A qualitative comparative analysis of blockchain-based P2P power trading platforms
Authors
Sola Gallardo, Pau ; Bouhorma Mouffak, Naoufal
Term
4. Term
Publication year
2021
Submitted on
2021-06-04
Pages
71
Abstract
Dette speciale undersøger, hvad der får blockchain-baserede peer-to-peer (P2P) elhandelsplatforme til at fungere i praksis. Det anvender kvalitativ komparativ analyse (QCA), en metode der sammenligner flere sager for at se, hvilke kombinationer af forhold der fører til bestemte resultater, for at identificere de betingelser, der hænger sammen med succesfuld implementering og udrulning. To teoretiske perspektiver bruges: Multi-Level Perspective (MLP) på socio-tekniske omstillinger og teorien om disruptiv innovation. Ti eksisterende platforme analyseres som casestudier. På tværs af sagerne vurderes fem betingelser: om platformen bruger en token (en digital enhed brugt i platformen); hvordan elpriser fastsættes (af en tredjepart eller lokalt); om der samarbejdes med netselskab og/eller lokalt elselskab; om den regulatoriske ramme er P2P-venlig; og om handlen er geografisk begrænset til et lokalområde. Analysen identificerer seks forskellige udfald, fra pilotprojekter til landsdækkende implementeringer. Resultaterne kontrolleres ved at gennemgå hver sag og vurdere sammenhængen med de to teorier, og QCA-resultaterne vurderes som gyldige. Specialet peger også på centrale udfordringer og praktiske krav for, at disse platforme kan lykkes.
This thesis examines what makes blockchain-based peer-to-peer (P2P) electricity trading platforms work in practice. It uses Qualitative Comparative Analysis (QCA), a method that compares multiple cases to see which combinations of factors lead to particular results, to identify the conditions linked to successful implementation and deployment. Two theoretical lenses guide the study: the Multi-Level Perspective (MLP) on socio-technical transitions and the theory of Disruptive Innovation. Ten existing platforms are analysed as case studies. Across these cases, five conditions are assessed: whether the platform uses a token (a digital unit used within the platform); how electricity prices are set (by a third party or locally); whether the platform cooperates with the grid operator and/or the local utility; whether the regulatory framework supports P2P trading; and whether trading is geographically limited to a local area. The analysis identifies six distinct outcomes, ranging from pilot projects to nation-wide implementations. The findings are checked by revisiting each case and assessing consistency with the two theories, and the QCA results are deemed valid. The thesis also highlights key challenges and practical requirements for the success of these platforms.
[This summary has been rewritten with the help of AI based on the project's original abstract]
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