Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability
Considering that non-renewable energy resources are dwindling, the smart grid turns out to be one of the most promising and compelling systems for the future of energy. Not only does it combine efficient energy consumption with avant-garde technologies related to renewable energies, but it is also c...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2014-09-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | http://www.mdpi.com/1996-1073/7/9/6142 |
| _version_ | 1828351010855190528 |
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| author | Jesús Rodríguez-Molina Margarita Martínez-Núñez José-Fernán Martínez Waldo Pérez-Aguiar |
| author_facet | Jesús Rodríguez-Molina Margarita Martínez-Núñez José-Fernán Martínez Waldo Pérez-Aguiar |
| author_sort | Jesús Rodríguez-Molina |
| collection | DOAJ |
| description | Considering that non-renewable energy resources are dwindling, the smart grid turns out to be one of the most promising and compelling systems for the future of energy. Not only does it combine efficient energy consumption with avant-garde technologies related to renewable energies, but it is also capable of providing several beneficial utilities, such as power monitoring and data provision. When smart grid end users turn into prosumers, they become arguably the most important value creators within the smart grid and a decisive agent of change in terms of electricity usage. There is a plethora of research and development areas related to the smart grid that can be exploited for new business opportunities, thus spawning another branch of the so-called “green economy” focused on turning smart energy usage into a profitable business. This paper deals with emerging business models for smart grid prosumers, their strengths and weaknesses and puts forward new prosumer-oriented business models, along with their value propositions. |
| first_indexed | 2024-04-14T01:33:20Z |
| format | Article |
| id | doaj.art-e9d19e76b7204b07b55746d4a16afbe8 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-14T01:33:20Z |
| publishDate | 2014-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-e9d19e76b7204b07b55746d4a16afbe82022-12-22T02:20:04ZengMDPI AGEnergies1996-10732014-09-01796142617110.3390/en7096142en7096142Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer ProfitabilityJesús Rodríguez-Molina0Margarita Martínez-Núñez1José-Fernán Martínez2Waldo Pérez-Aguiar3Research Center on Software Technologies and Multimedia Systems for Sustainability (CITSEM), Technical University of Madrid (UPM), Valencia Road, Km 7, Madrid 28031, SpainTeaching Department of Organizational Engineering, Business Management and Statistics, Technical University of Madrid (UPM), Valencia Road, Km 7, Madrid 28031, SpainResearch Center on Software Technologies and Multimedia Systems for Sustainability (CITSEM), Technical University of Madrid (UPM), Valencia Road, Km 7, Madrid 28031, SpainTeaching Department of Organizational Engineering, Business Management and Statistics, Technical University of Madrid (UPM), Valencia Road, Km 7, Madrid 28031, SpainConsidering that non-renewable energy resources are dwindling, the smart grid turns out to be one of the most promising and compelling systems for the future of energy. Not only does it combine efficient energy consumption with avant-garde technologies related to renewable energies, but it is also capable of providing several beneficial utilities, such as power monitoring and data provision. When smart grid end users turn into prosumers, they become arguably the most important value creators within the smart grid and a decisive agent of change in terms of electricity usage. There is a plethora of research and development areas related to the smart grid that can be exploited for new business opportunities, thus spawning another branch of the so-called “green economy” focused on turning smart energy usage into a profitable business. This paper deals with emerging business models for smart grid prosumers, their strengths and weaknesses and puts forward new prosumer-oriented business models, along with their value propositions.http://www.mdpi.com/1996-1073/7/9/6142smart gridbusiness modelprosumer |
| spellingShingle | Jesús Rodríguez-Molina Margarita Martínez-Núñez José-Fernán Martínez Waldo Pérez-Aguiar Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability Energies smart grid business model prosumer |
| title | Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability |
| title_full | Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability |
| title_fullStr | Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability |
| title_full_unstemmed | Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability |
| title_short | Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability |
| title_sort | business models in the smart grid challenges opportunities and proposals for prosumer profitability |
| topic | smart grid business model prosumer |
| url | http://www.mdpi.com/1996-1073/7/9/6142 |
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