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Executive Summary:\ud \ud The EU's SET Plan has proposed the development of Positive Energy Districts (PEDs) to achieve the transition towards a more sustainable energy system through the adoption of renewable energy technologies and energy efficiency measures. PEDs are envisioned to be neighbourhoods that utilise such technologies and create an environment that enables citizens to lead environmentally‐friendly lifestyles. At their core, PEDs create value across three sustainability dimensions: environmental, social, and economic.\ud \ud PEDs and PED‐like projects can be developed in a variety of ways and are a product of the physical, social, and economic characteristics of the environment. Innovative business models – the configurations in which value is created, delivered, and captured – are integral to leveraging these contextual characteristics in order to achieve the goals of PEDs. This study aims to identify best practice cases and categorise them into archetypes of business models operating in PEDs in order to summarise the opportunities available in PED creation.\ud \ud The authors synthesise existing literature in the area of sustainable business models to develop a conceptual framework that analyses the extent to which the value dimensions of business models address the economic, social, and environmental dimensions of sustainability, with a focus on PEDs. This allows the building blocks of the original business model canvas to be modified and extended. The authors use a qualitative analytical approach, to a set of selected European cases, through the lens of the conceptual framework to identify business model archetypes of PEDs and PED‐like projects. |
