Emerging Energy Carriers Sample Clauses

Emerging Energy Carriers. The methodology used regarding the development of the novel business models has two phases: (1) first phase initially checks whether the proposed business model archetype is “technically feasible” for a particular company and if feasible “how good” it is in terms of improving key performance indices for a particular company. In doing so, a list of requirements and critical factors that are relevant to the “technical feasibility” and the “additional value generated/fitness” is developed for each proposed BM archetype. The identification of such requirements and factors is based on both desk research and the feedback received from our industry partners through previous workshop and interviews, which will be further validated for Deliverable D3.3. Each factor is associated with particular objectives related with the three sustainability pillars: economic, social, and environmental. The first phase also outlines the methodology to measure the “scores” that a particular firm has for certain factors, which would yield the overall “fitness” of this business model. This model will be presented in detail in Deliverable D4.2. (2) In the second phase, challenges impeding the successful deployment of the BMs are defined as well as linked to the factors from the first phase. In order to help firms to deploy such models successfully, specific and concrete “solutions” are provided. The ultimate goal is to provide a decision support tool to help managers take some actions based on the solutions we provide in order to make sure that the scores a particular firm would have for the factors increase making the proposed business model more attractive. An overview of the methodology is depicted in Figure 1. The set of challenges and business solutions we present here definitely is not exhaustive as there may be other specific solutions for different value chains. Our intention in this research is to create a general guideline for companies introducing new business models, instead of defining a specific business model case.
Sample 1
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