Smart (Electricity) Grids for Smart Cities: Assessing Roles and Societal Impacts

Smart energy and electricity networks are a crucial component in building smart city architectures; their consistent and harmonized inclusion in the smart city design should be carefully considered through a detailed analysis of the impacts (environmental, energy, economic, societal) and the implementation of cost benefit analysis (CBA), not only in terms of managing the grid itself but also in a wider perspective that includes environmental, security, and social aspects. This paper first discusses the main impact that smart grid deployment has, in different respects, in smart cities and then presents a methodology for an extended CBA, able to go beyond the strictly financial aspects. It is based on previous developments at the European level. The methodology conceptually illustrated can naturally be extended to the assessment of proposals for the development of smart cities.