The installation of electricity Smart Meters (SM) brings about new opportunities for enhancing the interaction between consumers, generators and energy service providers. SM are needed to exert certain sets of actions upon consumers aimed at producing changes in the functioning of the system...

Smart meters (SM) may provide large benefits to all stakeholders by providing the information required to implement certain sets of demand response actions. Benefits produced by SM related actions depend on the features of these actions, the system and the targeted consumer group.

Several market failures, as well as other technical, economic and regulatory barriers to the market penetration of clean energy technologies result in under-investment of private innovators in RD&D. Therefore, public support is needed in order to induce innovations. Policy tools creating market...