the ordinary citizen to be very passionate about the issue given the expenditure required.

Keywords: Energy, networks, smart grid, telecommunications, innovation, technology

JEL Classification: O3, O30, O31

Suggested Citation

Auer, Josef and Heng, Stefan, Smart Grids: Energy Rethink Requires Intelligent Electricity Networks (September 21, 2011). Available at SSRN: https://ssrn.com/abstract=2656634 or http://dx.doi.org/10.2139/ssrn.2656634

Josef Auer

Deutsche Bank Research ( email )

Taunusanlage 12
60325 Frankfurt am Main
Germany

Stefan Heng (Contact Author)

Baden-Wuerttemberg Cooperative State University ( email )

Coblitzallee 1-9
Mannheim, Baden-Wuerttemberg 68163
Germany
+49 621 4105 1183 (Phone)
+49 621 4105 1245 (Fax)

HOME PAGE: http://www.mannheim.dhbw.de/profile/heng

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