Energy efficiency criteria as a focus for market-driven strategies of large companies in transition economies
/ 3
- Details
- Category: Energy efficiency manegement for sustainable development in industrial sector
- Last Updated on 07 January 2019
- Published on 26 December 2018
- Hits: 3220
Authors:
V.Shvets, Dr. Sc. (Econ.), Prof., orcid.org/0000-0002-9016-1101, National Mining University, Dnipro, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it.
L.Palekhovа, Cand. Sc. (Econ.), Assoc. Prof., orcid.org/0000-0003-0217-5755, National Mining University, Dnipro, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it.
D.Palekhov, Cand. Sc. (Law.), PhD (Env. Sc.), orcid.org/0000-0001-6041-668X, Brandenburg University of Technology Cottbus ‒ Senftenberg, Cottbus, Germany, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it.
S.Simon, Dr.-Ing. Habil., Prof., orcid.org/0000-0001-5970-7201, Brandenburg University of Technology Cottbus ‒ Senftenberg, Cottbus, Germany, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.; This email address is being protected from spambots. You need JavaScript enabled to view it.
Abstract:
Purpose. The purpose of the presented research is to reveal the critical importance of energy efficiency indicators for large industrial companies from countries with economies in transition for increasing their competitiveness in local and global markets.
Methodology. This article presents a historical overview of common principles and approaches to energy efficiency in the context of transition to sustainable development in countries with different economic policies, including countries with economies in transition. The research was based on the analysis of the international documents and reports, statistical data and national practices relating to energy efficiency and energy saving.
Findings. The study highlights the extent of the problem of energy efficiency in countries with economies in transition, and identifies the causes for a lack of sufficient progress in achieving the energy sustainability of their large companies as a key driver for competitiveness and successful integration into global value chains. At the same time, the authors analysed the factors which contributed to the remarkable success of some countries with a socialist past in re-orientation of the governmental policy towards energy security and achieving sustainable economic growth. The system approach allowed to identify a number of the key factors related to energy efficiency and their impact on the achievement of competitive advantage. And, finally, the authors proposed а set of contextual criteria for the selection of potential market strategies aimed to position large companies as a part of complex value chains with a global dimension.
Originality. The conducted analysis revealed that large companies in countries with economies in transitional have to take into account two groups of energy efficiency criteria for their integration into sustainable markets: 1) criteria related to the company’s ability to improve the situation in its country or region; 2) criteria related to requirements and standards that are maintained or important for a particular value chain, into which the company is entering or intends to enter.
Practical value. The significance of the new approach is that the company can change or expand the ‘push strategy’ for positioning its business on external market, which is currently a common practice of Ukrainian enterprises. The suggested system of criteria can become a basis for the development of the ‘pull strategy’, which would focus on sustainable development goals of all three groups of stakeholders: companies, region or country, and business partners within the value chain.
References.
1. Energy Charter Secretariat, 2013. In-Depth Review of the Energy Efficiency Policy of Ukraine. Brussels [pdf]. Available at: <http://saee.gov.ua/documents/Ukraine_EE_2013_ENG.pdf> [Accessed 11 December 2017].
2. Smith, C. B. and Parmenter, K. E., 2016. Energy Management Principles: Applications, Benefits, Savings. 2nd ed. Elsevier.
3. Rossiter, A. P. and Jone, B. P., eds., 2015. Energy Management and Efficiency for the Process Industries. Wiley-AIChE.
4. Thollander, P. and Palm, J., 2013. Improving Energy Efficiency in Industrial Energy Systems. Springer.
5. Kambur, O. and Kostenok, Y., 2015. Features of Stimulating Energy Efficiency in Public and Utility Companies. Investments: Practice and Experiences, 22, pp. 71‒74.
6. Bratkovska, O., 2015. About the Energy Model of Sustainable Heat Consumption. Efficient economy, 11, pp. 1‒5.
7. Sevastyanov, R., 2016. Energy efficiency of industrial enterprises of Ukraine and barriers for its implementation. Economic bulletin of Zaporozhye state engineering academy, 1, pp. 28‒35.
8. Shvetz, V., Palekhova, L., Simon, S., Palekhov, D. and Mammadov, A., 2015. Convergence of Energy Efficiency Policies in the EU and Countries with Economies in Transition. Socio-Economic and Environmental Problems of the Mining Industry, Building and Energetics. Tula State University, pp. 398–405.
9. Ukrainian Energy Strategy up to 2035: Safety, Energy efficiency, Competitiveness. Order of the Cabinet of Ministers of Ukraine on August 18, 2017 № 605-р.
10. Information Agency Interfax Ukraine, 2017. Increase in energy export by Ukraine in 2017 [online]. Available at: <http://interfax.com.ua/news/economic/416032.html> [Accessed 20 January 2018].
11. State Statistics Service of Ukraine, 2018. Economic statistics-Economic activity-Energy.
12. World Energy Council, 2016. Energy Efficiency Indicators Database [online]. Available at: <https://www. worldenergy.org/data/efficiency-indicators/> [Accessed 28 November 2017].
13. Palekhov, D. and Kizilova, M., 2016. Methods for Achieving Energy Efficiency Targets: Analysis of Experience in the EU. Bulletin of the Pridneprovsk State Academy of Building and Architecture, 3(216), рр. 34‒41.
14. Palekhova, L. and Simon, S., 2016. Competitive Advantages through the Implementation of International Energy Management Standards. Bulletin of the Pridneprovsk State Academy of Building and Architecture, 3(216), рр. 42‒51.
15. Umweltbundesamt, 2017. Erneuerbare Energien in Zahlen. Available at: <http://www.umweltbundesamt. de/themen/klima-energie/erneuerbare-energien/ erneuerbare-energien-in-zahlen> [Accessed 15 January 2018].
16. World Energy Trilemma, 2016. Defining Measures to Accelerate the Energy Transition. World Energy Council 2016 with Oliver Wyma, London [pdf]. Available at: <https://www.worldenergy.org/wp-content/uploads/ 2016/05/World-Energy-Trilemma_full-report_2016_web.pdf> [Accessed 27 September 2017].
17. Schmidt, M., Hansmann, B., Palekhov, D., Pivnyak, G. G., Shemshuchenko, Y., Pavlenko, A., Shapar, A., Shvetz, V. and Palekhova, L., eds., 2016. Management for Sustainable Development in Transitional Economies: Monograph. 2nd ed., revised and expanded. In: Universities in Support of Sustainable Development, Volume 2. State Higher Educational Institution Dnepropetrovsk – Cottbus.
18. Gingrich, S., Kušková, P. and Steinbergera, J.K., 2011. Long-term changes in CO2 emissions in Austria and Czechoslovakia – Identifying the drivers of environmental pressures. Energy Policy, 39(2), pp. 535‒543. DOI: 10.1016/j.enpol.2010.10.006.
19. Interconnected Economies: Benefiting from Global Value Chains. Synthesis report, 2013. Organisation for Economic Cooperation and Development, Paris. Available at: <http://www.oecd.org/sti/ind/interconnected-economies-GVCs-synthesis.pdf> [Accessed 04 December 2017].
20. Palekhova, L. and Palekhov, D., 2017. Anwendung von Energieeffizienzkriterien für Marktstrategien von Großunternehmen in den Transformationsländern. In: K. Fraňa, S. Simon, J. Grunewald, Herausgeber, 2017.Energieeffizienz im Bauund Maschinenwesen.: Technische Universität in Liberec, pр. 44‒53.
Archive