Date: 2019
Type: Other
New business models in electricity : the heavy, the light, and the ghost
Policy Briefs, 2019/08, Florence School of Regulation, Energy, Electricity
ROSSETTO, Nicolò, DOS REIS, Piero Carlo, GLACHANT, Jean-Michel, New business models in electricity : the heavy, the light, and the ghost, Policy Briefs, 2019/08, Florence School of Regulation, Energy, Electricity - https://hdl.handle.net/1814/63464
Retrieved from Cadmus, EUI Research Repository
Highlights: - New ways to create and capture value are emerging in the electricity sector, with important implications. An understanding of their key drivers is fundamental. - Wind and solar, the two fastest-growing renewables, require investments in long-lived physical assets with negligible variable costs. Green generators must identify revenue streams that cover the upfront costs. While public support policies have mostly guaranteed generators’ income in the past, market-based solutions are now appearing. - Digitalisation is a second big change, currently addressing retail size units, expanding the availability and usability of information and the controllability of all the interconnected devices. Building on that, new players can develop innovative services targeting specific groups of customers without the need for a significant investment in physical capital. - Greening of generation and digitalisation of retail-size units deeply affect the activities of electricity grids, both transmission and distribution. The existing regulatory compact no longer looks suitable for adapting the current business model of grid companies.
Cadmus permanent link: https://hdl.handle.net/1814/63464
Full-text via DOI: 10.2870/777448
ISBN: 9789290847298
ISSN: 2467-4540
Series/Number: Policy Briefs; 2019/08; Florence School of Regulation; Energy; Electricity
Publisher: European University Institute
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