Accelerating the Green Energy Transition for Sustainable Buildings and Cities: Estimating the Benefits of Community Power Purchase Agreements

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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 languageEnglish
Article number022009
Number of pages10
JournalIOP Conference Series: Earth and Environmental Science
Volume1101
Issue number2
DOIs
Publication statusPublished - 7 Dec 2022
MoE publication typeA4 Conference publication
EventCIB World Building Congress - RMIT University, Melbourne, Australia
Duration: 27 Jun 202230 Jun 2022
https://www.cibwbc2022.org/

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