EconPapers    
Economics at your fingertips  
 

Residential vs. community battery storage systems – Consumer preferences in Germany

Bernhard J. Kalkbrenner

Energy Policy, 2019, vol. 129, issue C, 1355-1363

Abstract: Battery storage systems can balance the intermittency of renewable energy sources. Lithium-ion systems exhibit a declining price trajectory alongside a growing demand. However, little is known about consumer preferences and appropriate business models for storage systems. This paper presents an analysis of German adopters of a photovoltaic system (n = 752) and interested non-adopters (n = 84) to investigate their preferences for lithium-ion storage systems. In a choice experiment respondents had to choose among different system configurations. Respondents preferred choosing none of the presented systems over choosing a system. Potential for the residential and community storage concept with joint usage is found. High levels of autarky have a high utility. Consumers favor ownership over use rights and are willing to give up control to provide services for the grid. Market opportunities for cooperatives, regional power providers, and new market entrants exist. The study can assist in creating customer-focused business models and implementing multi-purpose use cases with value for different actors in the energy system.

Keywords: Autarky; Battery; Community energy; Choice analysis; Energy storage; Renewable energy (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421519302149
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:129:y:2019:i:c:p:1355-1363

DOI: 10.1016/j.enpol.2019.03.041

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:enepol:v:129:y:2019:i:c:p:1355-1363