Business Models in Renewable Energy Industry

Business models (BM) are, at present, a dynamic model that is continuously evaluated. The main research approaches are analyzing BM from different perspectives: resource oriented, transaction narrative and also from an entrepreneurship perspective. There remains to be seen how new business models are defined based on innovation and technological improvements for the distribution of renewable energy. Nowadays, on the global political agenda, renewable energy is a solution for reducing the greenhouse gases and their impact to climate change. In order to fulfill the European Union targets for reducing the greenhouse gas emission the EU countries introduced promotion models for renewable energy that are also an opportunity for new business ideas. The selected case studies analyze the main support schemes that are implemented in Europe, for example the Feed in Tariff in Germany and Green Certificates in Romania. Unfortunately, the process of transition to renewable energy is not so easy. The authors are analyzing the main obstacles related to the development of renewable energy and based on a questionnaire research studies they further analyze the main risk factors in the photovoltaic sector in Romania. This chapter should give an overview about the business models and the related opportunities and obstacles for the transition to renewable energy in Europe.

2020 ◽  
pp. 318-348
Author(s):  
Adrian Tantau ◽  
Robert Staiger

Business models (BM) are, at present, a dynamic model that is continuously evaluated. The main research approaches are analyzing BM from different perspectives: resource oriented, transaction narrative and also from an entrepreneurship perspective. There remains to be seen how new business models are defined based on innovation and technological improvements for the distribution of renewable energy. Nowadays, on the global political agenda, renewable energy is a solution for reducing the greenhouse gases and their impact to climate change. In order to fulfill the European Union targets for reducing the greenhouse gas emission the EU countries introduced promotion models for renewable energy that are also an opportunity for new business ideas. The selected case studies analyze the main support schemes that are implemented in Europe, for example the Feed in Tariff in Germany and Green Certificates in Romania. Unfortunately, the process of transition to renewable energy is not so easy. The authors are analyzing the main obstacles related to the development of renewable energy and based on a questionnaire research studies they further analyze the main risk factors in the photovoltaic sector in Romania. This chapter should give an overview about the business models and the related opportunities and obstacles for the transition to renewable energy in Europe.


2020 ◽  
Vol 12 (9) ◽  
pp. 3762 ◽  
Author(s):  
Anastasios Tsakalidis ◽  
Konstantinos Gkoumas ◽  
Ferenc Pekár

The European Commission’s Communication on a European Green Deal sets out the objective of achieving climate neutrality by 2050, which will require a reduction in transport emissions. To this aim, digital technologies, together with connectivity and automation, are transforming traditional concepts of mobility, with a potential impact towards transport decarbonisation. New business models are emerging and giving rise to innovative mobility services including new online platforms for car-pooling, car or bicycle sharing services, freight operations, or smartphone applications offering real-time travel information and other analytics. This study provides an overview of the European Union (EU) funded research and innovation (R&I) and related technologies that are influencing the uptake of digital transformation in transport and identifies issues and challenges from a European perspective. To that end, it follows a two-tier approach that examines policy and legislative initiatives from the European Commission, highlighting possible challenges and enablers. Moreover, it analyses transport technology developments in Europe, focusing on the technology maturity from EU R&I framework programmes, using the European Commission’s Transport Research and Innovation Monitoring and Information System (TRIMIS). The technology analysis provides insights that aid policy decisions related to funding allocation in future R&I framework programmes.


Energy Policy ◽  
2017 ◽  
Vol 109 ◽  
pp. 82-95 ◽  
Author(s):  
Carsten Herbes ◽  
Vasco Brummer ◽  
Judith Rognli ◽  
Susanne Blazejewski ◽  
Naomi Gericke

2019 ◽  
Vol 8 (3) ◽  
pp. 5496-5498

Methanol (CH3OH) and ethanol (C2H5OH) have came to limelight now-a-days because of their property of less polluting emittants and thought of as extremely economical due to its swish operative capacity. Low particulate level and soot free emission can also be obtained due to presence of oxygen in these fuels. We can obtain a considerable fuel efficiency and sound mileage if we double the carbon in ethanol which contains more energy. The structure is more similar to iso-butanol. Iso-butanol is unique in alcoholic fuels due to its equatorial affinity for water. The worldwide energy policy also aims to reduce greenhouse gas emissions occurred due to traditional fuels and thus developing renewable energy became an important part of this policy. Now-a-days transport sector has decreased its reliance on oil which generally contributes to hazardous environmental impact and to achieve this some alternative transport fuels such as biofuels, hydrogen and natural gas emerged up as a helping hand. Blending methanol into diesel and gasoline permits the mixture to possess an entire combustion with the presence of oxygen which increases its combustion efficiency and reduces greenhouse gas emission. Gasohol- a blend of gasoline and 10%methanol is available at plenty of petrol service stations as a regular automobile fuel within the United States. Brazil has successfully implemented and used methanol in terms of spark ignition engine operations as a fuel. Methanol has emerged up as a sustainable fuel for IC engines in past few decades because of its characteristics of soot free burning and higher efficiencies at less cost. The European Union decided to set 10% requirement of renewable energy in transport sector which is to be compiled with by 2020. In 2010, the transport sector utilized 4.70% of renewable energy out of which 91% was covered by biofuels. This paper discusses significance of methanol as a fuel for IC engines and its applicability in various sectors


