• Title of article

    Sustainable Business Models and IT Innovation: The Case of the REMIT

  • Author/Authors

    Kolosok, Svitlana Oleg Balatskyi Department of Management - Sumy State University, Sumy, Ukraine , Lyeonov, Serhiy Economic Cybernetics Department - Sumy State University, Sumy, Ukraine , Voronenko, Iryna Department of Information Systems and Technologies - National University Of Life an‎d Environmental Sciences Of Ukraine, Kyiv, Ukraine , Goncharenko, Olena Department of Financial Management and Stock Market - Odessa National Economic University, Odessa, Ukraine , Maksymova, Julia Department of Economics and Entrepreneurship - Odessa I.I.Mechnikov National University, Odessa, Ukraine , Chumak, Oksana Department of Economics and Business Technology - National Aviation University, Kyiv, Ukraine

  • Pages
    10
  • From page
    147
  • To page
    156
  • Abstract
    This paper aimed to explore IT innovations used in sustainable business models in the European single energy market. For this purpose, the academic literature and content analyses of organized marketplaces were performed. The results showed that end users are not always interested in changing the service and try to choose services/resources well known to them. At the same time, market operators see the need for radical change by introducing strategic innovations and digitizing energy markets. Sustainable e-government management models are typically sustained by IoT, blockchain, and smart grid management technologies.
  • Keywords
    Energy Markets , IT Innovation , Sustainable business model , REMIT
  • Journal title
    Journal of Information Technology Management (JITM)
  • Serial Year
    2022
  • Record number

    2733231