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Business Models in the Renewable Energy Industry

Business Models in the Renewable Energy Industry

Adrian Dumitru Tantau, Laurenţiu Cătălin Frăţilă
Copyright: © 2021 |Pages: 34
ISBN13: 9781799891529|ISBN10: 1799891526|EISBN13: 9781799891536
DOI: 10.4018/978-1-7998-9152-9.ch061
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MLA

Tantau, Adrian Dumitru, and Laurenţiu Cătălin Frăţilă. "Business Models in the Renewable Energy Industry." Research Anthology on Clean Energy Management and Solutions, edited by Information Resources Management Association, IGI Global, 2021, pp. 1405-1438. https://doi.org/10.4018/978-1-7998-9152-9.ch061

APA

Tantau, A. D. & Frăţilă, L. C. (2021). Business Models in the Renewable Energy Industry. In I. Management Association (Ed.), Research Anthology on Clean Energy Management and Solutions (pp. 1405-1438). IGI Global. https://doi.org/10.4018/978-1-7998-9152-9.ch061

Chicago

Tantau, Adrian Dumitru, and Laurenţiu Cătălin Frăţilă. "Business Models in the Renewable Energy Industry." In Research Anthology on Clean Energy Management and Solutions, edited by Information Resources Management Association, 1405-1438. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-9152-9.ch061

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Abstract

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.

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