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Introduction

  • Eli M. Noam
  • Lorenzo Maria Pupillo
  • Johann J. Kranz
Chapter

Abstract

For a long time, the electric energy industry was characterized by high market concentration, strong vertical integration, modest R&D expenditures, and low adoption rates of information and communications technologies (ICT). However, several factors have triggered substantial changes: liberalization, the scarcity of fossil resources, and environmental concerns. The signs of change are everywhere. Electricity is increasingly being generated by intermittent—and often distributed—renewable energy sources (RES); plug-in hybrid electric vehicles will serve as mobile energy storage facilities and provide balancing power; and people will share electricity peer-to-peer on web-based marketplaces; generation will no longer be determined by demand, rather demand will adjust itself to the current availability of electricity (Rifkin 2009).

Keywords

Smart Grid Broadband Network Federal Energy Regulatory Commission Smart Grid Application Digital Agendum 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. ENSG (2009) Electricity Networks Strategy Group—A Smart Grid Vision.http://www.ensg.gov.uk/assets/ensg_smart_grid_wg_smart_grid_vision_final_issue_1.pdf
  2. Rifkin J (2009) Leading the Way to the Third Industrial Revolution and a New Social Europe in the 21st Century.http://www.foet.org/packet/European.pdf
  3. Watson RT, Boudreau MC, Chen AJW (2010) Information systems and environmentally sustainable development: energy informatics and new directions for the IS community. MIS Quarterly 34(1):23–38Google Scholar

Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  • Eli M. Noam
    • 1
  • Lorenzo Maria Pupillo
    • 2
  • Johann J. Kranz
    • 3
  1. 1.Columbia Institute for Tele-Information, Columbia Business SchoolNew YorkUSA
  2. 2.Telecom ItaliaRomaItaly
  3. 3.Georg-August-University GoettingenGoettingenGermany

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