The increasing prevalence of variable renewable generation in the UK presents both challenges and opportunities. The necessity of the grid to become smarter and more flexible to adapt to this era has led to the emergence of new and innovative business models. Among the most exciting new technologies to enable the smart, flexible energy systems transitions are distributed ledger technologies (DLT) and Peer to Peer (P2P) trading.
Many questions remain regarding P2P’s relevance to the energy sector. Drawing on a variety of case studies and original research of leading academics, this report aims to provide an open-minded overview of both current and future applications of the technology, and to investigate some of the potential challenges and opportunities that they could represent.