Designing the business model of an energy Datahub

Abstract

An energy Datahub is a central model that allows all data to be stored, separated, analysed, and sent to other peers for specified actions. Digitalisation, increasing small-scale renewable generation and prosumers, flexibility, and Demand Response are the key parameters that pave the way for the implementation of Datahubs. In this paper, we present the business model of an energy Datahub in Turkey. The Datahub will be useful in better engagement with residential customers, introducing smart tariffs and achieving Demand Response, supporting prosumers, increasing transparency and efficiency in energy markets, and enabling new business models via innovation and development. The Datahub will provide an environment where data analytical tools could be employed, which will foster the use of machine learning and deep learning algorithms. © 2023 Elsevier B.V., All rights reserved.