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Business structure in renewable energy industry: Key areas

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  • Aslani, Alireza
  • Mohaghar, Ali

Abstract

Diffusion of renewable energy utilization is difficult because of its entrepreneurial nature and related technological, investment, political, and market uncertainties. Therefore, evaluation of business structure based on traditional business models is difficult in this industry. Although many countries have actively developed renewable energy technologies by both governments and private sector, business professionals are not still assured about participation and investment. Understanding the areas of business structure that lead to successful commercialization of renewable technologies has suitable research scope in this industry. The objective of this article is to identify key areas of business structure to allow newcomers to enter successfully in the renewable energy industry from engineering, policy, and business aspects. The innovative analysis leads to identification of seven sides of renewable energy business.

Suggested Citation

  • Aslani, Alireza & Mohaghar, Ali, 2013. "Business structure in renewable energy industry: Key areas," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 569-575.
  • Handle: RePEc:eee:rensus:v:27:y:2013:i:c:p:569-575
    DOI: 10.1016/j.rser.2013.07.021
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    14. Abdul, Daud & Wenqi, Jiang & Sameeroddin, Mohd, 2023. "Prioritization of ecopreneurship barriers overcoming renewable energy technologies promotion: A comparative analysis of novel spherical fuzzy and Pythagorean fuzzy AHP approach," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    15. Gabriel, Cle-Anne & Kirkwood, Jodyanne, 2016. "Business models for model businesses: Lessons from renewable energy entrepreneurs in developing countries," Energy Policy, Elsevier, vol. 95(C), pages 336-349.
    16. Mirzania, Pegah & Ford, Andy & Andrews, Deborah & Ofori, George & Maidment, Graeme, 2019. "The impact of policy changes: The opportunities of Community Renewable Energy projects in the UK and the barriers they face," Energy Policy, Elsevier, vol. 129(C), pages 1282-1296.
    17. Hafeznia, Hamed & Aslani, Alireza & Anwar, Sohail & Yousefjamali, Mahdis, 2017. "Analysis of the effectiveness of national renewable energy policies: A case of photovoltaic policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 669-680.
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    19. Specht, Jan Martin & Madlener, Reinhard, 2019. "Energy Supplier 2.0: A conceptual business model for energy suppliers aggregating flexible distributed assets and policy issues raised," Energy Policy, Elsevier, vol. 135(C).

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