Digital platforms provide connections between users who can offer products and services and users who need them. They have been long been transforming sections of the global economy, but energy has yet to see the transformative impact seen in sectors like transport (e.g. Uber, Lyft), retail (e.g. eBay) and accommodation (e.g. Airbnb). Digital energy platforms (e.g. peer-to-peer trading, local energy markets, virtual power plants) are, however, rapidly developing, and feature heavily in the Prospering from the Energy Revolution (PFER) Smart Local Energy System (SLES) projects. As a currently unregulated space, innovative technologies and business models are emerging, but this comes with potential risks to both the energy system and its users.
Through the lens of SLES, EnergyREV has conducted a review of current policy and regulations that are likely to affect the emergence of digital energy platforms. In this panel discussion we will briefly highlight our key findings, and will discuss with our panel experts where the PFER projects have opportunities to help shape how digital energy platforms may be regulated in the future. This will be followed by a live Q&A session.
This event will be held online. Once you have registered you will receive the necessary joining information.
About EnergyREV and the PFER programme
Over £100 million has been invested by the UK Government in the Industrial Strategy Challenge Fund (ISCF) Prospering from the Energy Revolution (PFER) programme. The PFER programme will provide investable, scalable local business models using integrated approaches to deliver cleaner, cheaper energy services. This will lead to prosperous and resilient communities and benefit the energy system as a whole. EnergyREV’s broad expertise will provide coordinated research and innovation support across the PFER programme. It will deliver innovations to support the various projects, while independently reviewing and synthesising the knowledge and evidence of how smart local energy systems can be successful. EnergyREV will work with the demonstration and design projects funded through the PFER programme through their lifetime; undertaking analysis and evaluation, building and driving best practice and, leading knowledge exchange through national and international engagement with policy, academic, industrial and public communities.