4.0 Article

The Nexus between Market Needs and Value Attributes of Smart City Solutions towards Energy Transition. An Empirical Evidence of Two European Union (EU) Smart Cities, Evora and Alkmaar

Journal

SMART CITIES
Volume 3, Issue 3, Pages 604-641

Publisher

MDPI
DOI: 10.3390/smartcities3030032

Keywords

smart cities; monitoring; innovation; market; energy transition; business models; cultural heritage

Funding

  1. European Union [864400]

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This study presents an experiential process and a market-oriented approach for realizing cities' energy transition through smart solutions. The aim of this study is twofold: (a) present a process for defining a repository of innovative solutions that can be applied at building, district, or city level, for two European Union cities, Evora and Alkmaar, and support the deployment of positive energy districts enabling a sustainable energy transition, and (b) understand in a systematic way the attributes of value offered by energy-related smart city solutions, in order to facilitate the development of sustainable value propositions that can successfully address city needs. The repository is assessed against four elements of value, which include social impact, life-changing, emotional, and functional attributes, according to the value pyramid of Maslow. Results show that the value attributes of quality, motivation, integration, cost reduction, information, and organization are highly relevant to the proposed smart solutions. The results presented in this study are useful for city planners, decision-makers, public bodies, citizens, and businesses interested in designing their energy transition strategy and defining novel technologies that promote urban energy sustainability.

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