What’s the role of brand identity in creating value of the electricity sector? A dynamic model-based analysis

Authors

  • Milton M. Herrera Universidad Militar Nueva Granada

Keywords:

Electricity sector, Solar power, Simulation, Value creation, SMEs, Electricity utilities

Abstract

The rapid growth of the renewable energy market has provoked pressing challenges because of the significant financial resources required, highlighting the need for marketing of the electricity sector. The role of brand identity influences customer image that affects demand changes and financial resources used by SMEs in the electricity sector. This paper presents a dynamic model-based analysis to better understand the role of brand identity in creating value in SMEs. Simulation results show that high customer value perception aligns the electricity utility industry to create more value.

 

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Author Biography

Milton M. Herrera, Universidad Militar Nueva Granada

Centro de Investigaciones Económicas. Universidad Militar Nueva Granada

Published

2024-12-20

How to Cite

[1]
M. M. Herrera, “What’s the role of brand identity in creating value of the electricity sector? A dynamic model-based analysis”, Ingeniare, Rev. chil. ing., vol. 29, no. 3, Dec. 2024.

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