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Sreeramana, Aithal, and Aithal Shubhrajyotsna. "Nanotechnology Innovations & Business Opportunities in Renewable Energy Sector." International Journal of Engineering Research and Modern Education (IJERME) ISSN (Online): 2455 - 4200 1, no. 1 (2016): 674–92. https://doi.org/10.5281/zenodo.160905.
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Nanotechnology, being anticipated general purpose breakthrough technology of 21st century, has potential to solve problems related to human civilizations pertaining to both basic needs and aspirations for comfort life. Out of basic needs of human which include food, drinking water, energy, cloth, shelter, health and clean environment, perhaps, solving energy problem by providing a way to generating, storing, and converting it to required form at any time and any amount of time called ‘ubiquitous energy’ is the opportunity and the challenge for scientific world and for human prosperity. In this paper, we have discussed the challenges and opportunities of nanotechnology innovations and business opportunities in energy sector. The nanotechnology impact on seven areas of energy sector including solar energy, wind energy, nuclear energy, oil-fuel based energy, artificial photosynthesis,energy storage and effective energy management to promote nanotechnology based energy as ubiquitous energy are discussed and reviewed.The paper includes possible innovations and research opportunities in nano-modified solar cells, Nano-influenced Fuel storage cells, and nanotech based artificial photosynthesis. We have also used ABCD analysis to discuss the business opportunities by studying the advantages, benefits, constraints and disadvantages of nanotechnology based energy solutions.Finally, a futuristic possible solution is proposed for the problem of how to solve ever demanding energy crisis using Molecular Nanotechnology model.
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Aithal, P. S., and Aithal Shubhrajyotsna. "Nanotechnology Innovations & Business Opportunities in Renewable Energy Sector." International Journal of Engineering Research and Modern Education (IJERME) 1, no. 1 (2016): 674–92. https://doi.org/10.5281/zenodo.62031.
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Nanotechnology, being anticipated general purpose breakthrough technology of 21st century, has potential to solve problems related to human civilizations pertaining to both basic needs and aspirations for comfort life. Out of basic needs of human which include food, drinking water, energy, cloth, shelter, health and clean environment, perhaps, solving energy problem by providing a way to generating, storing, and converting it to required form at any time and any amount of time called ‘ubiquitous energy’ is the opportunity and the challenge for scientific world and for human prosperity. In this paper, we have discussed the challenges and opportunities of nanotechnology innovations and business opportunities in the energy sector. The nanotechnology impact on seven areas of energy sector including solar energy, wind energy, nuclear energy, oil-fuel based energy, artificial photosynthesis,energy storage and effective energy management to promote nanotechnology based energy as ubiquitous energy are discussed and reviewed.The paper includes possible innovations and research opportunities in nano-modified solar cells, Nano-influenced Fuel storage cells, and nanotech-based artificial photosynthesis. We have also used ABCD analysis to discuss the business opportunities by studying the advantages, benefits, constraints and disadvantages of nanotechnology based energy solutions.Finally, a futuristic possible solution is proposed for the problem of how to solve ever demanding energy crisis using Molecular Nanotechnology model.
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Sreeramana, Aithal. "Nanotechnology Innovations & Business Opportunities : A Review." International Journal of Management, IT and Engineering (IJMIE), ISSN: 2249-0558 6, no. 1 (2016): 182–204. https://doi.org/10.5281/zenodo.161153.
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Nanotechnology deals with understanding and control of matter at dimensions of roughly one to one hundred nanometers. It involves the creation and use of structures, devices and systems that have novel properties and functions because of their small size, and the ability to control or manipulate matter on an atomic scale. Being anticipated as one of the major breakthrough technology of 21st century, nanotechnology has solutions for all the problems of mankind and fulfills all necessary desires for human prosperity. The applications of nanotechnology in different identified areas provide lots of business opportunities. It includes Food, Medicine, Cleaner water, Better quality air, Electronics, Fuel Cells, Solar Cells, Batteries, Space Travels, Chemical sensors, Sporting goods, Fabrics, Cleaning products, Energy, Environment, Health, and Life span increase. The paper covers the applications, benefits and uses of nanotechnology innovations in different industries, possible business opportunities for new nanotechnology based products and services due to challenges for human prosperity on earth, the impact of nanotechnology on business, and the global strategy on nanotechnology business with an expected time scale and future possibilities of nanotechnology innovations and the magic (like science fictions) going to happen in human life. The discussion also emphasize how nanotechnology is going to be a disruptive innovation by solving all problems in the society like food, energy, drinking water, health and environment and rendering human life limitless.
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Chinthala, Lakshmi Kalyani. "Nanotech Startups and the future of high-tech entrepreneurship." Nanoscale Reports 5, no. 3 (2022): 14–17. https://doi.org/10.26524/nr.4.12.
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Nanotechnology is emerging as a key driver of innovation in the entrepreneurial ecosystem, offering unprecedented opportunities for high-tech startups to transform industries ranging from healthcare to energy to consumer goods. This paper explores how nanotech startups are reshaping the landscape of high-tech entrepreneurship by developing novel products, pioneering new markets, and challenging traditional business models. It examines the unique advantages and challenges that these startups face, including securing funding, navigating regulatory hurdles, and scaling nanotech innovations. The paper also discusses the broader impact of nanotechnology on global innovation, focusing on the role of entrepreneurial ventures in driving technological advancements and economic growth. By providing case studies of successful nanotech startups, this paper highlights the strategies that entrepreneurs can adopt to capitalize on the potential of nanotechnology and make a lasting impact in the tech-driven world.
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Kovalenko, Boris, Elena Kovalenko, and Tamara Yakovleva. "Digital business models and company growth opportunities in the energy market." E3S Web of Conferences 250 (2021): 06006. http://dx.doi.org/10.1051/e3sconf/202125006006.
