Enablers and barriers for energy prosumption: Conceptual review and an integrated analysis of business models

2023-03-31
Enablers and barriers for energy prosumption: Conceptual review and an integrated analysis of business models

Abstract

 

Energy transition is a crucial issue for sustainable development in the energy sector. It is also the main instrument
to meet climate change goals. The development of energy technologies and economic instruments has created
new interactive forms for prosumers involvement. The paper systematically analyzes new business models for
energy prosumption and performs SWOT analysis from the prosumers’ perspective. The systematic literature
review was applied to outline the main business models for energy prosumption. The performed analysis also
allowed the main policy directions for the further development of prosumerism to be identified. The paper
presents integrated analysis of Aggregator, Demand Response, Peer-to-Peer (P2P) Trading Platforms, Energy as a
Service, Collective Services and Pay as You Go models. It was revealed that the main enablers encouraging
energy prosumption are environmental concern, energy independence, control over energy (micro)generation,
new and user-friendly technologies, energy saving and monetization of surplus energy, and stable and clear
regulatory framework. The main barriers include lack of effective support initiatives, quite slow market penetration
of innovative technologies, and low level of public awareness and acceptance. Finally, the main policy
directions to encourage further development of energy prosumption are provided.

 

Šikšnelytė-Butkienė, I.; Štreimikienė, D.; Baležentis, T.; Volkov, A. 2023. Enablers and barriers for energy prosumption: Conceptual review and an integrated analysis of business models. Sustainable Energy Technologies and Assessments : Elsevier. ISSN 2213-1388. eISSN 2213-1396. 2023, 57, June, 103163, p. 1–13. DOI: 10.1016/j.seta.2023.103163. [Scopus; Science Citation Index Expanded (Web of Science)]

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