2021 ◽  
Vol 1 (3) ◽  
pp. 1-12
Author(s):  
Sofia Lewis Lopes ◽  
Elizabeth Duarte ◽  
Rita Fragoso

The exponential population growth will put great pressure on natural resources, agriculture, energy systems and waste production. New business models and innovative technological approaches are necessary to tackle these challenges and achieve the energy transition targets set by the European Commission. Renewable energy technologies and processes such as solar photovoltaic, solar thermal and anaerobic co-digestion have become a subject of interest and research as a solution that could be fully implemented in industries and solve several environmental and economic problems. This paper discusses the possibility of integrating and complement these technologies to maximize renewable energy production and circularity. The review was performed with a funnel approach aiming to analyze broad to specific subjects. Beginning with a literature review on the various definitions of circular economy, bioeconomy, and circular bioeconomy, ultimately proposing a single definition according to an industrial and academic scope combination, followed by a systematization and assessment of data and literature regarding energy systems present state and projections. The next phase was to assess data and literature of the fruit and vegetable processing industry from an energy consumption and biowaste production perspective to consequently discussing technologies that could help manage problems identified throughout this review. This paper culminates in propounding an Integrated Renewable Energy System conceptual model that promotes energy and waste circularity, envisioning how industries could be designed or redesigned in the future, coupled with a circular bioeconomy business model.


2020 ◽  
pp. 1374-1391
Author(s):  
Adrian Tantau ◽  
Laurenţiu Cătălin Frăţilă

The renewable energy industry represents a very dynamic sector, connected with other economic sectors. The trends in this field are numerous and various. The setting of EU targets for greenhouse gas emission reduction is a policy at European level. The huge amount of data calls for the use of complex data processing equipment and systems, so now we can talk about the smart grid, decentralization, the Energy Management System and the Energy storage system. Business development requires very large investments and various financing methods, but especially well-detailed and reasoned business models that can be adapted to local conditions. There are changes at the level of HR through the creation of new specific jobs, as well as continuous training for specialists. The main objective of this chapter is to present the major trends related to the renewable energy sector and their impact on the economic development and on the environment. This chapter presents 18 main trends identified by the authors and analyzed in the renewable energy field. Each of these trends follows in a brief overview the actual situation and the future perspective.


2020 ◽  
pp. 395-413
Author(s):  
Adrian Tantau ◽  
Robert Staiger

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.


Author(s):  
Adrian Dumitru Tantau ◽  
Laurenţiu Cătălin Frăţilă

Business models in the energy field are continuously developed in parallel with the transformation stages of the energy systems from the decentralized energy systems to centralized energy systems, to distributed energy systems and to smart energy systems. Concerning different specific approaches to business models we have selected a structure that helps the understanding of the main elements of a business model and also its specificity for renewable energy. The business models based on added value and the innovation as main added value represent the core of this chapter. The global trend to clean energy, to a low carbon economy and the related new technologies and new life standards represent opportunities that could be used by entrepreneurs in order to develop and implement new business ideas. The process of business ideas development is analyzed starting with creativity technics and it also includes also innovative measures to protect new business ideas. The main objective of this chapter is to understand the importance of business models and to know how to develop a business model with its specificity for the renewable energy field.


Author(s):  
Adrian Tantau ◽  
Robert Staiger

The renewable energy business increase its volume each year due to the technology development and due to new business opportunities based on international (e.g., EU) and national support schemes, that have the goal to reduce the CO2 and other emissions of GHG. This chapter presents the main trends in the renewable energy business with main focus on the PV and H2 business. The objective of this chapter is to design a picture of the future of the renewable energy and not only. It is a view of the future of our planet in a dynamic environment characterized by proliferation of new renewable energy installments that are more personalized due to the diffusion of new information and communication technologies (IoT, Big Data, Smart grid) and new business models. The chapter offer an answer regarding to the future of renewable energy business in general, and to the future of PV and H2 business in special.


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