From Energy community to a cooperative retailer

May 25, 2022 | Business Model | 0 comments

Business Model NameFrom Energy community to a cooperative retailer
Business Model DescriptionPlus energy neighborhoods or energy communities have the potential to cooperatively decide to become a retailer by pooling all the demand of their buildings. Becoming a retailer allows to directly procure electricity in the wholesale market. This avoids third party transaction costs and potentially lower the energy bill for individual dwellings... The questions are: How can we aggregate the demand at the neighborhood or community level to be able to participate as a retailer in wholesale markets? Does it bring benefits, is there enough automatization and digitalization means to do this?
Customer class Any building complex
Building cooperatives
Multi Apartment complex
Mechanism for responseCommon energy management decisions
Self balancing of energy within the neighborhood or energy community
Remuneration or compensation bill savings, fairer energy price
Enabling legislation/regulation Energy communities
Barriers on Retailer size entry to the market
Business Model Referencehttps://www.sciencedirect.com/science/article/pii/S0378778818330378
Does the Business Model harness any of these technologies? Distributed Ledger Technology / Blockchain, Machine learning / Artificial Intelligence, Internet of Things - IoT / Smart metering
Does the Business Model targets any of these asset classes?Privately Owned

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