The Business Models Working Group aims to establish a common language and frameworks for describing and valuating business models. This involves the identification and evaluation of both existing and novel business models derived from project demonstrations and use cases. Additionally, the WG is actively developing and testing a simulation tool that enables the comparative analysis of profitability among various business models applicable to smart grids and energy storage solutions.
The WG’s efforts are channeled into two key areas of interest:
- Tools for Evaluating Benefits and Values - Efforts are concentrated on designing tools to assess the benefits and values of services and solutions emerging from project activities. This includes exploring tools for capturing business ideas, constructing Business Models, and quantifying the benefits of services and solutions under different use case scenarios.
- Business Model Design for Data Value Chain Integration - The WG is engaged in crafting a business model that seamlessly incorporates the integration of the data value chain and the monetization of data. This exploration includes a detailed investigation into the types and characteristics of data value chains within BRIDGE projects, aiming to enhance observability and create additional social value.
To address these focus areas, three task forces have been established with the following objectives:
- Investigate the tools to capture business ideas and build Business Models
- Develop and refine quantification methods to assess the benefits of services and solutions under various use case scenarios
- Investigate the types and characteristics of data value chains within the Business Models of BRIDGE projects
For more information about this Working Group, please contact secretariat@horizon-bridge.eu
Chair:
Christina Papadimitriou
Co-Chair:
Evangelos Koulis
Honorary Co-Chair:
Andrej Gubina
