Presentation @ Turin School of Regulation, Italy
5 September 2019
by Jean-Michel Glachant
Loyola de Palacio Chair Prof.
& Director Florence School of Regulation
European University Institute (Florence, Italy)
Webinar 3 | May-16 | Energy entrepreneurs: Business models for off-grid energ...Smart Villages
By Karl Kolmsee
"Business models for off-grid energy remain one of the most fascinating–and challenging–topics, particularly for entrepreneurs working in the developing world.
In this webinar, we will hear from several entrepreneurs who each have a unique approach to building a business while also making a social impact in India, East and West Africa, and South America. From energising clinics and schools to providing last mile micro-finance to creating hydro power and irrigation in remote communities, each speaker will tell a compelling story about their company’s business model. What has worked? And what hasn’t?
Our webinar series is a little different: each expert will speak for less than 10 minutes and will focus on their on-the-ground experience using photos to tell their story."
SEMANCO Workshop: Analysing and Visualising energy related data in our buildings, towns, and cities.
http://semanco-visualization-workshop.blogspot.com.es/
La Salle Campus Barcelona, Spain, 11-12 April 2013.
This presentation covers some of the main aspects of the current smart city discussions: definitions, market drivers, analyses and trends as well as best practice examples of what the concept of smart city means in practice. It examines the importance of using data and software to improve and optimise infrastructure (including lighting) performance. It also gives an overview of barriers and obstacles to smart city deployment, and offer some resources and links for further reading.
Talk by David Gillingham, GE Lighting
Every technology goes through a number of transformations during its lifetime. And this is true for the humble lamppost. In Europe there are some 60-90 million of them lining the streets of our cities. And more than 75% of them are 25 years or older. Now is their time: doing more with this modest city asset to ‘bootstrap’ smart city services presents a real and rapid opportunity. What then needs to be done?
Talk by Jason Warwick, UrbanDNA
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A walking tour of Barcelona that looks at some of the ways the city is using smartcity technologies to improve the lives of its citizens, reinvigorate industry and reduce the cost of government with the Internet of Things (IoT).
An Energy Blockchain Retrospective: Is Blockchain Delivering on Promises from...Jill Kirkpatrick
EWF will provide a look at the past, present and future of energy blockchain, covering the evolution of investment activity, key use cases and early findings on the real opportunity blockchain technology holds for unlocking significant value for energy players.
Webinar 3 | May-16 | Energy entrepreneurs: Business models for off-grid energ...Smart Villages
By Karl Kolmsee
"Business models for off-grid energy remain one of the most fascinating–and challenging–topics, particularly for entrepreneurs working in the developing world.
In this webinar, we will hear from several entrepreneurs who each have a unique approach to building a business while also making a social impact in India, East and West Africa, and South America. From energising clinics and schools to providing last mile micro-finance to creating hydro power and irrigation in remote communities, each speaker will tell a compelling story about their company’s business model. What has worked? And what hasn’t?
Our webinar series is a little different: each expert will speak for less than 10 minutes and will focus on their on-the-ground experience using photos to tell their story."
SEMANCO Workshop: Analysing and Visualising energy related data in our buildings, towns, and cities.
http://semanco-visualization-workshop.blogspot.com.es/
La Salle Campus Barcelona, Spain, 11-12 April 2013.
This presentation covers some of the main aspects of the current smart city discussions: definitions, market drivers, analyses and trends as well as best practice examples of what the concept of smart city means in practice. It examines the importance of using data and software to improve and optimise infrastructure (including lighting) performance. It also gives an overview of barriers and obstacles to smart city deployment, and offer some resources and links for further reading.
Talk by David Gillingham, GE Lighting
Every technology goes through a number of transformations during its lifetime. And this is true for the humble lamppost. In Europe there are some 60-90 million of them lining the streets of our cities. And more than 75% of them are 25 years or older. Now is their time: doing more with this modest city asset to ‘bootstrap’ smart city services presents a real and rapid opportunity. What then needs to be done?
Talk by Jason Warwick, UrbanDNA
A Geek's Smart City Tour of Barcelona: How the IoT can help townsPaul Wallbank
A walking tour of Barcelona that looks at some of the ways the city is using smartcity technologies to improve the lives of its citizens, reinvigorate industry and reduce the cost of government with the Internet of Things (IoT).
An Energy Blockchain Retrospective: Is Blockchain Delivering on Promises from...Jill Kirkpatrick
EWF will provide a look at the past, present and future of energy blockchain, covering the evolution of investment activity, key use cases and early findings on the real opportunity blockchain technology holds for unlocking significant value for energy players.
Introducing the Global Observatory on Peer-to-Peer, Community Self-Consumpti...Leonardo ENERGY
Launched in September 2019, the Global Observatory is a three-year collaborative research project led by University College London (UCL) under the User-Centred Energy Systems Technical Collaboration Programme by the International Energy Agency (IEA). It represents a forum for international collaboration to understand the policy, regulatory, social and technological conditions necessary to support the wider deployment of peer-to-peer, community self-consumption and transactive energy models. It includes 130 participants from 10+ countries, representing a range of sectors (academia, industry, non-profits) and currently working on the researching and implementation of these new business models. To learn more, please visit: https://userstcp.org/annex/peer-to-peer-energy-trading/.
