| Title | Future business models for Western Australian electricity utilities |
|---|---|
| ID_Doc | 78564 |
| Authors | Tayal, D; Rauland, V |
| Title | Future business models for Western Australian electricity utilities |
| Year | 2017 |
| Published | |
| Abstract | There is growing interest and investment in solar photovoltaic (PV) panels and battery storage systems, driven by the rapidly decreasing technology costs and the movement towards more sustainable energy solutions. The increasing adoption of solar and storage systems presents both a challenge and an opportunity for electricity utilities amidst wider technological disruption in the sector. This paper investigates how Western Australian utilities can best adapt to this disruption, and in particular, explores how existing business models will need to evolve beyond traditional energy economics. Distinctive characteristics of new business models are classified, before being qualified for appropriateness to the local Western Australian context through interviews with a variety of energy market participants. For Western Australian utilities, it is suggested that these characteristics be adopted in a modular approach, to ensure capabilities are maintained, costs minimised and customers retained. This research aims to fill this local context gap in existing literature, to inform Western Australian Government policy makers and industry participants on how to evolve their existing networks and processes to create innovative and sustainable electricity systems of the future. (C) 2016 Elsevier Ltd. All rights reserved. |
Similar Articles
| ID | Score | Article |
|---|---|---|
34377
|
Richter, M Utilities' business models for renewable energy: A review(2012)Renewable & Sustainable Energy Reviews, 16, 5 | |
| 71212
|
Richter, M German utilities and distributed PV: How to overcome barriers to business model innovation(2013) | |
| 78301
|
Burger, SP; Luke, M Business models for distributed energy resources: A review and empirical analysis(2017) | |
| 18397
|
Bryant, ST; Straker, K; Wrigley, C The discourses of power - governmental approaches to business models in the renewable energy transition(2019) | |
| 78339
|
Bankel, A; Mignon, I Solar business models from a firm perspective - an empirical study of the Swedish market(2022) | |
| 21880
|
Salim, HK; Stewart, RA; Sahin, O; Dudley, M Dynamic modelling of Australian rooftop solar photovoltaic product stewardship transition(2021) | |
| 78698
|
Brown, D; Hall, S; Davis, ME Prosumers in the post subsidy era: an exploration of new prosumer business models in the UK(2019) | |
| 70030
|
Shakeel, SR; Juntunen, JK; Rajala, A Business models for enhanced solar photovoltaic (PV) adoption: Transforming customer interaction and engagement practices(2024) | |
| 34502
|
Elmustapha, H; Hoppe, T Challenges and Opportunities of Business Models in Sustainable Transitions: Evidence from Solar Energy Niche Development in Lebanon(2020)Energies, 13, 3 | |
| 66044
|
Hall, S; Mazur, C; Hardy, J; Workman, M; Powell, M Prioritising business model innovation: What needs to change in the United Kingdom energy system to grow low carbon entrepreneurship?(2020) |