The value of local electricity - A choice experiment among German residential customers

Mengelkamp, Esther; Schönland, Thomas; Huber, Julian; Weinhardt, Christof

doi:10.1016/j.enpol.2019.04.008

Cited by 79 publications

(45 citation statements)

References 38 publications

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“…We found that consumers would rather purchase energy from prosumers in their city or region than from prosumers nationally or in their direct neighbourhood, no matter the level of consumption met. This is a similar finding to that of Gstrein [11] and Mengelkamp et al [12].…”

Section: Spatial Scale and Proportion Of Consumptionsupporting

confidence: 92%

“…In contrast to the previous study, their results showed that the younger the age of the participant, the more interest there was in participating. This was also found by Mengelkamp et al [12], along with the fact that larger households in Germany were more likely to participate in local energy markets. Our study aims to investigate these questions for the UK.…”

Section: Consumer Profilesupporting

confidence: 79%

“…The authors speculate that this is due to participant awareness of the group size needed for a functioning arrangement [11]. Another relevant study is the one by Mengelkamp et al [12] on German consumers' preferences with regards to the design of local energy markets (LEMs). A survey of 417 consumers across Germany and 239 in the Allgäu region showed that local electricity is less valued than regional electricity, although neither are seen as particularly valuable.…”

Section: Spatial Scale and Proportion Of Consumptionmentioning

confidence: 99%

“…Ecker et al [15] concluded in 2016, when surveying 253 German homeowners on the desirability of exchanging self-generated energy with neighbours, that an emphasis on energy independence (i.e., autarky) made consumers more likely to raise the price of their self-generated energy, resulting in less peer-to-peer energy trading. The study by Mengelkamp et al [12] found that data usage within local energy markets is of little importance to German consumers. While informative, these studies do not focus specifically on the characteristics of these arrangements' underlying technology.…”

Section: Technology Characteristics and Namementioning

confidence: 99%

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Consumer Demand for Blockchain-Enabled Peer-to-Peer Electricity Trading in the United Kingdom: An Online Survey Experiment

2019

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Peer-to-peer (P2P) energy trading could help address grid management challenges in a decentralizing electricity system, as well as provide other social and environmental benefits. Many existing and proposed trading schemes are enabled by blockchain, a distributed ledger technology (DLT) relying on cryptographic proof of ownership rather than human intermediaries to establish energy transactions. This study used an online survey experiment (n = 2064) to investigate how consumer demand for blockchain-enabled peer-to-peer energy trading schemes in the United Kingdom varies depending on how the consumer proposition is designed and communicated. The analysis provides some evidence of a preference for schemes offering to meet a higher proportion of participants' energy needs and for those operating at the city/region (as compared to national or neighbourhood) level. People were more likely to say they would participate when the scheme was framed as being run by their local council, followed by an energy supplier, community energy organization, and social media company. Anonymity was the most valued DLT characteristic and mentioning blockchain's association with Bitcoin led to a substantial decrease in intended uptake. We highlight a range of important questions and implications suggested by these findings for the introduction and operation of P2P trading schemes.

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Section: Spatial Scale and Proportion Of Consumptionsupporting

confidence: 92%

Section: Consumer Profilesupporting

confidence: 79%

Section: Spatial Scale and Proportion Of Consumptionmentioning

confidence: 99%

Section: Technology Characteristics and Namementioning

confidence: 99%

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Consumer Demand for Blockchain-Enabled Peer-to-Peer Electricity Trading in the United Kingdom: An Online Survey Experiment

2019

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“…The different interfaces have a high impact on local market prices and volumes and accordingly on the WSM. Surveys have further shown that part of residential customers show a higher willingness to pay for regional energy, whereas other customers use LEMs for economic optimization [3], [4]. Therefore, different forms of LEM designs and regulations are possible and need to be considered to estimate the impact of LEMs on WSMs.…”

Section: Introductionmentioning

confidence: 99%

Bottom-up Modeling of Local Energy Markets within a Pan-European Wholesale Electricity Market Model

Schmitt¹,

Samaan²,

Schwaeppe³

et al. 2020

Preprint

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The energy system decarbonization and decentralization<br>require coordination schemes for distributed generators<br>and flexibilities. One coordination approach is local energy markets for trading energy among local producers and consumers. The resulting local coordination leads to the questions of how the interaction between local and wholesale markets will be designed and of how the introduction of local energy markets influences the wholesale market system. Therefore, this paper proposes a bottom-up modeling method for local markets within a pan- European wholesale market model. Furthermore, an aggregation-disaggregation method for local markets is developed to reduce computational effort. A case study for local markets in Germany shows the computational advantages of the aggregation-disaggregation method. Preliminary results indicate the impact of different interaction designs between local and wholesale markets on the wholesale market and show the need for further research.

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Needs and Barriers for Local Energy Market Solutions

Honkapuro

Mendes

Annala

et al. 2021

Encyclopedia of Sustainable Management

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The value of local electricity - A choice experiment among German residential customers

Cited by 79 publications

References 38 publications

Consumer Demand for Blockchain-Enabled Peer-to-Peer Electricity Trading in the United Kingdom: An Online Survey Experiment

Consumer Demand for Blockchain-Enabled Peer-to-Peer Electricity Trading in the United Kingdom: An Online Survey Experiment

Bottom-up Modeling of Local Energy Markets within a Pan-European Wholesale Electricity Market Model

Needs and Barriers for Local Energy Market Solutions

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