Economics of Data Interoperability in a Data-driven Energy Sector

Daniel Davi-Arderius; Manuel  Llorca; Golnoush Soroush; Emanuele Giovannetti; Tooraj  Jamasb

Economics of Data Interoperability in a Data-driven Energy Sector

Daniel Davi-Arderius
, Manuel Llorca
, Golnoush Soroush
, Emanuele Giovannetti
, Tooraj Jamasb^*

^*Corresponding author for this work

Department of Economics

Research output: Contribution to journal › Journal article › Research

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Abstract

A market-based energy transition requires active customers, which means they offer their energy flexibility through data-driven services. Implementing these services requires data interoperability standards and processes, and single common front doors. In economic terms, data interoperability lowers the barriers to participate in those services and improves their liquidity and efficiency.

Original language	English
Journal	IAEE Energy Forum
Issue number	117
Pages (from-to)	23-27
Number of pages	5
ISSN	1944-3188
Publication status	Published - 2024

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

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Cite this

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title = "Economics of Data Interoperability in a Data-driven Energy Sector",

abstract = "A market-based energy transition requires active customers, which means they offer their energy flexibility through data-driven services. Implementing these services requires data interoperability standards and processes, and single common front doors. In economic terms, data interoperability lowers the barriers to participate in those services and improves their liquidity and efficiency.",

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AU - Soroush, Golnoush

AU - Giovannetti, Emanuele

AU - Jamasb, Tooraj

PY - 2024

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AB - A market-based energy transition requires active customers, which means they offer their energy flexibility through data-driven services. Implementing these services requires data interoperability standards and processes, and single common front doors. In economic terms, data interoperability lowers the barriers to participate in those services and improves their liquidity and efficiency.

M3 - Journal article

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SP - 23

EP - 27

JO - IAEE Energy Forum

JF - IAEE Energy Forum

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