The electricity sector is facing a new wave of changes supported by new business models, two of which are key to our understanding of the ongoing transformations. The first model secures ex-ante investments into fixed cost generation assets with guaranteed long-term revenue streams. It is typical of investments into green generation, be they wind or solar, onshore or offshore, utility-scale or individual prosumer, within regulated schemes or private bilateral contracting. The second model is built with the light asset approach typical of the digitalisation era. It favours particular product characteristics for targeted customers and has many variants: aggregators as new intermediaries; digital platforms bypassing intermediaries; direct peer-to-peer exchange such as blockchain; fleets of consumption, generation and storage devices managed ‘behind the meter’, such as mini-grids or off-grid. Between the two, transmission and distribution grids will have to reinvent, as much as regulatory frames will permit, to create efficient loops of deeper interaction with the active users of the grids in operation and investments.
This special issue of Network Industries Quarterly is dedicated to the European Green Deal and its implications for the transport sector. In its long-term decarbonisation strategy ‘A Clean Planet for [...]
The Covid-19 pandemic and the consequent lockdown exacerbated energy poverty and insecurity for millions of customers worldwide. Many governments introduced emergency measures to protect energy consumers in this very delicate [...]
An inadequate bidding zone configuration for the EU electricity market risks jeopardising the benefits of market integration for energy consumers, by increasing the need for costly remedial actions. According to [...]
The purpose of this paper is to take stock of green securitization’s rationale, potential and pitfalls. It does so by first describing what green securitization is, and, identifying the diversity [...]
The Mobility-as-a-Service (MaaS) concept has recently attracted considerable interest among policy makers and the industry for its potential to improve the overall efficiency of the transport system and to reduce [...]
The Airspace Architecture Study (AAS), published in March 2019, set out a proposal for a future Single European Airspace System (SEAS) underpinned by optimised airspace organisation, progressively higher levels of [...]
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