The next big thing or too big for us? New business models for renewable energy cooperatives – barriers in the perception of cooperatives’ members.
Prof Carsten Herbes, Nuertingen-Geislingen University, Germany Mr Vasco Brummer, Alanus University,Germany Ms Naomi Gericke, Alanus University, Germany Mrs Judith Rognli, Nuertingen-Geislingen University, Germany Prof Susanne Blazejewski, Alanus University,Germany Community energy projects and especially renewable energy cooperatives (RECs) have become an increasingly important element of energy markets in various European countries (Viardot et al. 2013). Especially in the German energy market, they have changed the long unaltered market structure. As of end of 2014, 973 RECs (Holstenkamp, Müller 2015) were operating in Germany with the 772 RECs founded since 2006 alone accounting for a total capacity of approximately one Gigawatt (DGRV 2015). However, most RECs have relied on an easily scalable, simple and low-risk business model: producing electricity with photovoltaic (PV) systems and receiving feed-in tariffs (FIT) stipulated by the Renewable Energy Act (REA) (Yildiz et al. 2015). With the recent disruptive changes in the REA, especially the tendering system increasingly replacing fixed FIT, RECs have to look into new business models which has already led to a steep decline in the number of newly established RECs in 2014. New business models that have been implemented Read more…Herbes-The-next-big-thing_FINAL.pdf 1.69 MBHerbes-The-next-bing-thing1.pdf 744.23 KB