The Energy Collective

WP5 – Institutional aspects and policy recommendations:

While the technology to built upon may be available for the development of consumer-centric electricity markets, it is clear that other challenges exist at the institutional level and in terms of policy and regulation. A basic and clear example of that situation lies in the fact that a household today may not sell directly electricity to another neighboring household. Similarly one may not directly and in real buy electricity from a given wind farm.
Our aim in this WP is to identify these challenges that are not of technological nature, and toanalyze how those may be handled under existing or a new governance framework. It is to be noted that blockchain technology might be adopted as backbone in various branches of our economies, and parallels to the energy sector may be drawn.