Smart Grid Europe

Plenary Session 2: Regulatory aspects and market operations in smart grid environment
October 12, 08:00-09:30

Chair: Professor Math Bollen, Energy Markets Inspectorate, Sweden

Math Bollen Yvonne Fredriksson
Math Bollen
Energy Markets Inspectorate, Sweden
Yvonne Fredriksson
Director General Energy Markets Inspectorate, Sweden
Alicia Carrasco
Director eMeter Corporation EMEA Regulatory, UK
Mark McGranaghan Serge Galant Alice Waltham
Mark McGranaghan
EPRI, USA
Serge Galant
CEO Technofi, France
Alice Waltham
IPA Economics, UK

Key note speeches

Abstract of the session:

The transition to a smart grid will require significant changes in the way in which the power system is designed and operated. But also the electricity markets and the regulation will be impacted. Markets and regulation will be different in the future power system than in the existing power system, and possibly again different during the transition period. The national regulators have by some been placed in the driving seat with this transition, with one of their tasks being to ensure the financing of demonstration projects and the future investments with a massive deployment of new technology. Not all stakeholders agree with this position however. There are other roles for regulation as well: like the adaptation of the tariff system to the new developments; the removal of any regulatory barriers against for example renewable sources of energy; and the introduction of new types of markets with wider participations from all network users. The future electricity market, as part of the smart grid, will likely include a much wider participation of the network users in different markets. This can be the day-ahead market for electrical energy, but also balancing and reserve markets and even various forms of ancillary services.