Collecting Silences: Entrepreneurs, energy efficiency, carbon emissions and degrowth markets

Research output: Contribution to conferenceConference Paper

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Abstract

Energy markets are diversifying. Secondary markets for white certificates, flexibility and carbon emission reductions are growing while an increasing range of entrepreneurs provide market access. This paper analyses the ability of entrepreneurs to define, assetize and trade property rights relating to energy demand and carbon emission reductions to facilitate the trade of white certificates, flexibility and carbon emission reductions. Using insights from transaction cost economics, this paper suggests that the combination of market-based instruments, business model innovation and technological innovations facilitate the assetization of energy demand and carbon emission reductions property rights for subsequent trade by enabling all aspects of energy (non-)use to be monitored and time-stamped (collecting silences). This provides the basis not only for flexibility (flexiwatts) and energy demand and carbon emission reductions (negawatts) to compete on equal footing with units of delivered energy (megawatts) but also the foundation for de-growth markets
Original languageEnglish
Number of pages14
Publication statusPublished - 28 Mar 2019
EventWorld Sustainable Energy Days - Wels, Austria
Duration: 27 Feb 20191 Mar 2019
http://www.wsed.at/en/world-sustainable-energy-days.html

Conference

ConferenceWorld Sustainable Energy Days
Abbreviated titleWSED
CountryAustria
CityWels
Period27/02/191/03/19
Internet address

Keywords

  • Negawatt
  • flexiwatt
  • degrowth
  • market-based instrument
  • business models
  • entrepreneurs
  • transaction costs
  • assetization
  • property rights

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  • Prizes

    Best Young Energy Efficiency Researcher Award

    Nolden, Colin (Recipient), 28 Feb 2019

    Prize: Prizes, Medals, Awards and Grants

  • Cite this

    Nolden, C. (2019). Collecting Silences: Entrepreneurs, energy efficiency, carbon emissions and degrowth markets. Paper presented at World Sustainable Energy Days, Wels, Austria.