Energy Investments Business Model of Smart Grid and Sustainability

4 Pages Posted: 1 Jul 2019

See all articles by Pratibha Verma

Pratibha Verma

Himgiri Zee University

Mukesh C. Verma

Himgiri Zee University

Parikshit Kala

Himgiri Zee University

Date Written: March 14, 2019

Abstract

Our Indian power sector is transforming from old conventional system to sustainable and energy efficient smart system. New and smart projects require huge capital expenditure over a period of time. Consequently, the regulators must ensure that risk is to be least for investors and rational return on investment is ensured. Smart grid technologies may prove that power utilities can be part of low carbon emission in future. Huge investment will be required for smart gird projects and cost benefit analysis of smart grid Business Models is to be done very carefully for short term and long term objectives. Also, Indian government is planning to roll out huge pollution spreading diesel and petrol vehicles and replacing them by Electric vehicles by 2030, so smart grid projects are to be completed on or before such stipulated deadline. There is no fixed business model for smart grid and wide learning for Energy investments business models are to be explored. As it is clear that Government and utilities are suffering of money crunch and they are not able to have latest technologies in a single move. New innovative business model is to be analyzed which need less share of stakeholders and more involvement of technology partners.

Suggested Citation

Verma, Pratibha and Verma, Mukesh C. and Kala, Parikshit, Energy Investments Business Model of Smart Grid and Sustainability (March 14, 2019). International Conference on Advances in Engineering Science Management & Technology (ICAESMT) - 2019, Uttaranchal University, Dehradun, India. Available at SSRN: https://ssrn.com/abstract=3412101 or http://dx.doi.org/10.2139/ssrn.3412101

Pratibha Verma

Himgiri Zee University ( email )

Dehradun
India

Mukesh C. Verma

Himgiri Zee University ( email )

Dehradun
India

Parikshit Kala (Contact Author)

Himgiri Zee University ( email )

Dehradun
India

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