Reshaping the energy market and business models in the UK are essential to transforming the energy landscape.
The next few decades are expected to be among the most transformative the energy sector has ever seen and the energy industry is at the forefront of this process; investing billions to ensure the system is fit for the future. By 2035 Arup envisages a world with a much more diverse range of heating sources, with significantly lower emissions, and where all new vehicles are electric.
Critical to this change is the way the market is shaped. This study considers a number of new models which could emerge across the energy industry partly displacing the old corporate, national utility model. This guidance looks at the existing electricity supply model and alternative models such as energy service companies (ESCOs).
This business model guidance supports our in-depth perspective piece - Energy systems: A view from 2035