With new technologies blurring the line between generation and consumption in the electricity market, regulation must be re-thought to adequately deal with increasingly complex flexible actors. The dissemination of distributed energy resources and the consequent rise in the elasticity of demand increase the pres-sure to reform distortive regulation. This paper develops grid tariffs and consumption taxes for the electricity market based on the advice of economic theory in order to preserve the incentives for flexible and grid-friendly behaviour, which will be crucial in future energy systems. This not only provides a guide to regulation design, but creates a benchmark against which proposed regulation can be compared.
|Title of host publication||Proceedings of the EEM19 Conference; 16th International Conference on the European Energy Market|
|Number of pages||6|
|Publication status||Published - 2019|
|Event||16th International Conference on the European Energy Market - Ljubljana, Slovakia|
Duration: 18 Sep 2019 → 20 Sep 2019
|Conference||16th International Conference on the European Energy Market|
|Period||18/09/2019 → 20/09/2019|