Trading solar: buying and selling solar power with neighbours and friends

A new research project is putting ‘virtual energy networks’ for households and businesses to the test. Virtual energy networks (VENs) allow consumers to buy solar energy directly from their neighbours, or sell excess rooftop solar to someone across town, or even interstate, all through an online platform. VENs are already used by some councils, schools and businesses with multiple sites, for instance to share solar generated on a community centre with an office or depots. But most energy retailers haven’t extended this system to households. Dr Andrea La Nauze, an Associate Professor of Economics at Deakin University, is leading a study to look at how the use of VENs can be extended, and is now recruiting participants for the trial. If you’d like to take part in the virtual energy network study, you can email the team at ven@deakin.edu.au or just search “Deakin Virtual Energy Network” in your browser.