Social and economic value in emerging decentralized energy business models: A critical review
Reviewartikel, 2021

In recent years, numerous studies have explored the opportunities and challenges for emerging decentralized energy systems and business models. However, few studies have focussed specifically on the economic and social value associated with three emerging models: peer-to-peer energy trading (P2P), community self-consumption (CSC) and transactive energy (TE). This article presents the findings of a systematic literature review to address this gap. The paper makes two main contributions to the literature. Firstly, it offers a synthesis of research on the social and economic value of P2P, CSC and TE systems, concluding that there is evidence for a variety of sources of social value (including energy independence, local benefits, social relationships, environmental responsibility and participation and purpose) and economic value (including via self-consumption of renewable electricity, reduced electricity import costs, and improved electricity export prices). Secondly, it identifies factors and conditions necessary for the success of these models, which include willingness to participate, participant engagement with technology, and project engagement of households and communities, among other factors. Finally, it discusses conflicts and trade-offs in the value propositions of the models, how the three models differ from one another in terms of the value they aim to deliver and some of the open challenges that require further attention by researchers and practitioners.

Energy business models

Community self-consumption

Peer-to-peer electricity trading

Economic value

Transactive energy

Social value


Sophie Adams

University of New South Wales (UNSW)

Donal Brown

University of Sussex

Juan Pablo Cárdenas Álvarez

Universidad EIA

Ruzanna Chitchyan

University of Bristol

Michael J. Fell

University College London (UCL)

Ulf J.J. Hahnel

Université de Genève

Kristina Hojcková

Chalmers, Teknikens ekonomi och organisation, Environmental Systems Analysis

Charlotte Johnson

University College London (UCL)

Lurian Klein

Universidade de Coimbra

Mehdi Montakhabi

Vrije Universiteit Brüssel (VUB)

Kelvin Say

University of Melbourne

Abhigyan Singh

TU Delft

Nicole Watson

University College London (UCL)


1996-1073 (ISSN)

Vol. 14 23 7864


Tvärvetenskapliga studier


Systemvetenskap, informationssystem och informatik med samhällsvetenskaplig inriktning



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