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...

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...

Introducing Blockchain to Commercial Real Estate: Exploring the applicability of blockchain technology in lowering transaction costs of the commercial real estate due diligence process

The global market for real estate has experienced a significant growth since the financial crisis in 2008. The current global value amounts to more than $200 trillion and comprises nearly 60% of the value of all global assets, including equities, bonds, and gold. Yet, the commercial real estate market is inefficient and opaque due to its...

The Market for Owner-Occupied Dwellings After the Crisis: Institutional Change and Shortages of Owner-Occupied Dwellings in the Netherlands

Traditional neo-classical economic theories are failing to explain the current situation in the Dutch housing market. There is a high demand for newly built owner-occupied dwellings, but the production is not increasing as quickly as expected. New Institutional Economics is offering explanations for this situation. The institutions in the...

Development of a methodical framework for a seamless air cargo supply chain, from a transaction cost perspective, focusing on Direct Trucking Pick-ups: An exploratory case study for KLM Cargo

The air cargo market is experiencing momentous developments that may impact strongly on future trends. A consolidation shift has been observed, by more integration of the supply chain. Integrators engage in forwarding, forwarding agents operate their own aircraft and airlines bypass the forwarding agents, by striking direct structural deals with...

Entering new markets: Testing a pilot methodology in the biomass case of Statkraft

Due to an asset swap in July 2008, Statkraft became a shareholder of two 20 MW biomass fuelled power plants in Emden (BKE) and Landesbergen (BKL), Germany. Both power plants are able to combust almost every solid biomass, but the main fuel is used-wood. Currently, the procurement of the fuel for both plants is outsourced to E.ON. Statkraft is...