Abstract
The subject of this chapter is the governance system of the distribution system operators (DSOs), i.e. the companies that own, operate and develop
regional and local electricity networks. These companies are natural monopolies, and subsequently need strong regulation by public authorities
and/or by consumers. The role of the DSOs has been changing fundamentally in recent years, together with the rest of the electricity system,
due to the transition from stored fossil fuel-based electricity to electricity based on fluctuating renewable energy sources. The paper analyses the
changing circumstances for the DSOs in the development of integrated smart energy systems, based on an innovative theoretical framework with a
strong focus on ownership in the understanding of governance of natural monopolies. After a comparative analysis of shareholder versus consumer
ownership, based on two cases, the paper sets up several conclusive recommendations about ownership, governance and the new role of the DSOs
in the developing smart energy system.
KEYWORDS: Price Efficiency, Natural Monopolies, Distribution System Operators, Ownership, Governanc
regional and local electricity networks. These companies are natural monopolies, and subsequently need strong regulation by public authorities
and/or by consumers. The role of the DSOs has been changing fundamentally in recent years, together with the rest of the electricity system,
due to the transition from stored fossil fuel-based electricity to electricity based on fluctuating renewable energy sources. The paper analyses the
changing circumstances for the DSOs in the development of integrated smart energy systems, based on an innovative theoretical framework with a
strong focus on ownership in the understanding of governance of natural monopolies. After a comparative analysis of shareholder versus consumer
ownership, based on two cases, the paper sets up several conclusive recommendations about ownership, governance and the new role of the DSOs
in the developing smart energy system.
KEYWORDS: Price Efficiency, Natural Monopolies, Distribution System Operators, Ownership, Governanc
| Originalsprog | Engelsk |
|---|---|
| Titel | Energy Regulation in the Green transition : Project Series on Better Regulation in the Energy Sector |
| Redaktører | Birgitte Egelund Olesen, Henrik Lund, Tooraj Jamash, Peter Mølgaard, Carsten Smidt |
| Antal sider | 11 |
| Vol/bind | Vol.1 |
| Udgivelsessted | Copenhagen |
| Publikationsdato | 2021 |
| Sider | 22-33 |
| Kapitel | 2 |
| Status | Udgivet - 2021 |