The power system is in the midst of the digital revolution, driven by a rapidly evolving technology that is transforming the grid into a “smart grid.” This chapter focuses on this technological revolution and begins by discussing what is the smart grid, what are its drives and its challenges, followed by a framework for analyzing its costs and benefits. Such an evaluation requires taking into account the reliability and resilience of the grid, the flexibility to assimilate distributed energy resources (DER) and the impacts on the workforce, among many variables. This discussion necessarily requires considering the role of different technological innovations that are penetrating the electric system and its impacts on the utilities. We explore what are the utilities of the future and what are the alternative business models that may arise. Finally, we consider the interplay of the different technologies and the new challenges that these revolutions will bring to regulators.

Handbook Chapter

In Handbook of Energy Politics

Edited by Jennifer I. Considine

Published:: 25 May 2018

DOI:: https://doi.org/10.4337/9781784712303.00029

Collection: Social and Political Science 2018

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Bank regulation

Elgar original reference

Geoffrey Wood

Handbook Chapter

Cover Handbook of Critical Issues in Finance

In Handbook of Critical Issues in Finance

Edited by Jan Toporowski and Jo Michell

Published:: 31 October 2012

DOI:: https://doi.org/10.4337/9781849805957.00009

Collection: Economics 2012

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Governance, Finance and Employment Relations

Elgar original reference

Geoffrey Wood

Handbook Chapter

Cover Research Handbook on the Future of Work and Employment Relations

In Research Handbook on the Future of Work and Employment Relations

Edited by Keith Townsend and Adrian Wilkinson

Published in print:: 31 Aug 2011

DOI:: https://doi.org/10.4337/9780857936363.00023

Collection: Business 2011

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Employment Relations in South Africa and Mozambique

New Horizons in Management series

Geoffrey Wood

Handbook Chapter

Cover Research Handbook of Comparative Employment Relations

In Research Handbook of Comparative Employment Relations

Edited by Michael Barry and Adrian Wilkinson

Published in print:: 29 Jul 2011

DOI:: https://doi.org/10.4337/9780857936318.00020

Collection: Business 2011

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Stock Market Crashes

Geoffrey E. Wood

Monograph Chapter

Cover Economic Disasters of the Twentieth Century

In Economic Disasters of the Twentieth Century

Edited by Michael J. Oliver and Derek H. Aldcroft

Published in print:: 27 Mar 2007

DOI:: https://doi.org/10.4337/9781847205490.00012

Collection: Economics 2010 and before

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Financial Crises from 1803 to 2009: The Crescendo of Moral Hazard

Forrest Capie and Geoffrey Wood

Monograph Chapter

Cover The Financial Crisis and the Regulation of Finance

In The Financial Crisis and the Regulation of Finance

Edited by Christopher J. Green, Eric J. Pentecost and Tom Weyman-Jones

Published in print:: 29 Apr 2011

DOI:: https://doi.org/10.4337/9781849808712.00019

Collection: Economics 2011

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International Banking Crises

Elgar original reference

Alistair Milne and Geoffrey E. Wood

Handbook Chapter

In Handbook of International Banking

Edited by Andrew W. Mullineux and Victor Murinde

Published in print:: 26 Feb 2003

DOI:: https://doi.org/10.4337/9781843765646.00024

Collection: Economics 2010 and before

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Handbook of Institutional Approaches to International Business

Elgar original reference

Edited by Geoffrey Wood and Mehmet Demirbag

Expertly written by leading scholars from a range of different starting points, this compendium presents a synthesis of recent work relating to institutionally-informed accounts from transitional and emerging markets, as well as from mature economies. It specifically focuses on the linkage between institutions and what goes on inside firms, and the relationship between setting, strategic choice and systemic outcomes.

Handbook

Published in print:: 31 May 2012

DOI:: https://doi.org/10.4337/9781849807692

Collection: Business 2012

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Geoffrey Wood

Handbook Chapter

In Handbook of Emerging Market Multinational Corporations

Edited by Mehmet Demirbag and Attilia Yaprak

Geoffrey Wood

Monograph Chapter

In Recent Advances in the Analysis of Competition Policy and Regulation

Edited by Joseph E. Harrington Jr and Yannis Katsoulacos

Geoffrey Wood

Handbook Chapter

In Handbook of Energy Politics

Edited by Jennifer I. Considine

Geoffrey Wood

Handbook Chapter

In Handbook of Critical Issues in Finance

Edited by Jan Toporowski and Jo Michell

Geoffrey Wood

Handbook Chapter

In Research Handbook on the Future of Work and Employment Relations

Edited by Keith Townsend and Adrian Wilkinson

Geoffrey Wood

Handbook Chapter

In Research Handbook of Comparative Employment Relations

Edited by Michael Barry and Adrian Wilkinson

Geoffrey E. Wood

Monograph Chapter

In Economic Disasters of the Twentieth Century

Edited by Michael J. Oliver and Derek H. Aldcroft

Forrest Capie and Geoffrey Wood

Monograph Chapter

In The Financial Crisis and the Regulation of Finance

Edited by Christopher J. Green, Eric J. Pentecost and Tom Weyman-Jones

Alistair Milne and Geoffrey E. Wood

Handbook Chapter

In Handbook of International Banking

Edited by Andrew W. Mullineux and Victor Murinde

Edited by Geoffrey Wood and Mehmet Demirbag

Handbook

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