Policy makers need new business models as much as new business models need policy makers. This was one unexpected conclusion from some of our latest research on the new business models that are emerging in the distributed energy and connectivity markets we track.
We didn’t set out to prove this thesis. Our main aim of our latest research 'New Business Models for Micro-CHP" (published 16 January) was to develop an effective framework for analysing these business models, and test the hypothesis that they are all about 'getting to volumes' for new innovative (more expensive) home energy products. (More on this in my next blog).
So why do new business models need policy makers?
For new technologies - like micro-CHP, fuel cell or heat pumps - new business models have emerged as a response to: