New Energy Powers New Business Models
Add a new acronym to your glossary: EaaS. That’s “energy-as-a-service,” an innovation driven by radical change in the energy industry. Today’s energy landscape is fast-moving, increasingly more complex, and isn’t governed by a consistent set of commonly accepted rules. Issues of climate change, new technology, increasing regulations, and cost concerns are adding to the need for big change. Providers such as Edison International have launched dedicated EaaS entities to help companies adapt, reports Energy Manager Today. According to Edison Energy, the new concept of EaaS gives “users greater choice in how they create and manage their energy infrastructure.” There’s a clear, concise diagram of both old and new business models on the new company’s site.
John Howell, Editorial Director
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