Peer-to-peer (P2P) electricity trading is being promoted, to varying degrees, in both the EU and China. It allows individual citizens and businesses to produce and trade their own solar power (local, rooftop), while enabling the close-to-real-time balancing of supply and demand to maintain system stability. Helena Uhde at the ECECP gives an insight into the current status, implementation, regulations and policies in both regions. She cites two … [Read more...]
The benefits of Peer-To-Peer Electricity Trading for communities and grid expansion
The adoption of peer-to-peer (P2P) electricity trading will turn individual consumers from passive to active managers of their networks. Such a marketplace can relieve constraints on the growing system and offer an alternative to costly grid reinforcements. Arina Anisie and Francisco Boshell at IRENA run through the benefits, including investment costs, bills, resilience, congestion, mini-grids, energy access, and more. They note that very few … [Read more...]
Recent Comments