Abstract
As traditional power grids are transformed with the concept of the smart grid (SG), it is imperative for companies and governments to develop standard roadmaps on their path to support SG transformations. While there are different approaches to assess SG projects, there is limited interest at assessment of SG elements beyond cost factors. We adopted a design science research method to develop an assessment framework based on three components: the Smart Grid Architecture Model (SGAM) as the reference model, the adapted Bedell’s method as the assessment method and a Decision Support System to perform assessments. We evaluated our framework in a real world case study within a blockchain-inspired European project. The new assessment framework is useful to determine the strategic value of SG projects in terms of their importance and effectiveness. The framework offers a holistic valuation that may help energy companies to tackle challenges other than economic issues such as energy efficiency and CO2 emissions.
Recommended Citation
Razo-Zapata, Iv√°n S.; Shrestha, Anup; and Proper, Erik, "An Assessment Framework to Determine the Strategic Value of IT Architectures in Smart Grids" (2017). ACIS 2017 Proceedings. 110.
https://aisel.aisnet.org/acis2017/110