Swedish researchers have recognized six enterprise fashions for the nation’s photo voltaic market and highlighted how corporations differ considerably of their approaches from policymakers and scientists. They analyzed knowledge from 241 photo voltaic corporations.
Researchers from Chalmers College of Expertise in Sweden have carried out a complete assessment of all enterprise fashions (BMs) which can be presently being carried out within the Swedish photo voltaic vitality market. They’ve discovered that there’s a deep mismatch between theoretical and empirical photo voltaic enterprise fashions.
“BMs are used on this context to explain and perceive the phenomenon of expertise diffusion and acceptance, slightly than to explain how a selected agency creates and captures worth,” the analysis group mentioned. “We declare that the best way these BMs are used and described within the literature doesn’t mirror the logic used empirically by photo voltaic companies when designing or speaking round their BMs.”
The scientists analyzed the BMs of 241 corporations in lively gross sales, venture growth, and set up of PV methods and recognized six foremost BM sorts which they outlined as Consulting BM, Expertise Provision BM, Turnkey BM, Leasing BM, EPC BM, and PPA BM.
“The Turnkey BM is essentially the most recurrent BM on the Swedish photo voltaic market, adopted by the Expertise Provision BM, and the Consulting BM. Leasing-, EPC- and PPA BMs are in distinction considerably uncommon amongst photo voltaic companies lively on the Swedish market,” they mentioned.
At this level, there should not many corporations within the large-scale PV section or the photo voltaic group enterprise, they famous.
“Swedish coverage devices have favored small-scale methods the place the one that consumes the photo voltaic vitality is identical one who buys and owns the system,” mentioned researcher Amanda Bankel. “Therefore, it isn’t stunning that we see many companies providing these options and just a few which can be aimed toward individuals who are not looking for, or have the chance, to spend money on their very own system.”
The research additionally famous the significance of a correlation between public insurance policies and the diffusion of sure enterprise fashions. They confirmed that photo voltaic corporations are presently designing and speaking their BMs with prospects in focus, which is a really totally different method to that described by previous analysis.
“To exemplify, photo voltaic BM literature view farmers, house constructing house owners, industrial property house owners, and municipalities as one cohesive group of traders that may be focused utilizing a industrial utility BM, whereas photo voltaic agency acknowledge the precise wants of those buyer segments and design their BMs to supply focused options, corresponding to particular person billing for flats or neutral help throughout tendering for municipalities,” mentioned the researcher.
The researchers offered their findings in “Solar business models from a firm perspective – an empirical study of the Swedish market,” which was just lately printed in Vitality Coverage.
“If Sweden is to attain its objective of 100% renewable electrical energy manufacturing by 2040, policymakers ought to be sure that extra individuals have entry to photo voltaic photovoltaics by selling various kinds of options,” mentioned Bankel.
Sweden’s operational PV capability hit 1.59 GW on the finish of December, up from 1.09 GW a yr earlier, based on provisional figures from the Swedish Vitality Company (Energimyndigheten)
The figures present that 2021 was the nation’s greatest for photo voltaic deployment but, with round 500 MW of latest capability added to the grid. The nation put in 400 MW in 2020, 287 MW in 2019, and 180 MW in 2018. Sweden now boasts round 92,360 PV arrays, with about 26,500 added final yr. In 2020, newly deployed installations stood at round 22,000.
