Analysis of Flexibility-centric Energy and Cross-sector Business Models

The new energy policies adopted by the European Union are set to help in the decarbonization of the energy system. In this context, the share of Variable Renewable Energy Sources is growing, affecting electricity markets, and increasing the need for system flexibility to accommodate their volatility. For this reason, legislation and incentives are being developed to engage consumers in the power sector activities and in providing their potential flexibility in the scope of grid system services. This work identifies energy and cross-sector Business Models (BM) centered on or linked to the provision of distributed flexibility to the DSO and TSO, building on those found in previous research projects or from companies' commercial proposals. These BM are described and classified according to the main actor. The remaining actors, their roles, the interactions among them, how value is created by the BM activities and their value propositions are also described.

Automated summary

The new energy policies of the European Union aim to decarbonize the energy system by promoting the use of variable renewable energy sources. To accommodate the volatility of these sources, there is a growing need for flexibility in the electricity markets, leading to the development of legislation and incentives to engage consumers in providing flexibility services to the grid system.