Sustainability

Increasingly, the sharing economy is moving into local energy markets. All over the world, small but powerful local power grids are forming, allowing neighbors to generate, buy, and sell excess power. Instead of selling renewable energy back to companies who then sell it to citizens, these energy sharing platforms enable citizens to sell the energy directly to their neighbors. Energy sharing allows citizens to bypass the electric company energy supply and generate, store and share energy individually or in communities even during power failures. This way, sharing plaforms enable the energy sector to become more flexible, resilient and economically efficient. A prerequisite is a deregulated energy market. Read more about this growing phenomenon in the research, case studies and rules and regulations sections.