Future Business Model For Cellular Microgrids

Different studies which were carried out in the past revealed that the environment for microgrids is very complex and uncertain due to regulatory and legal barriers. Across and within the developed countries the suggestions and views of regulatory authorities and legal bindings about the infrastructure and operation of microgrids are quite different. According to the present scenario, the viability of microgrids mainly depends upon how microgrids are framed, who owns them, which are the customers served from them and how much revenue is generated from them. This paper investigates the potential barriers in current business models to deploy microgrids and proposes a business model, centric to users, with the concept of consumers owned microgrid.