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ID:
125612
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| Publication |
2013.
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| Summary/Abstract |
The Energy Service Company (ESCo) business model is designed to reward businesses by satisfying consumers' energy needs at less cost and with fewer carbon emissions via energy demand management and/or sustainable supply measures. In contrast, the revenue of the incumbent Energy Utility Company (EUCo) model is coupled with the sale of units of energy, which are predominantly sourced from fossil fuels. The latter is currently dominant in the UK. This paper addresses two questions. First, why has the ESCo model traditionally been confined to niche applications? Second, what role is the ESCo model likely to play in the transition to a low-carbon UK energy system? To answer these, the paper examines the core characteristics of the ESCo model, relative to the EUCo model. The paper then examines how ESCos have co-evolved with the various dimensions of the energy system (i.e. ecosystems, institutions, user practices, technologies and business models) to provide insight into how ESCos might help to shape the future UK energy system. We suggest that institutional and technological changes within the UK energy system could result in a more favourable selection environment for ESCos, consequently enabling the ESCo model to proliferate at the expense of the EUCo model.
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| 2 |
ID:
117667
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| 3 |
ID:
122735
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| Publication |
2013.
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| Summary/Abstract |
With the aim to achieve a sustainable future, the field of transition studies has recently received increasing attention. Transition thinking and transition management have even been provided with a prominent spot in strategies and policies of a growing number of countries. However, though various approaches to study transitions (in particular, sustainability transitions) have been discussed and used in the past, an overview of these - with their advantages and disadvantages - has not been provided yet. Furthermore, linkages between these approaches have also not been provided in a single overview.
This article fills that gap in literature on transitions. It starts with the emergence of the "transition" concept and follows it to the notion of "sustainability transitions". Next, the article reviews approaches to study transitions. Thereafter, the paper provides some general criticism as well as strengths and contributions from transition research approaches to provide an impetus towards further research in this field.
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