What if…? Utility vision 2020

Frei, Christoph

doi:10.1016/j.enpol.2008.07.016

Cited by 11 publications

(8 citation statements)

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“…Accordingly, the German federal government strives to produce 80% of the country's' electricity from renewable energy sources until 2050 (BMWI and BMU, 2010). This transition from fossil fuels and nuclear energy to large scale deployment of renewable energy technologies will fundamentally affect the structure of the electric power industry and change the way how electricity is produced, transmitted, and sold (Frei, 2008;Small and Frantzis, 2010). Consequently, utilities as the industry's largest group of actors need new business models to commercialize renewable energy technologies on a large scale (Duncan, 2010).…”

Section: Introductionmentioning

confidence: 99%

Business model innovation for sustainable energy: German utilities and renewable energy

2013

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The electric power sector stands at the beginning of a fundamental transformation process towards a more sustainable production based on renewable energies. Consequently, electric utilities as incumbent actors face a massive challenge to find new ways of creating, delivering, and capturing value from renewable energy technologies. This study investigates utilities' business models for renewable energies by analyzing two generic business models based on a series of in-depth interviews with German utility managers. It is found that utilities have developed viable business models for large scale utility-side renewable energy generation and invest huge sums in this field. At the same time, utilities lack adequate business models to commercialize small scale customer-side renewable energy technologies. By combining the business model concept with innovation theory a new perspective on the energy transition is suggested and applied. Furthermore, practical recommendations for utility mangers are provided how to create and capture more value in the energy transition.

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Section: Introductionmentioning

confidence: 99%

Business model innovation for sustainable energy: German utilities and renewable energy

2013

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“…-Suppliers or utilities would be able to adjust competitive offerings to suit specific consumer profiles thanks to supply and demand-side management (Frei, 2008).…”

Section: Forecast Impacts and Benefits For The Electricity Value Chainmentioning

confidence: 99%

Smart grids: Another step towards competition, energy security and climate change objectives

2011

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The deployment of smart grids in electricity systems has given rise to much interdisciplinary research. The new technology is seen as an additional instrument available to States to achieve targets for promoting competition, increasing the safety of electricity systems and combating climate change. But the boom in smart grids also raises many economic questions. Public policies will need to be adapted, firstly to make allowance for the potential gains from smart grids and the associated information flow, and secondly to regulate the new networks and act as an incentive for investors. The new competitive offerings and end-user pricing systems will contribute to improving allocative and productive efficiency, while minimizing the risks of market power. With real-time data on output and consumption, generators

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“…The power generation sector and its stakeholders stand today at the starting point of a challenging revolution: the way how energy services are generated, delivered, and traded is expected to be very different in the coming years (Frei, 2008;SchleicherTappeser, 2012).…”

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confidence: 99%

“…With their dominant market position and influence on policy makers (i.e., continuous lobby activities), utilities are expected to play a major role on the energy transition (Sühlsen and Hisschemöller, 2014). In order to compete in this changing environment, they need to face the challenge of creating new successful business models (Frei, 2008;Schleicher-Tappeser, 2012).…”

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confidence: 99%

General Business Model Patterns for Local Energy Management Concepts

Facchinetti

Sulzer

2016

Front. Energy Res.

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The transition toward a more sustainable global energy system, significantly relying on renewable energies and decentralized energy systems, requires a deep reorganization of the energy sector. The way how energy services are generated, delivered, and traded is expected to be very different in the coming years. Business model innovation is recognized as a key driver for the successful implementation of the energy turnaround. This work contributes to this topic by introducing a heuristic methodology easing the identification of general business model patterns best suited for Local Energy Management concepts such as Energy Hubs. A conceptual framework characterizing the Local Energy Management business model solution space is developed. Three reference business model patterns providing orientation across the defined solution space are identified, analyzed, and compared. Through a market review, a number of successfully implemented innovative business models have been analyzed and allocated within the defined solution space. The outcomes of this work offer to potential stakeholders a starting point and guidelines for the business model innovation process, as well as insights for policy makers on challenges and opportunities related to Local Energy Management concepts.

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What if…? Utility vision 2020

Cited by 11 publications

References 0 publications

Business model innovation for sustainable energy: German utilities and renewable energy

Business model innovation for sustainable energy: German utilities and renewable energy

Smart grids: Another step towards competition, energy security and climate change objectives

General Business Model Patterns for Local Energy Management Concepts

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