Development of a business model with consideration of a CSR Guideline
The EU project RESERVE deals with the conversion of electricity networks in Europe away from central, conventional electricity generation to the challenges of decentralized electricity generation from 100% renewable energies. This is made possible, among other things, by real-time communication between energy controllers and consumers, which is based on the successor technology of the current LTE, the 5G. Similarly, the high-voltage grid has to be re-dimensioned in this process in order to cushion the high volatility of renewable energies.
In this process, new business models emerge for the network operators, as well as in the mobile communications sector, which need not only be checked for meaningfulness. The consideration of Corporate Social Responsibility (CSR), i.e. the acceptance of the solutions with regard to economic, social and environmental aspects, plays an important role in the success of this project. For this purpose, it is necessary to know all stakeholder groups and to consider their concerns. The Chair of Management Accounting is instrumental in the creation of the business model and will be in charge of CSR Guidelines and their implementation.
Within the project, we are dealing with the following objectives:
1. RESERVE challenges
2. RESERVE approach to stability energy
3. Validation of RESERVE results
4. Beyond RESERVE exploitation and impact
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 727481.