Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297788 
Year of Publication: 
2023
Series/Report no.: 
Serie Documentos de Trabajo No. 859
Publisher: 
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA), Buenos Aires
Abstract: 
A smart grid is the superposition of one physical electricity network on an information system. "Digitalization" (the growing application of information and communication technologies across the economy) enables electricity to break away from exclusive and centralized generation, opening it up to the increased integration of small-scale renewable sources in distribution networks. Digitalization also facilitates two-way communications between clients and providers, transforming them -progressively into "prosumers". This suggests a new electricity system requiring changes in regulatory and technical norms. Transmission improves, losses decrease, renewables can be better integrated, and demand peaks can be smoothed. On the other hand, there is an important need for investments in smart meters, and IT technology, as well as concerns over the correct treatment of clients' data. The massive introduction of dynamic tariffs is a consequence of smart grid development.
Subjects: 
Smart Grids
Renewable Energy Sources
Electricity markets
JEL: 
C14
Q42
Document Type: 
Working Paper

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