TY - JOUR
T1 - Consumer viewpoint on a new kind of energy market
AU - Immonen, Anne
AU - Kiljander, Jussi
AU - Aro, Matti
N1 - project 115402
Funding Information:
This work was supported by the National Strategic Research Project, Energy Data Ecosystem and Services, funded by Business Finland, VTT Technical Research Centre of Finland Ltd and Finnish companies.
Funding Information:
This work was supported by the National Strategic Research Project, Energy Data Ecosystem and Services, funded by Business Finland , VTT Technical Research Centre of Finland Ltd and Finnish companies .
Publisher Copyright:
© 2019 The Author(s)
Copyright:
Copyright 2019 Elsevier B.V., All rights reserved.
PY - 2020/3
Y1 - 2020/3
N2 - Energy markets are currently evolving due to the rapid digitalization, increasing amount of renewable energy sources, and rapid technology development. Market actors are being forced to adapt their business models to these changes or find new business opportunities. In our earlier work, new change scenarios were identified that reflect the future business potential of Finnish companies in energy domain particularly with respect to demand flexibility, new actor roles, new consumer services and novel activities in a new kind of energy market. The purpose of this paper is to examine the energy consumer viewpoint on these new scenarios. As consumers are becoming more central actors in the energy markets via demand flexibility and new type of services, it is critical to design the solutions in a user-centric way. A consumer survey was conducted to identify consumers’ opinions and attitudes and determine their willingness to participate in the new energy market scenarios. The survey reached a large number of consumers representing a considerable portion of the Finnish population. According to the results, a half of consumers consider the forecasted scenarios as positive changes, but a lot of communication must still be done in order to win the majority support of consumers.
AB - Energy markets are currently evolving due to the rapid digitalization, increasing amount of renewable energy sources, and rapid technology development. Market actors are being forced to adapt their business models to these changes or find new business opportunities. In our earlier work, new change scenarios were identified that reflect the future business potential of Finnish companies in energy domain particularly with respect to demand flexibility, new actor roles, new consumer services and novel activities in a new kind of energy market. The purpose of this paper is to examine the energy consumer viewpoint on these new scenarios. As consumers are becoming more central actors in the energy markets via demand flexibility and new type of services, it is critical to design the solutions in a user-centric way. A consumer survey was conducted to identify consumers’ opinions and attitudes and determine their willingness to participate in the new energy market scenarios. The survey reached a large number of consumers representing a considerable portion of the Finnish population. According to the results, a half of consumers consider the forecasted scenarios as positive changes, but a lot of communication must still be done in order to win the majority support of consumers.
KW - Consumer viewpoint
KW - Demand flexibility
KW - Electricity
KW - Electricity consumer
KW - Energy markets
UR - http://www.scopus.com/inward/record.url?scp=85076255878&partnerID=8YFLogxK
U2 - 10.1016/j.epsr.2019.106153
DO - 10.1016/j.epsr.2019.106153
M3 - Article
AN - SCOPUS:85076255878
SN - 0378-7796
VL - 180
JO - Electric Power Systems Research
JF - Electric Power Systems Research
M1 - 106153
ER -