Business models for interfirm energy cooperation in industrial parks: A possible taxonomy

Author/s Eleonora Annunziata, Francesco Rizzi, Tiberio Daddi, Marco Frey
Publishing Year 2020 Issue 2019/2 Language English
Pages 16 P. 133-148 File size 125 KB
DOI 10.3280/EFE2019-002006
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

Due to climate change and energy price volatility, companies are tackling an energy transition entailing the reconfiguration of energy and material flows within their production processes. In this context, interfirm energy cooperation among two or more companies presents an effective and innovative option for exploiting the benefits associated with the exchange of energy- related products and services. Therefore, this paper aims to investigate and categorize replicable mechanisms and solutions in terms of sustainable business models for reaching an effective and long-lasting interfirm energy cooperation in industrial parks. By assuming a park manager’ s perspective and developing a framework based on sustainable business model archetypes, three types of business models for implementing interfirm energy cooperation from mainly service-based to mainly product-based value propositions are identified and described. This paper provides indications for developing value proposition, value creation and delivery, and value capture in each type of business model, by discussing specific technical and organizational capabilities to be possessed and improved by park managers and park companies. Moreover, this study contributes to the literature on sustainable business models by exploring their systemic dimensions and provides managerial implications concerning the role of park managers.

Keywords: Energy cooperation, business model, value creation, industrial sustainability, sustainability innovation.

Jel codes: M10, M11, P08, Q42.

