@inproceedings{34d6c9e42099437c83576b82d8b11196,
title = "Electricity Utility Business Model Risks: A Case-study of South African Municipal Utilities",
abstract = "The global implications of the Paris Agreement, advances in technology and local social-economic factors are rapidly driving an energy transition that threatens existing utility business models. This work presents a preliminary analysis of the business model risks posed by global mega-trends and the local pressures on the South African municipal electricity utilities based on analysis of published literature and company documents. Using the Business Model Canvas (BMC) tool, the analysis divides the current utility business models into three elements: value proposition, creation and capture, and value capture. The results identify potential risks in the business model according to elements of the BMC to address the prevailing trends such as the energy shortage crisis, increased share of the renewable energy market, and changes in energy policies and legislation/regulations legislation.",
keywords = "Business model, electricity, risk, South Africa",
author = "B. Thwala and Mathaba, {T. N.D.}",
note = "Publisher Copyright: {\textcopyright} 2023 IEEE.; 2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023 ; Conference date: 18-12-2023 Through 21-12-2023",
year = "2023",
doi = "10.1109/IEEM58616.2023.10406850",
language = "English",
series = "2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "1603--1608",
booktitle = "2023 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2023",
address = "United States",
}
