IEEE Power & Energy Magazine - January/February 2015 - 50

An appropriate governance model is fundamental
for the realization and operation of any grid architecture
identified by this project.
As a starting point, the best practices from existing transnational infrastructure governance models will be investigated
to evaluate their applicability to the e-Highway2050. A list of
11 existing governance models has therefore been analyzed,
containing both EU (e.g., Germany, the Nordic countries) and
non-EU (e.g., Brazil, the United States) electricity experiences
along with nonelectricity models (e.g., gas and aviation).
Governance
After a brief analysis of these models, a pragmatic methAn appropriate governance model is fundamental for the realization and operation of any grid architecture identified by this odology is applied to retain the most promising elements of
project. Already today the regulatory framework is seen as one each model.
Once these elements have been identified (whether they
of the driving factors for the necessary grid developments.
Five main topics determine the boundaries of a target all related to one of the 11 existing models or are a combination of several models), further detailed analysis will invesgovernance model in this project:
tigate applicability to the e-Highway2050 grid architectures
✔✔ ownership
so as to determine a final target governance model for each
✔✔ design
best-performing grid architecture for each scenario. Target
✔✔ financing
governance models may ultimately have common features
✔✔ technical and market operation of the grid
in some grid architectures and for different scenarios.
✔✔ cost allocation.
Once these ideal governance models are known, a gap analFor each of these topics, specific recommendations will
be made for each of the best-performing grid architectures ysis will be performed with respect to the current EU state of
affairs. For each of the five topics mentioned above, the target
for each scenario.
for 2050 will be compared with the
actual situation in the EU, taking
into consideration the main principles for future regulation (e.g., grid
codes). Once the differences are
Consumer
Associations
identified, policy recommendations
will be formulated to aid progress
Distribution System
Gas Network
from the current situation toward
Operators
Operators
the target determined for 2050.
As a final step, the modular
Transmission
approach,
which is inherent in
System
Equipment
Energy Generators
the
e-Highway2050
project, will
Operators
Manufacturers
and Retailers
also be applied to the governance
models. Starting with the target
determined for 2050, intermediate
Policy
Regulatory
Nongovernmental
Renewable Energy
Makers
targets for 2030 and 2040 will be
Bodies
Organisations
Associations
formulated. This will result in a
road map, describing which steps
should be achieved by when to stay
Energy Environment
R&D Performers
on track to reach target governance
Agencies
models in 2050. These intermediate steps will be accompanied by
Financial
Institutions
policy recommendations, to provide policy makers with the necessary tools for promoting a healthy
evolution toward 2050.
that algebraically adds up all monetized benefits and costs to
assess the best technical and economic upgrade architecture
for each scenario, whereas sensitivity parameters are left apart
and highlighted to the decision maker as extra elements available to help make a more in-depth, reasoned choice.

figure 15. The stakeholder groups.

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january/february 2015

Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - January/February 2015