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Digitization Era for Electric Utilities: A Novel Business Model Through an Inter-Disciplinary S/W Platform and Open Research Challenges

Authors: Prodromos Makris; Nikolaos Efthymiopoulos; Vassilis Nikolopoulos; Andrew Pomazanskyi; Boris Irmscher; Krassen Stefanov; Katina Pancheva; +1 Authors

Digitization Era for Electric Utilities: A Novel Business Model Through an Inter-Disciplinary S/W Platform and Open Research Challenges

Abstract

The digitization era for electric utilities is tightly coupled with the development of interdisciplinary software (S/W) platforms aiming at establishing much more efficient communication pathways with their clientele and other smart grid market stakeholders. This paper presents the SOCIALENERGY S/W platform, which is funded by the EU H2020 work programme. SOCIALENERGY is a user engagement, social networking, gamification, and business management platform aiming at evolving energy markets' operation and educating virtual energy communities. The proposed business model is targeted on electric utilities' customer segment. The proposed system is modular by design incorporating several subsystems from various disciplines, such as ICT, energy efficiency, behavioral economics, education, and gamification. The proposed system facilitates the easy, rich, and deep communication among individual energy consumers, virtual energy communities, utilities, and other less direct stakeholders (such as electric appliance retailers and building renovators). Finally, the paper provides important research/innovation insights and challenges to be addressed towards the proposed Green Social Response Network concept and the exploitation of SOCIALENERGY system as part of more complex systems for the 2030 smart grid era and beyond.

Keywords

Digital electric utilities, TK1-9971, green social network, demand response programs, behavioural change, virtual energy communities, Electrical engineering. Electronics. Nuclear engineering

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    19
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
19
Top 10%
Top 10%
Top 10%
gold