A Review of Competition Policy for the Digital Era (Cremer et al Report)Nicolas Petit
This slide presentation reviews the much awaited 2019 report "Competition Policy for the Digital Era" written by Jacques Crémer, Yves de Montjoye and Heike Schweitzer. The report sets out a rich list of options for future EU competition policy in the digital sector. Given the close involvement of DG COMP in the fact finding process, it is likely that the report will make impact in decision making circles. This presentation critically reviews the main suggestions of the report, and tries to identify those items that are most likely to inform future EU competition policy evolutions.
Open Protocols (on blockchain) are a new class of scalable constructs that offer an open alternative to the traditional Valley startup centered paradigm. These fully open source protocols typically have flexible development structure, scale globally, and are community funded and governed.
In the next decade or so, we may witness waves of disruption and migration from the classic Internet model — proprietary IP, ads / freemium, user data lock in — to the new open protocol model, spanning across many industries, starting with finance, sharing economy, marketplaces, and IoT."
This talk will explore the advantages and limitations of Open Protocols, launch strategies, as well as nuanced legal aspects.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
1. Regulation: lessons learnt
(1840-2040)
Turin School of Regulation
5 September 2019
Jean-Michel Glachant
Loyola de Palacio Chair Prof.
& Director Florence School of Regulation
European University Institute (Florence, Italy)
5. Regulation: a Lego to play…
• 1- Old roots & bones: From infrastructures to Public Service
“GrandPa”
1- Old roots & bones are “EU 1840 infrastructure monopoly” (or “US
1877 essential facility”)
2- > But real flesh is “Universal mass market services” framed by
“Political economy”
• 2- New wine in old bottle: Double unbundling + incentive
regulation
1- Unbundling “Infrastructure facility” from “final services”
2- Unbundling “Regulation” from “Political economy”
3- > Then you can go to “Incentive Regulation”, face its “seams”
5
6. Regulation: a Lego to play…
• 3- New bottle for new wine: Coordinating the unbundled + Designing the
market
1- Rules for Infrastructures interact with “final services market” via “system
operation”
2- “System operation neutrality” is “market design” sensitive
3- > Revenge of Ronald Coase: markets need market infrastructures; transaction
<calls for> coordination
• 4- Schumpeterian wave Decentraliz.+ Digitaliz.?: New needs of coordination
+ New tools of coordination > “innovation + new Governance” to lead?
(Regulators + Indus.Modularity + PioneerEntrepreneurs + UsersComm) > spread
into 5 worlds?
1-Forums ~2-Innovation Zoos (Sandboxes) ~3-Communities ~4-Platforms ~5-
Outlaw Territories6
7. 1- Old roots & hard bones …
From infrastructures to Public Service “GrandPa”
1- Old roots & hard bones are “infrastructure monopolies”
(“essential facilities”)
# Monopoly of essential facility: a bridge on a river (1840)
# Utility for society is usage, then pricing. Monopoly price is not
good for society.
# Society will price monopoly: fair price for owner & fair price for
users.
Average Price? Marginal Price? Fixed costs?
7
8. 1- Old roots & hard bones …
From infrastructures to Public Service “GrandPa”
2- But real flesh is “Universal mass market”, framed by “Political economy”
~Investments: Where to put bridges? > Everywhere > Universal Service
~Price discrimination: How to discriminate?> Why to? > Postal Stamp
~Quality of service: How to discriminate?> Why to? > Quality Standard
~>~Technology choice & innovation: Within Universal Service & Postal Stamp?
~>~Postal stamp is average pricing> Affordability > Add Social tariffs
3- Regimes for Universal Mass Markets
Either (LOW equilibrium) Universal Public Service + private sector [Typical for
Health & Education]
Or (Differentiated Three tier Service & Tariff) [Typical old TV chains or radios]
= Basic (or) Advanced (or) Premium8
9. 2- New wine in old bottle…
(Double unbundling + incentive regulation) substitute to Public
Service Grandpa
1- Unbundling of “Infrastructure facility”, from “final services”
Infrastructures to be regulated > Final services to go to markets
(B2B) or (B2C = Retail)
2- Unbundling of “Regulation”, from “Political economy”
To regulate “industry unbundling” you need a (Regulator)
unbundled from (Grandpa Political economy) >> Independence of
regulator
Like a judge, the indep. regulator tells the “Society Common Good”
directly from her civil servant chair
10. 2- New wine in old bottle…
Double unbundling + incentive regulation > substitute to Public service Grandpa
3- Then you can go to “incentive regulation”
It offers 5 tools: ROR - Price Cap - Perf. Based Reg - Menu of
contracts - Yardstick Competition
>> Incentive regulation is “Modular Regulation”; which the best?
4- And face the “seams”: Incentive regulation has seams - think EU,
US “Internal” market, in multi-level institutional frame
# Regulators seams: statute rights (“able” to; “willing” to) +
resources (skills & experience)
# TSOs seams: TSOs have 9 tasks to perform & are influenced by 7
differentiation factors
11. 11
Alignment of the regulatory tools with the
regulator’s abilities. Source: Glachant et al.
