Making energy service companies (ESCOS) future fit

Jim Scott

Making energy service companies (ESCOS) future fit

Jim Scott

Operations & Information Management

Research output: Chapter in Book/Published conference output › Conference publication

Abstract

Energy service companies (ESCOs) are faced with a range of challenges and opportunities associated with the rapidly changing and flexible requirements of energy customers (end users) and rapid improvements in technologies associated with energy and ICT. These opportunities for innovation include better prediction of energy demand, transparency of data to the end user, flexible and time dependent energy pricing and a range of novel finance models. The liberalisation of energy markets across the world has leads to a very small price differential between suppliers on the unit cost of energy. Energy companies are therefore looking to add additional layers of value using service models borrowed from the manufacturing industry. This opens a range of new product and service offerings to energy markets and consumers and has implications for the overall efficiency, utility and price of energy provision.

Original language	English
Title of host publication	Growth through servitization
Subtitle of host publication	drivers, enablers, processes and impact (SSC2014) : proceedings of the Spring Servitization Conference
Editors	Tim Baines, Ben Clegg, David Harrison
Place of Publication	Birmingham (UK)
Publisher	Aston University
Pages	112-117
Number of pages	6
ISBN (Print)	978-1-85449-472-6
Publication status	Published - May 2014
Event	Spring Servitization Conference 2014 - Aston University, Birmingham, United Kingdom Duration: 2 May 2014 → 14 May 2014

Conference

Conference	Spring Servitization Conference 2014
Abbreviated title	SSC2014
Country/Territory	United Kingdom
City	Birmingham
Period	2/05/14 → 14/05/14

Bibliographical note

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Making energy service companies (ESCOS) future fit
© Aston Business School
Accepted author manuscript, 957 KB

4 Conference publication
1 Edited Book

Gamification: using gaming mechanics to promote a business
Petridis, P., Baines, T., Lightfoot, H. & Shi, V. G., May 2014, Growth through servitization: drivers, enablers, processes and impact (SSC2014) : proceedings of the Spring Servitization Conference. Baines, T., Clegg, B. & Harrison, D. (eds.). Birmingham (UK): Aston University, p. 166-172 7 p.
Research output: Chapter in Book/Published conference output › Conference publication

Open Access
File
Gamification for servitization
Shi, V. G., Petridis, P., Baines, T. & Lightfoot, H., May 2014, Growth through servitization: drivers, enablers, processes and impact (SSC2014) : proceedings of the Spring Servitization Conference. Baines, T., Clegg, B. & Harrison, D. (eds.). Birmingham (UK): Aston University, p. 159-165 7 p.
Research output: Chapter in Book/Published conference output › Conference publication

Open Access
File
Growth through servitization: drivers, enablers, processes and impact (SSC2014)
Baines, T. (Editor), Clegg, B. (Editor) & Harrison, D. (Editor), May 2014, Birmingham (UK): Aston University. 204 p.
Research output: Book/Report › Edited Book

Open Access
File

Cite this

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title = "Making energy service companies (ESCOS) future fit",

abstract = "Energy service companies (ESCOs) are faced with a range of challenges and opportunities associated with the rapidly changing and flexible requirements of energy customers (end users) and rapid improvements in technologies associated with energy and ICT. These opportunities for innovation include better prediction of energy demand, transparency of data to the end user, flexible and time dependent energy pricing and a range of novel finance models. The liberalisation of energy markets across the world has leads to a very small price differential between suppliers on the unit cost of energy. Energy companies are therefore looking to add additional layers of value using service models borrowed from the manufacturing industry. This opens a range of new product and service offerings to energy markets and consumers and has implications for the overall efficiency, utility and price of energy provision.",

author = "Jim Scott",

note = "{\textcopyright} Aston Business School; Spring Servitization Conference 2014, SSC2014 ; Conference date: 02-05-2014 Through 14-05-2014",

year = "2014",

month = may,

language = "English",

isbn = "978-1-85449-472-6",

pages = "112--117",

editor = "Tim Baines and Ben Clegg and David Harrison",

booktitle = "Growth through servitization",

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}

Making energy service companies (ESCOS) future fit. / Scott, Jim.
Growth through servitization: drivers, enablers, processes and impact (SSC2014) : proceedings of the Spring Servitization Conference. ed. / Tim Baines; Ben Clegg; David Harrison. Birmingham (UK): Aston University, 2014. p. 112-117.

Research output: Chapter in Book/Published conference output › Conference publication

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T1 - Making energy service companies (ESCOS) future fit

AU - Scott, Jim

N1 - © Aston Business School

PY - 2014/5

Y1 - 2014/5

N2 - Energy service companies (ESCOs) are faced with a range of challenges and opportunities associated with the rapidly changing and flexible requirements of energy customers (end users) and rapid improvements in technologies associated with energy and ICT. These opportunities for innovation include better prediction of energy demand, transparency of data to the end user, flexible and time dependent energy pricing and a range of novel finance models. The liberalisation of energy markets across the world has leads to a very small price differential between suppliers on the unit cost of energy. Energy companies are therefore looking to add additional layers of value using service models borrowed from the manufacturing industry. This opens a range of new product and service offerings to energy markets and consumers and has implications for the overall efficiency, utility and price of energy provision.

AB - Energy service companies (ESCOs) are faced with a range of challenges and opportunities associated with the rapidly changing and flexible requirements of energy customers (end users) and rapid improvements in technologies associated with energy and ICT. These opportunities for innovation include better prediction of energy demand, transparency of data to the end user, flexible and time dependent energy pricing and a range of novel finance models. The liberalisation of energy markets across the world has leads to a very small price differential between suppliers on the unit cost of energy. Energy companies are therefore looking to add additional layers of value using service models borrowed from the manufacturing industry. This opens a range of new product and service offerings to energy markets and consumers and has implications for the overall efficiency, utility and price of energy provision.

M3 - Conference publication

SN - 978-1-85449-472-6

SP - 112

EP - 117

BT - Growth through servitization

A2 - Baines, Tim

A2 - Clegg, Ben

A2 - Harrison, David

PB - Aston University

CY - Birmingham (UK)

T2 - Spring Servitization Conference 2014

Y2 - 2 May 2014 through 14 May 2014

ER -

Making energy service companies (ESCOS) future fit

Abstract

Conference

Bibliographical note

Access to Document

Fingerprint

Research output

Gamification: using gaming mechanics to promote a business

Gamification for servitization

Growth through servitization: drivers, enablers, processes and impact (SSC2014)

Cite this