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

Autor: Patrick Rövekamp, Felix Wagon, Martin Weibelzahl, Michael Schöpf, Gilbert Fridgen
Přispěvatelé: Publica
Rok vydání: 2021
Předmět:
Business model canvas
Energy [C07] [Engineering
computing & technology]

Mains electricity
020209 energy
Energie [C07] [Ingénierie
informatique & technologie]

02 engineering and technology
Energy transition
Business model
Industrial and Manufacturing Engineering
Energy policy
020401 chemical engineering
Gestion des systèmes d'information [B06] [Sciences économiques & de gestion]
ddc:330
0202 electrical engineering
electronic engineering
information engineering

Revenue
Electricity market
Management information systems [B06] [Business & economic sciences]
0204 chemical engineering
Electrical and Electronic Engineering
Feed-in tariff
Industrial organization
Civil and Structural Engineering
Computer science [C05] [Engineering
computing & technology]

business.industry
Mechanical Engineering
Renewable electricity sources
Building and Construction
Feed-in tariffs
Sciences informatiques [C05] [Ingénierie
informatique & technologie]

Pollution
General Energy
Business
Electricity
Business model typology
Zdroj: Energy. 216:119228
ISSN: 0360-5442
Popis: 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.
Databáze: OpenAIRE