| Title |
Lessons Learned from Establishing the Energy-Informatics Business Model: Case of a German Energy Company |
| ID_Doc |
34213 |
| Authors |
Grosse, M; Send, H; Schildhauer, T |
| Title |
Lessons Learned from Establishing the Energy-Informatics Business Model: Case of a German Energy Company |
| Year |
2019 |
| Published |
Sustainability, 11, 3 |
| DOI |
10.3390/su11030857 |
| Abstract |
Energy and utilities companies find themselves in a paradoxical situation in which their traditional business models are losing profitability, and they must advocate energy efficiency and climate-protection goals, and thus encourage their customers to save energy. As a result, they must partially cannibalize their business models and experiment with new models and techniques. Energy Informatics (EI) offers promising business opportunities that alleviate the concerns of energy companies about traditional revenue streams. However, recent discussions on this issue lack proof of concept and success determinants. This business case study fills this gap by describing the journey of German energy company Energiequelle, which established a sustainable business model based on EI. On the basis of our interview data, we analyzed Energiequelle's EI strategy and stakeholder management and present six lessons learned. We believe that our practice-oriented research provides profound insight, especially to high-level executives and policymakers. |
| Author Keywords |
Energy Informatics; sustainable business model; stakeholder management; small medium enterprise; social challenges |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:000458929500302 |
| WoS Category |
Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies |
| Research Area |
Science & Technology - Other Topics; Environmental Sciences & Ecology |
| PDF |
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