The flexible prosumer: Measuring the willingness to co-create distributed flexibility
By M. Kubli, M. Loock, Rolf Wüstenhagen. 2018
183 citations recorded by the source corpus.
Rising shares of fluctuating renewables increase the need for flexibility in the power market. At the same time, the emergence of the prosumer has created new opportunities for co-creation of distributed flexibility. As of yet, there is surprisingly little empirical analysis in terms of whether individuals are actually ready to co-create flexibility, and if so, under which conditions these resources can be mobilized by grid operators or electricity supply companies. We address this gap in the energy economics literature with three studies analyzing in total 7′216 individual decisions in a series of choice experiments with 902 study participants in three main domains of residential energy prosumption: (1) solar PV plus storage, (2) electric mobility, (3) heat pumps. We develop a novel measure of the prosumers’ willingness to co-create flexibility, and solicit their preferences for power supply contracts with varying levels of flexibility to derive implied discomfort costs. Our results indicate that current and potential electric car and solar PV users exhibit a higher willingness to co-create flexibility than heat pump users. Reaping the potential in those two domains requires taking the prosumer perspective into account when designing policy instruments and creating adequate business models.
Subfields: Electrical and Electronic Engineering, Pollution
View Paper: https://www.semanticscholar.org/paper/603394788dde955bb39f17ba2fee7cf22b60c169
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In Electrical and Electronic Engineering
In Pollution
Citations in the corpus
- Cost optimal self-consumption of PV prosumers with stationary batteries, heat pumps, thermal energy storage and electric vehicles across the world up to 2050 (2019, background): “Furthermore, the role of prosumers in co-creating flexibility is a promising area to be further explored, offering greater potential for optimising energy utilisation as well as minimising overall ATCE across a substantial number of prosumers (Kubli et al., 2018).”
- Prosumer Communities and Relationships in Smart Grids: A Literature Review, Evolution and Future Directions (2018, background): “However, the extent to which they are willing to provide flexibility and the different factors affecting their preference of flexibility option are areas for further investigation [39].”