Sharing Beyond Peer-to-peer Trading: Collaborative(Open) Business Models as a Pathway to SmartCircular Economy in Electricity Markets

Research output: Chapter in Book/Report/Conference proceedingConference paper

Abstract

This paper performs an analysis on emergent peer-to-peer (p2p) electricity trading markets utilizing the resource-based theory based on the sharing economy concept to identify possible opportunities for assets/data sharing amongst existing and emerging market players. First, the study introduces actors in the future electricity market and identifies their objectives. Second, valuable resources of each actor are recognized and categorized under physical and digital groups. Third, interested actors in each resource and benefits they can gain by having access to the resource are discussed. Last, a matrix of sharing opportunities amongst the actors in the electricity market is built and the current state of sharing is compared with the possibilities in the future. This paper provides and serves as a benchmark for implementing the sharing economy concept in future design of electricity markets. It highlights sharing opportunities as a means for circular economy in the electricity market. Implementing the identified sharing opportunities requires more collaborative (open) business models.
Original languageEnglish
Title of host publication 2020 16th International Conference on Distributed Computing in Sensor Systems (DCOSS)
PublisherIEEE
Pages482-489
Number of pages8
ISBN (Electronic)9781728143514
DOIs
Publication statusPublished - May 2020
Event IEEE DCOSS 2020; International Conference on Distributed Computing in Sensor Systems: 2nd IEEE International Workshop on Smart Circular Economy - Los Angeles, United States
Duration: 15 Jun 202017 Jun 2020
https://www.dcoss.org/

Publication series

NameProceedings - 16th Annual International Conference on Distributed Computing in Sensor Systems, DCOSS 2020

Conference

Conference IEEE DCOSS 2020; International Conference on Distributed Computing in Sensor Systems
Abbreviated titleSmaCE 2020
CountryUnited States
CityLos Angeles
Period15/06/2017/06/20
Internet address

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