| Item Type |
Journal paper
|
| Abstract |
Energy policies in many countries push for an increase in the generation of wind and solar power. Along these developments, the balance between supply and demand becomes more challenging as the generation of wind and solar power is volatile, and flexibility of supply and demand becomes valuable. As a consequence, companies in the electric power sector develop new business models that create flexibility through activities of timing supply and demand. Based on an extensive qualitative analysis of interviews and industry research in the energy industry, the paper at hand explores the role of timing-based business models in the power sector and sheds light on the mechanisms of flexibility creation through timing. In particular we distill four ideal-type business models of flexibility creation with timing and reveal how they can be classified along two dimensions, namely costs of multiplicity and intervention costs. We put forward that these business models offer ‘coupled services’, combining resource-centered and service-centered perspectives. This complementary character has important implications for energy policy. |
| Authors |
Helms, Thorsten; Loock, Moritz & Bohnsack, René |
| Projects |
Loock, Moritz; Reuter, Emmanuelle & Bohnsack, René
(2015)
EMPOWER - Local Electricity Retail Markets for Prosumer Smart Grid Power Services
[fundamental research project]
Official URL
|
| Journal or Publication Title |
Energy Policy |
| Language |
English |
| Subjects |
business studies |
| HSG Classification |
contribution to scientific community |
| Refereed |
Yes |
| Date |
May 2016 |
| Publisher |
Elsevier |
| Place of Publication |
Oxford |
| Volume |
92 |
| Page Range |
348-358 |
| ISSN |
0301-4215 |
| ISSN-Digital |
1873-6777 |
| Publisher DOI |
https://doi.org/10.1016/j.enpol.2016.02.036 |
| Depositing User |
Prof. Dr. Moritz Loock
|
| Date Deposited |
18 Feb 2016 19:53 |
| Last Modified |
20 Jul 2022 17:27 |
| URI: |
https://www.alexandria.unisg.ch/publications/247487 |
Timing-based business models for flexibility creation in the electric power sector