(2013), p. 275.
12. 12
Decision tree to align tasks, regulatory
tools and regulator’s capabilities. Based
on: Glachant et al. (2013), p. 283.
13. TSO’s many tasks
• Hardware: Transm.Own
- Connection of users
- Maintenance of assets
- Investment: Assets&Tgy
• Software: Syst.Op
- Balancing (Freq/Power)
- Congestion Manag.
- InfoSyst: Data &Analysis
- Coordin. with TSOs
- Coordin. with DSOs
- Coordin. with Mark.Ops
13
18. 3- New bottle for new wine…
Coordinating the unbundled industry
… Then… Designing the market
1- Rules for Infrastructures interact <> with “final services market”
>> via “system operation”
18
19. 19
What’s “Essential
facility / Final service”
coordination issue?
My hotel room in
Australia: Access is
not only pricing
>Transaction Costs
Lovely Aussie
plugs… seen by a
continental EU visitor
20. 3- New bottle for new wine…
Coordinating the unbundled industry… Then… Designing the market
1- Rules for Infrastructures interact with “final services market” via “system
operation”
It’s a sequence:
Given the Infrastructures assets & used technology
The chosen System Operation rules
Interact with Final Services (production or delivery)
This questions the Market rules: that we call therefore Market Design
In fact > Infrastructure operation is “bundled” with Market operation
O. Williamson: Integration via Contracts substitutes to Vertical integration;
think LT contracts Gas Upstream / Downstream
20
21. 3- New bottle for new wine…
Coordinating the unbundled industry… Then… Designing the market
2- “System operation neutrality” is “market design” sensitive
3- Revenge of Ronald Coase: markets need their market infrastructures
These market infrastructures interact with infrastructure operation via system
operation
Electricity trade transaction <> Electricity system coordination
Hard fact; any Comprehensive “Electricity Transaction” is made of:
1- Trading Energy “day-Ahead” in wholesale market
2- Looking if grid can deliver Energy Equilibrium > Network Capacity, congestion
3- Keeping Energy balanced “Real Time”> balancing with Power Reserve
“Real” electricity transaction is made of 3 goods: Energy, Power, Network.
“Energy only” is only an “incomplete market”, not self-sufficient
21
22. 4- Schumpeterian wave Digitiz.Decentriz.?
Innovation wave: Digitiz (new info & control tools) + Decentraliz (new decision
process for invest & operation) > Market Design & Coordination move again
1/ (Digitalization as Massive & Individual data processing)
+ (Decentralization of invest & operation – think “Sharing Economy”)
brings “Internet & Smart Tools” inside Electricity world as 4th Industrial revolution
> “Transactive Energy”
You don’t believe it? El. Vehicles; self-driven cars
2/ More Decentralization creates more Industry Unbundling
And a more “modular” elec. Industry
Which immediately spreads into more “modular” Market Design(s)
>> Electricity industry already has local “trade platforms” (Uber or Lyft ) for
particular local products (see Piclo company in UK)
22
23. 4- Schumpeterian wave Digitiz.Decentriz.?
Innovation wave: Digitiz (new info & control tools) + Decentraliz (new decision
process for invest & operation) > Market Design & Coordination move again
3/ The 4th Indus Revolution “Digitiz + Decentraliz” accelerates need to change:
# More micro modularity of industry
Say > “Renewable Energy”, and “Prosumers”
# More modularity of “Market Designs”
Say > New Intermediaries as Aggregators; alternative intermediation as
Platforms; or even “automated direct trade” as Blockchains; etc.
# It opens new “Users Modularity”, another new world for Governance
Say > “Peer-to-Peer” (individuals TO individuals; calling for new coordination)
vs “Community” (fully self-organized grouping of voluntary individuals)
23
24. 4- Schumpeter wave Digitiz.Decentriz.?
Governance “innovation / regulation” to lead?
4/ New worlds for Industry, Markets, Coordination, Regulation, Governance
Already 5 competing areas:
~1- Forums Open general debate for new system-wide coordination rules
~2- Innovation Zoos “Sandboxes” for particularly advanced innovators, being
put outside common regulation
~3- Communities “Users Clubs” : self-regulated territories behind closed doors
~4- Platforms “Plug&Play” new trade infrastructures designed for new products
~5- OutLaws “Behind-The-Meter”= Outside energy sector regulation. As “Device
Fleet management” applied to smart: cars, appliances, buildings (California
ZNC). Will end up into another enormous new world: “Internet of Things”
~6- Big e-Sisters “At the Gate” = Google, Apple, Amazon, etc. creating “Re-
Integrated” alternative resorts. Irony is they can offer sort of: universal access;
“postal stamp” or “Social tariff” as basic services for free
24
25. How to conclude such amount of novelties?
#Is GrandPa so dead? # To see-smell corpses in 2024?
25
26. www.florence-school.eu 26
Thank you for your attention
Email contact: jean-michel.glachant@eui.eu
Follow me on Twitter: @JMGlachant near to 55,000 tweets
My web site: http://www.florence-school.eu