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Peer-to-peer energy platforms: Incentives for prosuming

Thomas Cortade and Jean-Christophe Poudou

Energy Economics, 2022, vol. 109, issue C

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.

Keywords: Peer-to-peer; Electricity; Trading platform; Renewables (search for similar items in EconPapers)
JEL-codes: L14 L81 L94 Q4 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:109:y:2022:i:c:s0140988322001049

DOI: 10.1016/j.eneco.2022.105924

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Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

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