Version 1
: Received: 11 August 2020 / Approved: 11 August 2020 / Online: 11 August 2020 (10:22:37 CEST)
Version 2
: Received: 29 April 2021 / Approved: 14 May 2021 / Online: 14 May 2021 (09:57:09 CEST)
Alexandra Schneiders, Michael J. Fell & Colin Nolden (2022) Peer-to-peer electricity trading and the sharing economy: social, markets and regulatory perspectives, Energy Sources, Part B: Economics, Planning, and Policy, DOI: 10.1080/15567249.2022.2050849
Alexandra Schneiders, Michael J. Fell & Colin Nolden (2022) Peer-to-peer electricity trading and the sharing economy: social, markets and regulatory perspectives, Energy Sources, Part B: Economics, Planning, and Policy, DOI: 10.1080/15567249.2022.2050849
Alexandra Schneiders, Michael J. Fell & Colin Nolden (2022) Peer-to-peer electricity trading and the sharing economy: social, markets and regulatory perspectives, Energy Sources, Part B: Economics, Planning, and Policy, DOI: 10.1080/15567249.2022.2050849
Alexandra Schneiders, Michael J. Fell & Colin Nolden (2022) Peer-to-peer electricity trading and the sharing economy: social, markets and regulatory perspectives, Energy Sources, Part B: Economics, Planning, and Policy, DOI: 10.1080/15567249.2022.2050849
Abstract
Peer-to-peer (P2P) energy trading is a new data-driven business model currently being trialed within the energy sector. Introducing P2P transactions to an essential service such as energy could have far-reaching implications for individuals and the grid. This paper raises considerations and questions from social, economic/markets and regulatory points of view, that should be understood and addressed by societies and policymakers. It does this by considering under what circumstances it is reasonable to conceptualize P2P energy trading as part of the sharing economy, and drawing parallels to the sharing economy experience in other sectors. In order to reap the full societal benefits, while avoiding considerable risks to infrastructure and individuals, a policy approach promoting dialogue and innovation is necessary. We suggest the regulatory sandbox is the most appropriate tool to achieve this and would help avoid the breakdown of trust between policymakers and platform companies observed in other sectors.
Keywords
peer-to-peer energy trading; P2P; sharing economy; collaborative economy
Subject
Engineering, Energy and Fuel Technology
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Commenter: Mike Fell
Commenter's Conflict of Interests: Author