2019
DOI: 10.3390/su11030857
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Lessons Learned from Establishing the Energy-Informatics Business Model: Case of a German Energy Company

Abstract: Energy and utilities companies find themselves in a paradoxical situation in which their traditional business models are losing profitability, and they must advocate energy efficiency and climate-protection goals, and thus encourage their customers to save energy. As a result, they must partially cannibalize their business models and experiment with new models and techniques. Energy Informatics (EI) offers promising business opportunities that alleviate the concerns of energy companies about traditional revenu… Show more

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Cited by 11 publications
(7 citation statements)
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References 52 publications
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“…Answering questions on how and why, i.e., questions that have a more explanatory character, case studies are considered to be a particularly suitable research strategy [70]. For example, case studies have been used successfully to analyze sustainability issues like transitions of family firms towards a circular economy model [71], or transitions of established energy and utility firms towards energy informatics business models [72]. The German software manufacturer SAP was selected as the object of investigation for this case study.…”
Section: Methodology and Case Descriptionmentioning
confidence: 99%
“…Answering questions on how and why, i.e., questions that have a more explanatory character, case studies are considered to be a particularly suitable research strategy [70]. For example, case studies have been used successfully to analyze sustainability issues like transitions of family firms towards a circular economy model [71], or transitions of established energy and utility firms towards energy informatics business models [72]. The German software manufacturer SAP was selected as the object of investigation for this case study.…”
Section: Methodology and Case Descriptionmentioning
confidence: 99%
“…Energy economics is another signi cant theme that has been driving research and investment in EI. In addition, the nature of the energy business is also changing, forcing energy companies to innovate new business models to maintain a steady revenue stream in a uctuating energy market [49]. The energy economics theme spans both the demand and supply sides, and similarly, the application of EI spans both the demand and supply sides [48] [50].…”
Section: Energy Economicsmentioning
confidence: 99%
“…Environmental, economic, and societal sustainability can be achieved thanks to the interdisciplinary approach provided by energy informatics [ 54 ] because ICT allows environmental and energy efficiency issues to be handled effectively [ 55 ]. Indeed, energy informatics offers promising opportunities for energy and utilities companies to experiment with new business models for addressing energy efficiency and climate-protection goals, and thus encourages their customers to save energy [ 56 ]. From this point of view, the concept of “eco-cities” arises as the most environmentally sound model of sustainable urbanism.…”
Section: Research Trends In Energy Informaticsmentioning
confidence: 99%
“…There is one important final point to make concerning new business models affected by the energy informatics concept. Energy service companies (ESCOs) find themselves in a paradoxical situation in which their traditional business models are losing profitability when they have to consider energy efficiency and climate-protection goals, and thus encourage their customers to save energy [ 56 ]. From this perspective, three types of technology can create an intelligent energy-management system including flow networks, sensor networks, and sensitized objects [ 29 , 56 ].…”
Section: Industrial Innovation Driven By Energy Informaticsmentioning
confidence: 99%