Peer-to-peer energy platforms: Incentives for prosuming

We analyse how new models of peer-to-peer exchange in the electricity sector may be effective and couldyield incentives to invest in decentralized domestic production units based on renewable energy sources. Wemodel a local exchange system for electricity, designed as a dealing platform, which determines purchase andselling 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-platformconfiguration, we show that a pure dealing welfare maximizing platform creates at least as much incentive toinstall domestic production units. Then we challenge this main result considering several relevant features forpeer-to-peer energy exchange

Automated summary

This article analyzes how new models of peer-to-peer exchange in the electricity sector can be effective and provide incentives to invest in decentralized domestic production units based on renewable energy sources. By modeling a local exchange system for electricity as a dealing platform, the study shows that such platforms can encourage prosumers to participate in energy exchanges and invest in local energy production. Compared to a no-platform configuration, a pure dealing welfare maximizing platform creates at least the same incentives to install domestic production units.