Abstract
Energy plays a crucial role in smart and sustainable cities as buildings and construction account for 36 % of energy consumption. The electrification of heating and transportation could significantly increase buildings’ electricity consumption. Previous literature has focused on on-site energy, especially in the energy community context, to encourage the cities to participate in the energy transition. However, on-site electricity can only produce one-fifth of the total demand. When pooled together, households could contribute to off-site electricity production to bring negotiation power and subsequent economic and environmental benefits. This paper examines households’ opportunities to contribute to off-site electricity production and electricity prices by utilizing the energy community concept. It quantifies the economic benefits for the households participating in a community power purchase agreement in the context of Helsinki, Finland. It presents a blockchain-based platform to facilitate the establishment of community power purchase agreements.
Original language | English |
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Article number | 022009 |
Number of pages | 10 |
Journal | IOP Conference Series: Earth and Environmental Science |
Volume | 1101 |
Issue number | 2 |
DOIs | |
Publication status | Published - 7 Dec 2022 |
MoE publication type | A4 Conference publication |
Event | CIB World Building Congress - RMIT University, Melbourne, Australia Duration: 27 Jun 2022 → 30 Jun 2022 https://www.cibwbc2022.org/ |