Smart Grid Regulations - 07 Oct 2009


New Regulatory regimes for energy transmission and distribution have been in operation for two years, and network revenue and pricing regulation has largely moved to the Australian Energy Regulator. Regulatory regimes have undergone their most significant changes in a decade. New forms of light regulation are being tested in gas, and national electricity rules have been put to the test in regulatory resets across Australia.

However, far more reaching regulatory changes will be required, aimed at creating incentives to stimulate investments in smart grids.

In order to make this happen it was suggested that the industry transforms itself and aligns itself more to a range of new trans-sector developments in the market, this will require amongst other things:

  • Political and corporate will
  • Sufficient practical business - Potential for Growth. New business initiatives within utilities. Encouraging regulatory framework, role of lobbying to speed action. Providing real and not paper incentives.
  • Action, investing in infrastructure.

Guido Bartels also participated in the conference. The title of his presentation was ‘Intelligence, Innovation and the Integration energy Value Chain: Enabling Smarter Power for a Smarter Planet'.

 

Smart Grids Home page