Research on Business Models Innovation Path for Electrical Power Substitution under “Three Types and Two Networks”

The popularization and application of electrical power substitution have produced great economic and social benefits. Whereas in the realistic development process, innovative business models are also required in order to promote the deep development of electrical power substitution. In 2019, the strategy of “three types and two networks” is proposed by the State Grid Corporation of China, which could provide the technology, platform and value base for the business models innovation of electrical power substitution. In the construction process of “three types and two networks” strategic system, Through SWOT analysis of the business model, we can further accelerate the sustainable development of electrical power substitution through innovating the existed business models. Keywords—“Three Types and Two Networks”; Electrical Energy Substitution; Business Models; Energy Structure