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Evolving Business Models in the Renewable Energy

Evolving Business Models in the Renewable Energy
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Author(s): Adrian Tantau (Bucharest University of Economic Studies, Romania)and Robert Staiger (E3xpert, Germany)
Copyright: 2020
Pages: 19
Source title: Sustainable Business: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-9615-8.ch018

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Abstract

New business models in the solar PV business were pushed from government policies worldwide for reducing GHG emissions. Therefore, PV system installments increase exorbitant in the last years with the consequences of constant falling of prices for PV system and energy. All these quickly changed conditions, means new flexible BM. Power purchase agreements, Product Service Systems, demand resource provider, energy performance contracts are evolving rapidly in the renewable energy business. There is a variation of new PV BM for use. PV represent a new energy source for producing H2 as a storable renewable fuel in an overcapacity situation. Using H2 in combination with other systems, like hybrid systems, heat pumps gives new unique business opportunities. Decentralization will be the key to success. Other applications like mobility and long term storage are other further alternatives in connections or combination with the volatile renewable energy sources.

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