Open Access
New business models in electricity : the heavy, the light, and the ghost
Loading...
Files
PB_2019_08_FSR_Energy.pdf (688.07 KB)
Full-text in Open Access
License
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
2467-4540
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Citation
Policy Briefs; 2019/08; Florence School of Regulation; Energy; Electricity
Cite
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
Abstract
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.