New business models supported by innovative interoperable solutions enabled by the GLocalFlex marketplace

GLocalFlex project is developing a novel auction marketplace, where consumers and producers of different sizes can offer their flexibility to one or several buyers, with a view to unlocking not yet fully exploited flexibility, especially, the one available in the lowest voltage levels. For that purpose, the newly developed technological solutions must be demonstrated and evaluated, but they must also be able to be part of sustainable new business models. Starting from the business use cases to be deployed by the six GLocalFlex pilots, eight overarching business use cases were identified, which reflected the main objectives of the pilots’ business use cases, while, at the same time, ensuring the complementarity and consistency among the different demonstrators and using a common terminology and representation. These overarching business use cases allowed for defining some generic business models, which result in different structures with different combinations of roles that the operator of the marketplace proposed in GLocalFlex can take. This paper presents the different combinations of roles and discusses their potential advantages and drawbacks.

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Publication Details

Journal
IET conference proceedings.
Published
2025-10-14
DOI
https://doi.org/10.1049/icp.2025.2077
Primary Topic
Business Strategy and Innovation
Type
article
Field-Weighted Citation Impact
0.00
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article

New business models supported by innovative interoperable solutions enabled by the GLocalFlex marketplace

Maider Santos-Mugica, David González‐Sánchez, R. Belhomme, Inés Gómez-Arriola et al.
IET conference proceedings.
Business Strategy and Innovation
article

New business models supported by innovative interoperable solutions enabled by the GLocalFlex marketplace

Maider Santos-Mugica, David González‐Sánchez, R. Belhomme, Inés Gómez-Arriola, Carlos Madina, Pirkko Kuusela, Arttu Tamminen
article en

Abstract

GLocalFlex project is developing a novel auction marketplace, where consumers and producers of different sizes can offer their flexibility to one or several buyers, with a view to unlocking not yet fully exploited flexibility, especially, the one available in the lowest voltage levels. For that purpose, the newly developed technological solutions must be demonstrated and evaluated, but they must also be able to be part of sustainable new business models. Starting from the business use cases to be deployed by the six GLocalFlex pilots, eight overarching business use cases were identified, which reflected the main objectives of the pilots’ business use cases, while, at the same time, ensuring the complementarity and consistency among the different demonstrators and using a common terminology and representation. These overarching business use cases allowed for defining some generic business models, which result in different structures with different combinations of roles that the operator of the marketplace proposed in GLocalFlex can take. This paper presents the different combinations of roles and discusses their potential advantages and drawbacks.

IET conference proceedings.Vol. 2025(14)
Association of Electronic and Information Technologies (ES), Électricité de France (France) (FR), VTT Technical Research Centre of Finland (FI)
Openalex Percentile: Top 57%
Business Strategy and Innovation
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New business models supported by innovative interoperable solutions enabled by the GLocalFlex marketplace — Maider Santos-Mugica, David González‐Sánchez, et al. · IET conference proceedings. (2025) | TGRS Research Map | TGRS