‘Renewable Energy + Energy Storage’ Business Model Innovation -- An Emerging Sustainable Business Model Innovation

Abstract

Recent reforms in the power industry include the promotion of ‘dual carbon’ targets, the development of large-scale and high-penetration, renewable energy and grid-connected consumption, and deep integration of digital technology and power services. The ‘renewable energy+energy storage’ combined innovation is the important direction of business model innovation for energy power enterprises. The data-driven, intelligent empowerment, green and low-carbon are all interesting items. This paper analyzed smart green business model innovation for the motivation, essential connotation and basic structure of ‘renewable energy+ energy storage’. Combining application scenarios, analyzing typical cases and practical effects of sustainable business model innovation were analyzed. the mechanism of digital technology empowering smart green energy business model innovation is explored. Finally, the general rules of sustainable business model innovation of smart green energy are summarized. The study will help power enterprises to promote the green and low-carbon transformation of energy and help to provide actionable guidance for achieving the goal of ‘double carbon’.