Governance design for household participation in the energy system

The potential of households to adapt their energy use to the conditions of the energy system remains largely untapped due to shortcomings in consumer governance (i.e., the organization of household energy use). A lack of price signals and services leads to uncoordinated household energy use. Various proposals exist for updating consumer...

To charge or not to charge? Using Prospect Theory to model the tradeoffs of electric vehicle users

Electric vehicle (EV) users who aim to become flexibility providers face a tradeoff between staying in control of charging and minimizing their electricity costs. The common practice is to charge immediately after plugging in and use more electricity than necessary. Changing this can increase the EV’s flexibility potential and reduce...

Platform Services Facilitating the Participation of Active Households in the Energy System - a Transaction Cost Perspective

Platforms facilitate the participation of households and their energy assets in the energy system. Platform services are considered attractive for households if the energy cost savings exceed the transaction cost of the service. We conceptualize different platform architecture, quantify their transaction cost and compare it to potential energy...