This book explores the changing economics, regulations, and operations
of electricity distribution networks. It highlights the central
challenges and opportunities caused by the rise of decentralisation
paradigm in the power system within this segment of the electricity
supply chain. As decarbonisation objectives continue to transform the
power sector, the distribution system experiences an increased
penetration of energy and flexibility resources that come from a variety
of sizes, technologies, and capabilities. This makes traditional
approaches to economic, regulation and operation of electricity
distribution networks obsolete.
This book aims to provide insights into the ways which decarbonisation,
decentralisation and digitalisation trends in the electricity sector
will eventually shape future of distribution grids. It will be relevant
to students, researchers, and policymakers interested in energy
economics, the political economy of energy, and the electricity sector.