Coherence of institutions and technology in the innovation of electricity networks

Abstract

Advantages of liberalizing network sectors such as telecom, railway and electricity are said to be found in lower consumer prices, and more innovation in the sector. We assess the factors to innovation in the Dutch electricity sector with multiple interviews and a survey. One of the main conclusions is that in the institutional realm many factors are hampering and stimulating innovation. There is a lack of coherence of some current institutions and technological innovation. In order to improve innovation some important institutions should be altered or adapted.