  1. Amit R., Zott C. (2001). Value creation in E-business. Strategic Management Journal, 22: 493-520.
  2. Beattie V., Smith S. (2013). Value creation and business models: refocusing the intellectual capital debate. The British Accounting Review, 45(4): 243-254.
  3. Block C., Van Praet B., Windels T., Vermeulen I., Dangreau G., Overmeire A., D’Hooge E., Maes T., Van Eetvelde G., Vandecasteele C. (2011). Toward a carbon dioxide neutral industrial park: a case study. Journal of Industrial Ecology, 15(4): 584-596.
  4. Bocken N. M. P., Short S. W., Rana P., Evans S. (2014). A literature and practice review to develop sustainable business model archetypes. Journal of Cleaner Production, 65: 42-56.
  5. Boons F., Lüdeke-Freund F. (2013). Business models for sustainable innovation: state-of- theart and steps towards a research agenda. Journal of Cleaner Production, 45: 9-19.
  6. Butturi M. A., Lolli F., Sellitto M. A., Balugani E., Gamberini R., Rimini B. (2019). Renewable energy in eco-industrial parks and urban-industrial symbiosis: A literature review and a conceptual synthesis. Applied Energy, 255.
  7. Casadesus-Masanell R., Ricart J. E. (2010). From strategy to business models and onto tactics. Long Range Planning, 43: 195-215.
  8. Charter M., Gray C., Clark T., Woolman T. (2008). Review: The role of business in realizing sustainable consumption and production. In: Tukker A., Charter M., Vezzoli C. Stø E., Andersen M. M. (Eds.), Perspectives on radical changes to sustainable consumption and production (pp. 46-69). Sheffield: Greenleaf Publishing.
  9. Chertow M. R. (2000). Industrial Symbiosis: Literature and Taxonomy. Annual Review of Energy and the Environment, 25(1): 313-337.
  10. Chertow M. (2007). “Uncovering” industrial symbiosis. Journal of Industrial Ecology, 11(1): 11-30.
  11. Côtè R. P., Liu C. (2016). Strategies for reducing greenhouse gas emissions at an industrial park level: a case study of Debert Air Industrial Park, Nova Scotia. Journal of Cleaner Production, 114: 352-361.
  12. de Bruyn K., Holzeitner M. T., Lassacher S., Moser S., Puschnigg S., Rodin V., Kollmann A.
  13. (2018). Working papers: Barriers towards Energy Cooperation. Project S-PARCS. --
  14. Domenech T., DoranovaA., Roman L., Smith M., Artola I. (2018). Cooperation fostering industrial symbiosis market potential, good practice and policy actions, Luxembourg: Publication Office of European Union. DOI: 10.2873/346873
  15. European Commission. (2015). Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee, the Committee of the Regions and the European Investment Bank. A Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy /* COM/2015/080 final */ --
  16. Evans S., Vladimirova D., Holgado M., van Fossen K., Yang M., Silva E., Barlow C. (2017).
  17. Business model innovation for sustainability: Towards a unified perspective for creation of sustainable business models. Business Strategy and the Environment, 26: 597-608.
  18. Fichtner W., Frank M., Rentz O. (2004). Inter-firm energy supply concepts: an option for cleaner energy production. Journal of Cleaner Production, 12: 891-899.
  19. Frosch R. A., Gallopoulos N. E. (1989). Strategies for manufacturing. Scientific American,
  20. 261(3): 144-153.
  21. Gibbs D. (2003). Trust and networking in inter-firm relations: the case of eco-industrial development. Local Economy, 18(3): 222-236.
  22. Hansen E. G., Große-Dunker F., Reichwald R. (2009). Sustainability innovation cube. A framework to evaluate sustainability-oriented innovations. International Journal of Innovation Management, 13: 683-713. DOI: 10.1142/S1363919609002479
  23. Kaluza B., Blecker Th., Bischof Ch. (1999). Networks – a cooperative approach to environmental management. University of Klagenfurt, Institute for Economics.
  24. Lambert A. J. D., Boons F. A. (2002). Eco-industrial parks: stimulating sustainable development in mixed industrial parks. Technovation, 22: 471-484. DOI: 10.1016/S0166-4972(01)00040-2
  25. Lowe E. A. (1997). Creating by-product resource exchanges: Strategies for eco-industrial parks. Journal of Cleaner Production, 5(1-2): 57-65. DOI: 10.1016/S0959-6526(97)00017-6
  26. Lüdeke‐Freund F. (2020). Sustainable entrepreneurship, innovation, and business models: Integrative framework and propositions for future research. Business Strategy and The Environment, 29: 665-681.
  27. Maes T., Van Eetvelde G., De Ras E., Block C., Pisman A., Verhofstede B.,Vandendriessche F., Vandevelde L. (2011). Energy management on industrial parks in Flanders. Renewable and Sustainable Energy Review, 15: 1988-2005.
  28. Magretta J. (2002). Why Business Models Matter. Harvard Business Review, 80(5): 86-92.
  29. Massa L., Tucci C., Afuah A. (2017). A critical assessment of business model research. The Academy of Management Annals, 11(1): 73-104.
  30. Osterwalder A., Pigneur Y., Tucci C. (2005). Clarifying business models: origins, Present, and future of the concept. Communications of the Association for Information Systems, 16, Article 1. DOI: 10.17705/1CAIS.01601
  31. Palm J., Thollander P. (2010). An interdisciplinary perspective on industrial energy efficiency. Applied Energy, 87: 3255-3261.
  32. Richardson J. (2008). The business model: an integrative framework for strategy execution. Strategic Change, 17: 133-144.
  33. Schaltegger S., Lüdeke‐Freund F., Hansen E. G. (2016). Business models for sustainability: A co‐evolutionary analysis of sustainable entrepreneurship, innovation, and transformation. Organization & Environment, 29(3), 264-289. DOI: 10.1177/1086026616633272
  34. Schulze M., Nehler H., Ottosson M., Thollander P. (2016). Energy management in industry – a systematic review of previous findings and an integrative conceptual framework. Journal of Cleaner Production, 112: 3692-3708.
  35. Siskos I., Van Wassenhove L. N. (2017). Synergy Management Services Companies: A New Business Model for Industrial Park Operators. Journal of Industrial Ecology, 21(4): 802-814.
  36. Stubbs W., Cocklin C. (2008). Conceptualizing a “Sustainability business model”. Organization & Environment, 21(2): 103-127. DOI: 10.1177/1086026608318042
  37. Tsvetkova A., Gustafsson M. (2012). Business models for industrial ecosystems: a modular approach. Journal of Cleaner Production, 29-30: 246-254. DOI: 10.1016/J.JCLEPRO
  38. 2012.01.017. Teece D. (2010). Business Models, Business Strategy and Innovation. Long Range Planning, 43(2-3): 172-194.
  39. Upward A., Jones P. (2016). An ontology for strongly sustainable business models: Defining an enterprise framework compatible with natural and social science. Organization & Environment, 29(1), 97-123. DOI: 10.1177/1086026615592933
  40. Zott C., Amit R. (2010). Business model design: an activity system perspective. Long Range Planning, 43 (2/3): 216-226.

  • Accelerating sustainable and economic development via industrial energy cooperation and shared services – A case study for three European countries M.D. Mainar-Toledo, M.A. Castan, G. Millán, V. Rodin, A. Kollmann, F. Peccianti, E. Annunziata, F. Rizzi, M. Frey, F. Iannone, M. Zaldua, H. Kuittinen, in Renewable and Sustainable Energy Reviews 111737/2022 pp.111737
    DOI: 10.1016/j.rser.2021.111737

Eleonora Annunziata, Francesco Rizzi, Tiberio Daddi, Marco Frey, Business models for interfirm energy cooperation in industrial parks: A possible taxonomy in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 2/2019, pp 133-148, DOI: 10.3280/EFE2019-002006