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Peer-to-peer energy platforms: Incentives for prosuming

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  • Cortade, Thomas
  • Poudou, Jean-Christophe

Abstract

We analyse how new models of peer-to-peer exchange in the electricity sector may be effective and could yield incentives to invest in decentralized domestic production units based on renewable energy sources. We model a local exchange system for electricity, designed as a dealing platform, which determines purchase and selling prices on a continuous time basis. This allows us to question the participation of prosumers in peer-to-peer energy exchanges and their willingness to invest in local energy production. Compared to a no-platform configuration, we show that a pure dealing welfare maximizing platform creates at least as much incentive to install domestic production units. Then we challenge this main result considering several relevant features for peer-to-peer energy exchange.

Suggested Citation

  • Cortade, Thomas & Poudou, Jean-Christophe, 2022. "Peer-to-peer energy platforms: Incentives for prosuming," Energy Economics, Elsevier, vol. 109(C).
    • Handle: RePEc:eee:eneeco:v:109:y:2022:i:c:s0140988322001049
    DOI: 10.1016/j.eneco.2022.105924
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    Cited by:

    1. Qin, Meng & Zhang, Xiaojing & Li, Yameng & Badarcea, Roxana Maria, 2023. "Blockchain market and green finance: The enablers of carbon neutrality in China," Energy Economics, Elsevier, vol. 118(C).
    2. Barbara Antonioli Mantegazzini & C?dric Clastres & Laura Wangen, 2022. "Energy communities in Europe: An overview of issues and regulatory and economic solutions," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2022(2), pages 5-23.
    3. Axel Gautier & Julien Jacqmin & Jean-Christophe Poudou, 2023. "The Energy Community and the Grid," Working Papers hal-04032253, HAL.

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    More about this item

    Keywords

    Peer-to-peer; Electricity; Trading platform; Renewables;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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