Business Model Innovation for Sustainable Energy: German Utilities and Renewable Energy
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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Business Model Innovation for Sustainable Energy : German Utilities and Renewable Energy. / Richter, Mario.
in: Energy Policy, Jahrgang 62, Nr. November, 11.2013, S. 1226-1237.Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Business Model Innovation for Sustainable Energy
T2 - German Utilities and Renewable Energy
AU - Richter, Mario
PY - 2013/11
Y1 - 2013/11
N2 - 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. 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 and organization theory practical recommendations for utility mangers and policy makers are derived.
AB - 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. 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 and organization theory practical recommendations for utility mangers and policy makers are derived.
KW - Sustainability sciences, Management & Economics
KW - Renewable Energy
KW - Utility
KW - business model innovation
KW - Business model innovation
KW - Renewable energy
KW - Utility
KW - Entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=84884983829&partnerID=8YFLogxK
U2 - 10.1016/j.enpol.2013.05.038
DO - 10.1016/j.enpol.2013.05.038
M3 - Journal articles
VL - 62
SP - 1226
EP - 1237
JO - Energy Policy
JF - Energy Policy
SN - 0301-4215
IS - November
ER -