An analysis of factors enhancing adoption of smart metering platforms: An agent-based modeling approach

In the paper the agent-based model has been used to show what internal and external factors enhance the adoption of smart metering (SM) platforms - devices accompanying installation of smart meters at households. Within this modelling approach the concept of reservation prices has been implemented. The model shows how individual evaluation of the non-financial cost-benefit analysis, word-of-mouth (WOM) and mass-media advertisement influence the opinion formation of the agents and their further behaviors towards using of SM platforms. These findings can be valuable for the distributers of SM platforms as well as other enabling technologies.