At a time when cost benefit analysis (CBA) studies into smart meter deployment are being commissioned and conducted across various states throughout the CEE region, the 2013 Smart Utilities Central and Eastern Europe conference programme gives a timely update from the Joint Research Council (European Commission) on the key parameters that must be considered when planning such a costly investment.
Gianluca Fulli, Smart Electricity Systems and Interoperability Action Leader (European Commission), co-author of a recent report entitled ‘Guidelines for Cost Benefit Analysis of Smart Metering Deployment’ presents his expert views on this complex matter.
Drawing on the experience of various recent smart metering CBA studies conducted from across Europe, Mr. Fulli will give an overview of the essential parameters you should consider, including:
- A definition of boundary conditions, such as demand growth forecast, discount rate and local grid characteristics.
- An overview of implementation parameters, such as roll-out time and smart metering functionalities.
- Identification of costs and benefits.
- Sensitivity analysis of the CBA outcome to variations in key variables.
Click here to have a read of the full report
For the authors of the report, the importance of conducting a CBA into smart meter deployment is to consider not only direct benefits to grid performance and energy consumption & efficiency but also the wider societal and economic implications. In his talk, Mr. Fulli outlines these criteria with key examples used to illustrate his point.
If you are considering or already are committed to investing in smart meter deployment, attend this exclusive keynote speech and get the ideas and inspiration you need.
Don’t miss the best opportunity of 2013 to hear from Gianluca Fulli and a wealth of other senior level speakers on 14-15 May in Prague. If you book your pass before 15 March, you will SAVE €500!
I look forward to welcoming you to the event in Prague!