Business model canvas for home energy storage

What is the business model canvas?

The Business Model Canvas allows electricity retailers to find new business models. Smart meters and orchestrated distributed energy resources create joint added value. New business models enable customers to become more self-sufficient and sustainable.

What is the difference between business model canvas and Lean Canvas?

The Business Model Canvas and the Lean Canvas frameworks are used to characterize and compare these archetypes. The main differences between business models are examined to highlight the most relevant strengths and barriers for energy community development.

Are solar home systems a viable business model?

The commercial viability of the business models for solar home systems and pico systems in the reviewed studies rests largely on reducing their upfront cost through innovative payment plans for customers.

Are innovative business models a low-cost option for energy access?

Innovation in solar PV technologies and new business models for underserved markets have become a least-cost option for energy access [ 73 ]. The emergence of innovative business models is designed to narrow the affordability gap and increase their diffusion in low-income markets.

Does a business model canvas improve creativity?

Although the most successful business model innovation methodologies are the business model canvas and business model patterns, empirical research on the business model canvas’s effectiveness for idea creation and group communication, Eppler et al. find that it can considerably improve collaboration while significantly diminishing creativity .

How to make energy storage bankable?

Stacking of payments is the most common way to make the business model for energy storage bankable whilst optimizing services to the grid. In its simplest version it contains: Let the best technology provide the service(s) the grid needs. Thinking of technology first could do the grid a diservice. l o n e p ro je c t s ? I t d e p e n d s ... .