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

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Date
2022-12-07
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en
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10
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IOP Conference Series: Earth and Environmental Science, Volume 1101, issue 2
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 establishmentof community power purchase agreements.
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Saari , A & Vimpari , J 2022 , ' Accelerating the Green Energy Transition for Sustainable Buildings and Cities: Estimating the Benefits of Community Power Purchase Agreements ' , IOP Conference Series: Earth and Environmental Science , vol. 1101 , no. 2 , 022009 . https://doi.org/10.1088/1755-1315/1101/2/022009