Arbeitspapier

Evaluation of strategy of power generation business under large-scale integration of renewable energy

The German energy transition massively alters the market structure of electricity supply and forces incumbent electric utilities to rethink their business strategies. We analyze three main developments that undermine the former market dominance of the 'Big 4' incumbents in Germany. First, nuclear phase-out reduces their market shares and creates financial risk of nuclear waste decommissioning. Second, the large-scale integration of renewables fosters market entry from third parties and intensifies competition. Third, a possible coal-phase out in combination may have positive effects on market revenues but tends to increase regulatory risk. In total, incumbents face 'disruptive Challenges' and need to find new value-creating products and services beyond sole energy supply. Promising focus areas are renewable energies, the distribution business, and smart, customer-oriented solutions.

Sprache
Englisch

Erschienen in
Series: Bremen Energy Working Papers ; No. 23

Klassifikation
Wirtschaft
Electric Utilities
Production, Pricing, and Market Structure; Size Distribution of Firms
Thema
electric utilities
market structure
firm strategy

Ereignis
Geistige Schöpfung
(wer)
Brunekreeft, Gert
Buchmann, Marius
Hattori, Toru
Meyer, Roland
Ereignis
Veröffentlichung
(wer)
Jacobs University Bremen, Bremen Energy Research (BER)
(wo)
Bremen
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Brunekreeft, Gert
  • Buchmann, Marius
  • Hattori, Toru
  • Meyer, Roland
  • Jacobs University Bremen, Bremen Energy Research (BER)

Entstanden

  • 2016

Ähnliche Objekte (12)