Sources of risk and uncertainty in UK smart grid deployment: an expert stakeholder analysis

Abstract

The shift to increasingly smarter grids will require preparation and planning on the part of a diverse selection of current and future stakeholders. There are substantive sources of uncertainty that will impact on the adoption of smarter grid solutions. Risks and uncertainties are placed in one of seven categories: markets, users, data and information, supply mix, policy, investment conditions, and networks. Each of these has the potential to add risk to the planning profiles of the stakeholders involved. Here, UK stakeholders drawn from industry, government, regulators, and academia are canvassed about potential sources of uncertainty within the UK’s electricity sector and the attendant risks that might be engendered by them.