Lynne Kiesling
Purdue University



(Friday, 24th May 2019)

Title : Innovation and Regulation in Energy: Institutions and Transaction Costs

  • History of electricity technology and industrial organization
  • Economic, political, and technological origins of economic regulation
  • How technology affects the institutional framework -- regulatory Institutions and utility business models
  • Digital innovation, smart grid, and digitalization in energy -- transactive energy
  • A transaction cost model of a retail market platform
  • Implications for regulatory Institutions