deen
deen
Kiwigrid Reimagine energy and mobility

5 Areas That Busi­ness­es Need to Evolve to Keep Up With the Chang­ing Ener­gy World

The ener­gy world is chang­ing. A new dis­trib­uted sys­tem encour­ages a more democ­ra­tized and effi­cient usage of ener­gy where power is removed from gen­er­a­tion and the grid to the cus­tomer. In future, it’s the cus­tomer who will occu­py the driver’s seat.  

This means that busi­ness­es will need to have evolved from how they cur­rent­ly oper­ate in the fol­low­ing five areas.  

1. Con­ver­gence 

It will be dif­fi­cult find­ing a way to bun­dle dis­trib­uted ener­gy resources and accom­pa­ny­ing ser­vices into one cus­tomer-cen­tric solu­tion. 

2. Dis­rup­tion 

The com­modi­ti­za­tion of ener­gy and hard­ware will require the intro­duc­tion of inte­grat­ed ener­gy and e-mobil­i­ty ser­vices, as well as the grad­ual replace­ment of today’s entire busi­ness mod­el. 

3. Secu­ri­ty 

The inte­gra­tion of dis­trib­uted ener­gy resources into grids will need to be secured, all while achiev­ing a more reli­able and sta­ble grid oper­a­tion. 

4. Speed 

To adapt to ever-chang­ing con­sumer behav­ior, util­i­ties and orig­i­nal equip­ment man­u­fac­tur­ers will need to per­form prod­uct and busi­ness mod­el inno­va­tion at scale. 

5. Reg­u­la­tion 

Busi­ness­es will need to reduce risk by ensur­ing com­pli­ance with reg­u­la­to­ry require­ments. 

 

The Euro­pean ener­gy indus­try is pro­gress­ing towards a sub­sidy-free mar­ket, giv­ing more pow­er to the end user.  

This means that numer­ous busi­ness mod­els will have to shift from hard­ware sales to ener­gy ser­vices, as there will be appetite to embrace this emerg­ing mar­ket on an indus­tri­al, com­mer­cial and res­i­den­tial lev­el. A good exam­ple can be seen in the ris­ing num­ber of PV sys­tem providers who gen­er­ate recur­ring rev­enues by also sup­ply­ing their cus­tomers with insights on their ener­gy usage. 

The ener­gy future resem­bles some­thing quite dif­fer­ent to before, with more shar­ing and car­ing than we’re used to.  

Stay informed and up to date with the devel­op­ments in a chang­ing ener­gy land­scape. Down­load the full mag­a­zine.

* Required field