presentation - 12th IAEE European Energy Conference

Assumptions of this approach
• The starting point of this paper is the idea that costs of the grid
might rise, but those costs will be offset by “savings” elsewhere in the
system.
• While the interest in the smart grids by private stakeholders mainly
focuses on a cost-benefit analysis, the Public Administration is
concerned with other aspects such as energy security; GHG gas
emissions reduction as well as social benefits, for instance
employment or technological development.
• The consideration of these externalities in economic terms could
justify the participation of the Administration into the costs of the SG
implementation either directly or through economic incentives to the
private sector.