WIT Press


Ecosystem Based Business Model Of A Smart Grid

Price

Free (open access)

Paper DOI

10.2495/SD150181

Volume

168

Pages

11

Page Range

201 - 211

Published

2015

Size

618 kb

Author(s)

M. Lundgaard, Z. Ma, B. N. Jørgensen

Abstract

This paper investigates an ecosystem based business model in a smart grid infrastructure and the potential of value capture in a highly complex macro infrastructure such as a smart grid. It proposes an alternative perspective in studying the smart grid business ecosystem to support infrastructural challenges, such as the interoperability of business components for a smart grid. So far, little research has explored the business ecosystem in the smart grid concept. A study on a smart grid with the theory of business ecosystem may open opportunities to understand market catalysts. This study contributes towards an understanding of a business ecosystem applicable for a smart grid. Smart grid infrastructure is an intricate business ecosystem, which has several intentions to deliver the value proposition and what it should be. The findings help to identify and capture value from markets.

Keywords

smart grid, business ecosystem, smart grid infrastructure, business modeling