Abstract
This paper investigates emerging non-traditional business models for decentralised energy systems with a focus on the role of city-scale storage technologies. We discuss the key characteristics of the different business models which have been identified in the literature and we discuss case studies across the United Kingdom in order to illustrate the key factors which influence their adoption and implementation. On the basis of evidence from recent UK case studies we investigate the market and regulatory barriers, contractual and transactional issues which may prevent key actors from exploiting the full market potential of their assets. We find that emerging business models rely on a range of different revenue sources with some limitations due to complex contractual relations, regulatory barriers and limited access to markets for ancillary services. The evidence we provide can be used by companies and organisations intending to operate in this fast developing market and inform policymakers aiming to promote the expansion and improvement of emerging business models.
Original language | English |
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Pages (from-to) | 215-242 |
Number of pages | 28 |
Journal | Economia e Politica Industriale |
Volume | 45 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jun 2018 |
Keywords
- Business models
- Energy industry
- Storage
- Technology adoption