This chapter describes and characterizes smart grid, an elusive term that perhaps defies precise definition. This definitional challenge is approached not by describing the technologies that smart grid encompasses, but by describing the desired attributes. Regulators should oppose smart grid because it is necessarily inequitable, but that there are important equity concerns that need to be addressed. Each particular smart grid strategy and plan proposed by a utility must be carefully assessed not only for the plan's asserted benefits and costs but also for the distribution of these benefits and costs under different equity lenses. Regulators should not rely upon generic cost-benefit studies of smart grid, particularly when those studies concede that they are not rigorous or complete and do not account for all of the associated costs. This is not to suggest a wide-ranging and never-ending investigation into fundamental philosophical questions about social justice.
|Title of host publication||Smart Grid|
|Number of pages||16|
|Publication status||Published - Dec 1 2012|
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