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The Strategies of Local Utilities After the Liberalization of the European Energy Sector: Which Is the Emerging Business Model? The Case Study of Italy

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  • Silvia Testarmata

    () (Università degli Studi di Roma "Tor Vergata")

Abstract

The European energy sector has gone through a period of significant change since the 1980s. External factors such as regulation, market competition, and technological innovation, as well as internal factors such as ownership, corporate governance, and culture, have affected the strategic positioning of local utilities providers. In this context, the paper aims at applying a new construct to the public utility sector – the business model meant as a new unit of strategic analysis – in order to better understand the strategic behaviour and competitive positioning of local utilities after the liberalization of the European energy market. As result of a multiple case study analysis, three main business models of local utilities have been outlined: traditional local utility, multiutility company, and global specialist company.

Suggested Citation

  • Silvia Testarmata, 2009. "The Strategies of Local Utilities After the Liberalization of the European Energy Sector: Which Is the Emerging Business Model? The Case Study of Italy," DSI Essays Series, DSI - Dipartimento di Studi sull'Impresa, vol. 4.
  • Handle: RePEc:tov:dsiess:v:4:y:2009
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    File URL: http://www.economia.uniroma2.it/public/dsi/DSI_Testarmata.pdf
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    Cited by:

    1. Laura DELPONTE & Maddalena SORRENTINO & Matteo TURRI & Daniela VANDONE, 2013. "The transformation of Milan's city energy enterprise in a leading national industrial group," CIRIEC Working Papers 1303, CIRIEC - Université de Liège.
    2. Silvia Fissi & Elena Gori & Alberto Romolini, 2013. "La governance dei comuni sui servizi pubblici locali," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2013(2), pages 87-110.

    More about this item

    Keywords

    Public Service; Energy Sector; Local Utility; Strategic Management; Business Model;

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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