Energy networks and distributed energy resources in Great Britain
By: Matthew Lockwood – Energy Policy Group, University of Exeter
EPG Working Paper: 1406
This paper examines the rules and incentives governing electricity, gas and heat networks in Great Britain from the perspective of how far these facilitate or prevent a shift towards an energy system with more ‘distributed energy resources’, including flexible demand, local electricity generation and heat production, and energy storage. Much of the analysis focuses on electricity distribution network, where the greatest need for innovation is expected to lie. Most of the relevant rules and incentives arise from the economic regulation of networks, and from licence conditions and industry codes and standards. The paper goes on to describe the governance of these frameworks, and how that governance has evolved since privatisation. Finally, the paper offers an interpretation of why that evolution has taken the course it has.
Keywords: networks, smart grids, innovation, regulation, governance, demand-side response
Date: 15 October 2014
There is also a blog linked to this working paper which can be read here.