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Would you like to trade your energy: a comparative survey experiment on energy trading platforms

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posted on 2025-01-31, 14:33 authored by Shandelle Steadman, Anna Rita BennatoAnna Rita Bennato, Monica Giulietti

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 Journal

Volume

45

Issue

3

Pages

1 - 24

Publisher

Sage

Version

  • AM (Accepted Manuscript)

Rights holder

© IAEE

Publisher statement

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Acceptance date

2023-03-28

Publication date

2024-08-08

Copyright date

2024

ISSN

0195-6574

eISSN

1944-9089

Language

  • en

Depositor

Prof Monica Giulietti. Deposit date: 4 March 2023

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