Reference : Renewable electricity business models in a post feed-in tariff era

	Document type :	Scientific journals : Article
	Discipline(s) :	Engineering, computing & technology : Computer science Engineering, computing & technology : Energy Business & economic sciences : Management information systems
	Focus Areas :	Security, Reliability and Trust; Sustainable Development
	To cite this reference:	http://hdl.handle.net/10993/49098

Title :	Renewable electricity business models in a post feed-in tariff era
Language :	English
Author, co-author :	Rövekamp, Patrick [> >]
	Schöpf, Michael [> >]
	Wagon, Felix [> >]
	Weibelzahl, Martin [> >]
	Fridgen, Gilbert [University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX]
Publication date :	2021
Journal title :	Energy
Volume :	216
Pages :	119228
Peer reviewed :	Yes (verified by ORBilu)
Audience :	International
ISSN :	0360-5442
Keywords :	[en] Energy transition ; Renewable electricity sources ; Business model canvas ; Business model typology ; Feed-in tariffs ; Energy policy
Abstract :	[en] To expand intermittent renewable electricity sources (RESs), worldwide energy policy makers have introduced fixed feed-in tariffs (FITs). However, FITs typically expire after a limited time period. Due to the intermittent electricity supply of RES, market distortions, and insufficient flexibility options, exclusive participation in wholesale electricity markets might not be a viable business model for RES that no longer receive a FIT. Thus, it remains unclear which RES business models (RBMs) ensure a viable operation of RES in the post FIT era. To close this research gap, we present a typology encompassing five RBM archetypes: wholesale electricity market (1), physical power purchase agreements (2), nonphysical power purchase agreements (3), self-consumption (4), and on-site power-2-X (5). The typology includes three additional service layers, which may enhance the profitability of RBM archetypes by opening up additional revenue streams: infrastructure services (1), electricity storage services (2), and ancillary services (3). We highlight the need for new approaches to quantify the viability of RBM archetypes and services layers under different regulatory, technological, and market conditions. To prevent the imminent decommissioning of existing RESs, policy makers must shape the next era of the energy transition, weighting the implications of market-based and intervention-based energy policy approaches.
Permalink :	http://hdl.handle.net/10993/49098
DOI :	10.1016/j.energy.2020.119228
Other URL :	https://www.sciencedirect.com/science/article/pii/S0360544220323355
FnR project :	FnR ; FNR13342933 > Gilbert Fridgen > DFS > Paypal-fnr Pearl Chair In Digital Financial Services > 01/01/2020 > 31/12/2024 > 2019

	File(s) associated to this reference
	Fulltext file(s): File Commentary Version Size Access Open access 1-s2.0-S0360544220323355-main.pdf Publisher postprint 809.85 kB View/Open

All documents in ORBi^lu are protected by a user license.

 

University of Luxembourg Library |  Feedback |  Legal notices Site Map