About the event
Join us for this event, organised in collaboration with NOVA School of Law and NOVA IMS, and is funded by the UK Foreign, Commonwealth & Development Office (FCDO).
In recent years, local energy markets, including peer-to-peer energy trading, transactive energy and community self-consumption, have gained significant momentum. These initiatives empower energy end-users and small-scale prosumers to directly exchange electricity and encourage active engagement in the energy market.
While pilot projects have demonstrated the viability of these market models, challenges such as existing policies, regulations, and technical and social barriers hinder their scalability and wider adoption beyond the pilot phase. Many barriers inhibiting scaling relate to risk allocation and management. Pilot projects are carefully designed to cap up-side financial risk by defining project budget, scale and duration. Project participants’ risks are carefully controlled, with any financial losses underwritten by project funders. Regulatory risks have frequently been quarantined inside regulatory sandboxes to avoid wider energy system or political risks. Each of these are sensible precautions, but they are designed to limit, rather than acknowledge, allocate and manage such risks.
To scale beyond the pilot and the sandbox, such risks need to be accepted, evaluated and addressed. Portugal is one of the most progressive countries in adoption of local energy markets. Join us at the 8th GO-P2P meeting to learn from Portuguese and other European cases, companies and regulators on how they have addressed such risks, and the extent to which their solutions may be adopted and adapted for other contexts.
