P2P trading serving Sample Clauses

P2P trading serving grid stabilization: If the aim is to stabilize the electricity network through P2P trading, incentives for targeted electricity consumption, demand response, and load shifting will have to be created. For example, network providers could be allowed to make their network charges more flexible and provide consumers with price signals via smart metering systems, so that financial incentives to shift loads (demand side management) could be created depending on the feed-in situation. This approach could anticipate grid bottlenecks but also imbalances in the electricity market and counteract them through coordinated P2P trading, e.g. using storage facilities. An essential challenge that would arise through the establishment of a P2P electricity trading, by means of blockchain or other technology, would be the change on the previous role models of the energy sector. Compatibility with the regulatory framework and the influence of the distribution of roles will depend on the concrete design of the P2P trading. On the one hand, a P2P network is conceivable, which is still operated and controlled by a single company or a consortium taking a role similar to traditional suppliers or to VPP operators. On the other hand, there may be a decentralized autonomous network of peer consumers, prosumers, and producers, characterized by maximum independence from public or private energy supply companies.
Sample 1
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