Timing-based business models for flexibility creation
Type
work report
Date Issued
2015-11-13
Author(s)
Loock, M.
;
Reuter, E.
;
Bohnsack, R.
;
Adank, A,
Abstract (De)
This document presents deliverable 2.1. of the EMPOWER project. First, we uncovered a framework that depicts five generic business models, which are particularly likely to provide flexibility through timing. We refer to these business models as follows: trading and storage, power plant optimization, large-scale demand response, virtual power plants and small scale demand response. In a second step, we point to four different forces that shape timingbased business models for flexibility creation: local regulations, local technical systemset-up, local patterns of social acceptance, and local ownership claims. Second, and in order to develop an understanding of the development of timing-based business models for flexibility creation, we build on the idea of business modelling. Business modelling refers to the process through which manager use simple rules to configure different types of services that are supported by a platform and easy-to-use. It also involves local fitting, that is, the process through which managers ensure that the configuration of services fit local regulations, local technical system-set-up, local patterns of social acceptance, and local ownership claims. This EMPOWER specific process of business modelling is tested in different settings, specifically with executives in start-ups, utilities, as well as with executives enrolled in various executive education programs. It is continuously being refined and optimized in different workshops. Based on these findings, we present a set of guiding rules for the development of flexibilitybased business models in EMPOWER.
Language
English
HSG Classification
contribution to practical use / society
Official URL
Subject(s)
Eprints ID
249205