Incumbents in the German energy transition

Eckardt, J. (2016) Incumbents in the German energy transition.

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Abstract:This paper was led by the question: 'To what extent did energy producers in Germany alter their business strategy according to the preferences of the German 'Energiewende' between 2000 and 2016?' Primarily, it was to outline the energy producers' business strategy as a result to the Energiewende within 2000 and 2016 within a comparative case study of the 'big four' electricity producers RWE, E.On, EnBW and Vattenfall. Information and data collection was done including qualitative methods, interviewing techniques, and company data from incumbents' annual reports. This study generated new background material between 2000 and 2016. It showed how far energy producers in Germany have been taking steps to alter their original business strategy as an effect of the set resource portfolio drawn from the energy transition. Theory expected a causal relation between the Energiewende and business strategy, which could be confirmed for the cases. The Energiewende was a cause for changes in the incumbents' business strategy to a great extent. This is especially true, when stating a conclusion on the evaluation of all stated expectations. The Energiewende was responsible for innovation in incumbents' business strategy to a certain extent. The transition was responsible for pressures to address the transition's core elements to the most significant extent (increasing the share of renewables, decreasing CO2 emissions, phasing out of nuclear energy and increasing energy efficiency in Germany). Furthermore, with regard to entrepreneurial decision-making, the Energiewende was responsible for increased economic risks and costs to the most significant extent. In addition, the Energiewende was responsible for regulatory uncertainties and missing planning reliability to a great extent.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:88 social and public administration
Programme:European Public Administration BSc (56654)
Link to this item:http://purl.utwente.nl/essays/70353
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