Digitalisation and New Business Models in Energy Sector

Sinan Küfeoglu, Gaomin Liu, Karim Anaya and Michael Pollitt

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: This paper reviews digitalisation in energy sector by looking at the business models of 40 interesting new start-up energy companies from around the world. These start-ups have been facilitated by the rise of distributed generation, much of it intermittent in nature. We review Artificial Intelligence (AI), Machine Learning, Deep Learning and Blockchain applications in energy sector. We discuss the rise of prosumers and small-scale renewable generation, highlighting the role of Feed-in-Tariffs (FITs), the Distribution System Platform concept and the potential for Peer-to-Peer (P2P) trading. Our aim is to help energy regulators calibrate their support new business models.

Keywords: Feed-in tariff; Distribution System Platform; Peer-to-Peer; Blockchain (search for similar items in EconPapers)
JEL-codes: L94 (search for similar items in EconPapers)
Date: 2019-06-25
New Economics Papers: this item is included in nep-big, nep-cmp, nep-ene, nep-ind and nep-pay
Note: mgp20
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

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Related works:
Working Paper: Digitalisation and New Business Models in Energy Sector (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:1956

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