Peer-to-peer energy: an opportunity for storage?

We look at the potential impact of peer-to-peer energy trading networks – such as those from Vandebron in the Netherlands and Open Utility in the UK – on energy storage.

What impact will peer-to-peer energy trading networks – like those from Vandebron in the Netherlands and Open Utility in the UK – have on energy storage? Photo credit: Vandebron

A growing interest in peer-to-peer energy trading raises questions over whether storage could help consumers gain extra benefit from distributed power generation.

Current attempts to trade energy on a peer-to-peer basis are primarily designed to let producers maximise their profits on excess power at the point when it is produced.

The Dutch platform Vandebron, for example, lets consumers buy power directly from independent renewable energy producers such as farmers who own wind turbines.

By eliminating the utility’s margin from the equation, producers can offer consumers cheaper energy and still make more money than they might with a traditional feed-in tariff or off-take agreement.
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