Blockchain-Based P2P Energy Trading Platform Business Models: An Extended Analysis

This article highlights the lack of environmental analysis in business models of blockchainBlockchain-based P2P energyEnergy trading. Identifying crucial environmental factors in a businessBusiness model is pivotal to the successful implementation of the underlying technical frameworks and architectures. Thus, this article provides a viewpoint that businessBusiness models of blockchainBlockchain-based P2P energyEnergy trading platforms should be extended to address environmental factors to better evaluate the feasibility of implementation. Moreover, the authors propose an analytical framework for addressing environmental factors in the development of blockchainBlockchain-based P2P energy trading platform businessBusiness models building on the PESTLEPESTLE framework. This analytical framework is then applied in a use case on a blockchain-based P2P energyEnergy trading businessBusiness model based on the business model canvas proposed by Osterwalder and Pigneur (Business model generation. Wiley, Amsterdam, 2010) in combination with a PESTEL analysis.