Transformation of the Electric Utility Business Model: From Edison to Musk (Hardcover)

Transformation of the Electric Utility Business Model: From Edison to Musk By John Manshreck Cover Image
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Description


This book examines business model transformation through the study of electrical utilities, an industry at the center of today's efforts to combat climate change. When change comes to the business model of such a mature industry, the pattern is often recognizable. The foundational elements of the industry shift, allowing the innovation of business models by new competitors, while established firms face the threat of disruption. The utility sector, after decades of relative stability, is in the midst of such a transformation today. After providing a historical summary of the dominant business models of the utility sector, Transformation of the Electric Utility Business Model looks at the factors currently impacting the industry. Utilities and policy makers today are facing two long-term issues that will dominate their agendas in the coming decades: rebuilding utility infrastructure to enable the decarbonization of the economy, and managing the risk of catastrophic events that can leave large areas without power for extended periods. Fortunately, with proper planning, many utility investments in decarbonization will also support risk management. However, these investments are often not compatible with current utility business models, requiring creativity and new regulatory frameworks to successfully implement. This book considers the impact of these factors, and then discusses the future. This well-researched, extremely insightful book is essential reading for all those with an interest in business strategy, energy studies and sustainability.

About the Author


John Manshreck - a CPA and management consultant with over two decades of consulting experience to public utilities, particularly in areas of smart grid deployment and large capital projects. John holds a Bachelor of Commerce (Honours) from the University of Manitoba (Canada), an MBA from London Business School (United Kingdom), and a Doctorate of Business Administration from the Grenoble Ecole de Management (France).
Product Details
ISBN: 9783110713947
ISBN-10: 3110713942
Publisher: de Gruyter
Publication Date: December 6th, 2021
Pages: 252
Language: English