Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia

© 2020 Elsevier Ltd Peer-to-peer (P2P) electricity markets have attracted significant attention as a promising model enabling the integration of distributed energy sources by creating consumer-based electricity markets. Despite the significance of users in this model, knowledge is still lacking...

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Main Authors: Wilkinson, Sam, Hojckova, K., Campbell, Christine, Morrison, Greg, Sandén, B.
Format: Journal Article
Published: 2020
Online Access:http://hdl.handle.net/20.500.11937/79284
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author Wilkinson, Sam
Hojckova, K.
Campbell, Christine
Morrison, Greg
Sandén, B.
author_facet Wilkinson, Sam
Hojckova, K.
Campbell, Christine
Morrison, Greg
Sandén, B.
author_sort Wilkinson, Sam
building Curtin Institutional Repository
collection Online Access
description © 2020 Elsevier Ltd Peer-to-peer (P2P) electricity markets have attracted significant attention as a promising model enabling the integration of distributed energy sources by creating consumer-based electricity markets. Despite the significance of users in this model, knowledge is still lacking as to who the users interested in P2P electricity markets are and what role they can play in building them. We aim to fill this knowledge gap by providing evidence from the first real-world trial of a P2P electricity market facilitated by blockchain technology across a regulated electricity network. We apply sustainability transition and innovation thinking to analyse the trial participants as users shaping the P2P-related innovation process. Supported by our empirical results, we found that users joined the P2P market trial to learn and co-create the future of prosumer-centred electricity markets. We also found that if P2P is to enter the mainstream market, the assistance of other actors (e.g., intermediaries and activists) is important in order to cross the chasm to reach the majority of users and move from a learning and probing phase to breakthrough and wide diffusion.
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spelling curtin-20.500.11937-792842022-05-16T02:53:08Z Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia Wilkinson, Sam Hojckova, K. Campbell, Christine Morrison, Greg Sandén, B. © 2020 Elsevier Ltd Peer-to-peer (P2P) electricity markets have attracted significant attention as a promising model enabling the integration of distributed energy sources by creating consumer-based electricity markets. Despite the significance of users in this model, knowledge is still lacking as to who the users interested in P2P electricity markets are and what role they can play in building them. We aim to fill this knowledge gap by providing evidence from the first real-world trial of a P2P electricity market facilitated by blockchain technology across a regulated electricity network. We apply sustainability transition and innovation thinking to analyse the trial participants as users shaping the P2P-related innovation process. Supported by our empirical results, we found that users joined the P2P market trial to learn and co-create the future of prosumer-centred electricity markets. We also found that if P2P is to enter the mainstream market, the assistance of other actors (e.g., intermediaries and activists) is important in order to cross the chasm to reach the majority of users and move from a learning and probing phase to breakthrough and wide diffusion. 2020 Journal Article http://hdl.handle.net/20.500.11937/79284 10.1016/j.erss.2020.101500 http://creativecommons.org/licenses/by-nc-nd/4.0/ fulltext
spellingShingle Wilkinson, Sam
Hojckova, K.
Campbell, Christine
Morrison, Greg
Sandén, B.
Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title_full Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title_fullStr Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title_full_unstemmed Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title_short Is peer-to-peer electricity trading empowering users? Evidence on motivations and roles in a prosumer business model trial in Australia
title_sort is peer-to-peer electricity trading empowering users? evidence on motivations and roles in a prosumer business model trial in australia
url http://hdl.handle.net/20.500.11937/79284