Energy Magazine March 2018 | Page 19

a fair price ? The peer-to-peer project , then , improves the business case to invest in renewables . In the long run , this endeavour should make the use of renewable energy more effective , and therefore increase its use .”
Whether the motivation to employ an energy trading network is environmental , economic or both , it is clear that companies are keen . According to Mertens , it has been noted that many energy companies and network providers have featured suitable infrastructure in their applications for 2050 that will allow for such peer-to-peer trading to be installed efficiently . With environmental and infrastructural upgrades , the turnaround time for altering how an entire community consumes its energy could significantly drop , leaving less than a year between each project . This is a foreseeable goal for Bax & Company , which believes that this innovation “ will be the energy market of the future ”
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