Description
Social Value and New Energy Business Models will introduce you to how businesses in a future flexible energy system can develop integrated energy solutions through identifying sources of value and for stakeholders from power networks to customers to regulators and to wider society. New low carbon business models are presented including flexibility services, transactive energy, distributed storage, electric vehicles, energy data, and more. The module covers a range of possible future energy system configurations as well as options for local networks and buildings, considering the influence of different stakeholders (local government, property owners, tenants, social landlords and others) and local constraints and opportunities. The module critically assesses both the advantages and disadvantages such business models present to society.
The module is taught using a combination of lectures and case-based teaching approach used in business schools. You will work in groups to develop presentations based on business cases focused on identifying value in the power system; ICT and data; local energy markets; wider benefits to society; and policy and regulation. Over each fortnight you will be presented with a new case, you will study the case and the literature, develop a team-based presentation, and deliver that in class. It is essential you are willing to proactively engage throughout the term in this process.
As this module assumes basic knowledge of the energy system, students must have completed some energy related modules at either UG or MSc level or have equivalent workplace experience. You are also expected to draw on prior personal experience, and knowledge from other modules, when preparing cases and participating in lectures. This module benefits from participation from students from a range of programmes and backgrounds.Ìý
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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