Would you like to trade your energy: a comparative survey experiment on energy trading platforms
As energy markets become more decentralised, energy trading platforms are emerging as useful tools to facilitate the coordination of energy consumption and generation, encouraging a more efficient use of renewable energy by residential producers and consumers. By exploring three different European countries, we study the effectiveness of both monetary and non-monetary incentives in fostering energy trade via trading platforms. We use an incentivized survey experiment to evaluate the drivers of consumers’ and prosumers’ willingness to participate in an energy trading platform. We find that the monetary incentive is not necessarily the main reason why people would choose to trade their energy, but other dimensions, such as environmental concerns and independence from the national grid, play an important role.
History
School
- Loughborough Business School
Published in
The Energy JournalVolume
45Issue
3Pages
1 - 24Publisher
SageVersion
- AM (Accepted Manuscript)
Rights holder
© IAEEPublisher statement
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2023-03-28Publication date
2024-08-08Copyright date
2024ISSN
0195-6574eISSN
1944-9089Publisher version
Language
- en