Competition
Radical Innovation in the Electricity Sector
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In June 2017 the OECD held a discussion to explore possible implications for competition agencies from innovations such as: Peer-to-Peer (P2P) electricity trading between consumers; electricity service companies (ESCOs, or multi-utility service companies, MUSCOs) that sell energy not by the KWh but as a service (e.g. lighting) which they seek to make energy efficient to reduce costs; third party demand aggregators that sell demand-side responses to grid operators in exchange for discounts for their customers; and transmission operators investing in creating ‘super-grids’. The discussion looked at whether regulation is keeping pace with change, and, what the impact on the activities of competition agencies might be. All related presentations and papers can be found on this page.
SEE ALSO |
Innovation in the electricity sector is beginning to challenge traditional business models of providing households with electricity.
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