TY - GEN
T1 - Modeling Smart Grid adoption via a social network model
AU - Cassidy, Alex
AU - Nehorai, Arye
N1 - Publisher Copyright:
© 2014 IEEE.
PY - 2014/10/29
Y1 - 2014/10/29
N2 - Smart Grid Technologies are poised to radically transform the way energy is used. Analyses of the workings of smart grid and its effects have been investigated in numerous existing works. Adoption of smart grid, however, has not been. Modeling this adoption poses problems not found in other work on technology adoption, since the behaviors of individual users can affect other users in complex ways. This contrasts with earlier work, where effects between users tend to be strictly positive or strictly negative. In this paper, we introduce a model of smart grid adoption based on social networks. Our model is highly modular and therefore is well-suited to study the effects of each component. We find that for widespread adoption of smart grid demand response technology, utility companies should educate the populace about smart grid, make sure they are releasing it into connected communities, and should not sell non-smart-grid electricity too cheaply.
AB - Smart Grid Technologies are poised to radically transform the way energy is used. Analyses of the workings of smart grid and its effects have been investigated in numerous existing works. Adoption of smart grid, however, has not been. Modeling this adoption poses problems not found in other work on technology adoption, since the behaviors of individual users can affect other users in complex ways. This contrasts with earlier work, where effects between users tend to be strictly positive or strictly negative. In this paper, we introduce a model of smart grid adoption based on social networks. Our model is highly modular and therefore is well-suited to study the effects of each component. We find that for widespread adoption of smart grid demand response technology, utility companies should educate the populace about smart grid, make sure they are releasing it into connected communities, and should not sell non-smart-grid electricity too cheaply.
KW - Network Theory
KW - Power Grids
KW - Smart Grids
KW - Social Network Services
UR - http://www.scopus.com/inward/record.url?scp=84930989254&partnerID=8YFLogxK
U2 - 10.1109/PESGM.2014.6938910
DO - 10.1109/PESGM.2014.6938910
M3 - Conference contribution
AN - SCOPUS:84930989254
T3 - IEEE Power and Energy Society General Meeting
BT - 2014 IEEE PES General Meeting / Conference and Exposition
PB - IEEE Computer Society
T2 - 2014 IEEE Power and Energy Society General Meeting
Y2 - 27 July 2014 through 31 July 2014
ER -