Energy exchange among heterogeneous prosumers under price uncertainty

In this paper, we provide a real options model framing prosumers’ investment in photovoltaic plants. This is presented Smart Grid context where the exchange of energy among prosumers possible. We determine optimal size installations based on influence self-consumption profiles prosumers. calibrate using figures relative to Northern Italy market and investigate decision allowing for different prosumer consider several combinations their individual demand supply. Our findings show that shape supply curves crucial prosumers, there could be circumstances under which no occurs.