Non-traditional business models for city-scale energy storage:evidence from UK case studies

Burlinson, Andrew ORCID: https://orcid.org/0000-0001-5156-0057 and Giulietti, Monica (2018) Non-traditional business models for city-scale energy storage:evidence from UK case studies. Economia e Politica Industriale, 45 (2). pp. 215-242. ISSN 0391-2078

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Abstract

This paper investigates emerging non-traditional business models for decentralised energy systems with a focus on the role of city-scale storage technologies. We discuss the key characteristics of the different business models which have been identified in the literature and we discuss case studies across the United Kingdom in order to illustrate the key factors which influence their adoption and implementation. On the basis of evidence from recent UK case studies we investigate the market and regulatory barriers, contractual and transactional issues which may prevent key actors from exploiting the full market potential of their assets. We find that emerging business models rely on a range of different revenue sources with some limitations due to complex contractual relations, regulatory barriers and limited access to markets for ancillary services. The evidence we provide can be used by companies and organisations intending to operate in this fast developing market and inform policymakers aiming to promote the expansion and improvement of emerging business models.

Item Type: Article
Additional Information: Funding Information: Acknowledgements The authors acknowledge financial support from the EPSRC (Grants EP/N001745/1 and EPR062258/1). Monica Giulietti also receives EPSRC funding (Grant EP/K002228). Funding Information: The 3-year SoLa Bristol project (2013–2016), led by a consortium of partners including Western Power Distribution (WPD), Siemens, Bristol City Council, and the University of Bath, received £2.8 million funding from the Office for Gas and Electricity Market’s (Ofgem9) Low Carbon Network Fund. This was a relatively early and innovative project that aimed to explore the value of energy storage at the domestic, commercial and DNO level of the energy system with funding form a mixed set of sources. Publisher Copyright: © 2017, Associazione Amici di Economia e Politica Industriale.
Uncontrolled Keywords: business models,energy industry,storage,technology adoption,business, management and accounting(all),economics, econometrics and finance(all) ,/dk/atira/pure/subjectarea/asjc/1400
Faculty \ School: Faculty of Social Sciences > Norwich Business School
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Depositing User: LivePure Connector
Date Deposited: 16 Dec 2022 10:32
Last Modified: 16 Dec 2022 10:32
URI: https://ueaeprints.uea.ac.uk/id/eprint/90257
DOI: 10.1007/s40812-017-0083-8

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