Ecosystem Based Business Model of Smart Grid

Morten Raahauge Lundgaard, Zheng Ma, Bo Nørregaard Jørgensen

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Abstract

This paper tries to investigate the ecosystem based business model in a smart grid infrastructure and the potential of value capture in the highly complex macro infrastructure such as smart grid. This paper proposes an alternative perspective to study the smart grid business ecosystem to support the infrastructural challenges, such as the interoperability of business components for smart grid. So far little research has explored the business ecosystem in the smart grid concept. The study on the smart grid with the theory of business ecosystem may open opportunities to understand market catalysts. This study contributes an understanding of business ecosystem applicable for smart grid. Smart grid infrastructure is an intricate business ecosystem, which have several intentions to deliver the value proposition and what it should be. The findings help to identify and capture value from markets.
Original languageEnglish
Title of host publicationSustainable Development
EditorsC. A. Brebbia
PublisherWIT Press
Publication date2015
Pages201-211
ISBN (Print)978-1-78466-157-1
ISBN (Electronic)978-1-78466-158-8
DOIs
Publication statusPublished - 2015
Event7th International Conference on Sustainable Development and Planning - Istanbul, Turkey
Duration: 19. May 201521. May 2015

Conference

Conference7th International Conference on Sustainable Development and Planning
Country/TerritoryTurkey
CityIstanbul
Period19/05/201521/05/2015
SeriesWIT Transactions on the Built Environment
Volume168
ISSN1746-4498

Keywords

  • Smart grid, Business ecosystem, Smart grid infrastructure, Business modeling.

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