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We are currently witnessing significant changes in the global energy market. The energy industry is entering the stage of the 4th energy transition, which is characterized by an increasingly large-scale increase in the use of renewable energy sources and a decrease in the share of fossil fuels. The energy sector is also strongly influenced by the trend of digital transformation and the use of digital technologies. The aim of the work is to study the possibility and conditions of using digital business models by companies in the energy sector to improve competitiveness and market growth. To achieve the goal of the study, the following tasks were set: to analyze the main trends and the state of digitalization of the energy industry; analyze digital business models and assess the possibilities of their use by energy companies; to formulate approaches to transforming the activities of energy companies in the transition to a digital business model. The authors hypothesized that the use of digital business models will allow energy companies to remain competitive and gain access to new markets by introducing new technologies. To conduct the study, the methods of microeconomic and industry analysis, systemic and comparative analysis, and analysis of the organizational behavior of the company were used. The results of the analysis showed that the global energy market is characterized by growth in dynamics and volatility. In order to adapt to changing conditions and maintain competitiveness, energy companies need to take advantage of digitalization and shape a digital strategy. One of the basic elements of an organization’s digital strategy is a successful digital business model. The article discusses the types and features of digital business models, and also formulates approaches to transforming the activities of energy companies in the transition to a digital business model.
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Künneke, Rolf W. "Convergence of Infrastructures: Business Opportunities and Regulatory Challenges for the Energy Sector." Competition and Regulation in Network Industries 2, no. 1 (2007): 1–6. http://dx.doi.org/10.1177/178359170100200101.
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Cullinane, Bernadette, Michael Wood, and Barry Ladbrook. "From hydrocarbons to electrons: creating new opportunities for the oil and gas sector." APPEA Journal 58, no. 2 (2018): 529. http://dx.doi.org/10.1071/aj17164.
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Today’s energy and resources companies must address many challenges to their traditional business models including the rapid emergence of available and economic renewable energy sources, ever tightening greenhouse gas emission policies and increased stakeholder expectations around transparency. While there is uncertainty regarding the impact of these developments, enormous opportunity exists for companies to forge pathways to a decarbonised future while at the same time creating new markets, products and services and increasing revenues. Several leading Australian resources companies have recently embarked on programs to transition to a lower carbon and more diversified energy portfolio. These initiatives focus on integrating alternative forms of energy across value chains, making energy consumers central to their business models and increasing energy security for their companies and the country. This paper discusses the drivers underlying these challenges, draws on case studies of how oil and gas companies are managing their journey, considers the impact such programs on the companies’ financial and operational performance and outline some implications and possible approaches.
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Hayward, Mark. "Oil and gas business risk and opportunities: a report from the 2013 global Ernst & Young survey." APPEA Journal 53, no. 2 (2013): 498. http://dx.doi.org/10.1071/aj12109.
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This extended abstract discusses the top 10 risks and opportunities for oil and gas companies in 2013, which have been identified in our biannual global survey. It has been said that the difference between a business risk and an opportunity is the organisational speed of recognition and response. In this biannual update to the Ernst & Young oil and gas risk and opportunities report, we provide the latest views about the key risks and opportunities facing the oil and gas sector. Our three-phase approach provides a unique insight into the sectors, leading risks, and opportunities. We interview a panel of industry executives and experts, and ask them to identify the top risks and opportunities, as well as those below the radar that could rise into the top 10 in the years ahead. They are then grouped and aggregated to form a strategic challenge list for the oil and gas sector. The second phase of our research is to conduct a large-sample survey of companies and governments to rank the strategic challenges, obtain forecasts on whether these challenges would be more or less important in the future and discover how leading organisations are responding to them. The third phase of our research is to conduct interviews with leading industry executives to gain insights on how the risks and opportunities impact their organisations and how these executives are managing or preparing for them. The latest edition of the Ernst & Young Oil and Gas Risk and Opportunities Report was released in March 2013.
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Sushchenko, Anna. "SUSTAINABLE BUSINESS MODELS AND TRANSFORMATION OF ORGANIZATIONS." Vìsnik Sumsʹkogo deržavnogo unìversitetu 2022, no. 4 (2022): 324–28. http://dx.doi.org/10.21272/1817-9215.2022.4-35.
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In today's complex environment, the scenario of global collapse due to energy shortages, climate change, loss of biodiversity, and economic uncertainty is quite likely. Fierce debates continue in the political and social spheres regarding possible alternative solutions to the energy crisis. The energy sector is the core of any economy. And the availability of energy resources and changes in energy prices affect not only individual households, organizations, and national economies but also international politics as a whole. There is a growing awareness among the global community that meeting the ever-increasing energy needs and supporting the transformation to clean, sustainable and renewable technologies is only possible through the development of smart technologies and strategies in the energy sector. It is smart technologies that contribute to a better energy transformation of organizations, provide new opportunities for generating income and lead to changes in business models. This article is devoted to the study of sustainable business models of organizations based on the method of survey sampling. According to the results of the study, 100% of respondents see the need to transform organizations in Ukraine for the transition to sustainable development. Moreover, 60% of respondents believe that such a transformation is possible if there is an adequately formed strategy. 93.3% of respondents claim that it is probable to achieve strategic advantages in this way. Among those surveyed, 53.3% of respondents believe that the energy sector needs sustainable business models, and 60% of respondents expect a positive effect from energy sector transformations. However, only 46.7% of respondents are aware of organizations that use sustainable business models. According to the interviewees, the main result of using sustainable business models will be the reduction of waste. Most respondents suggested using renewable energy sources to improve the business models of energy sector organizations and achieve sustainable development goals. Such transformations will be able to contain an ecologically friendly environment for adaptive changes to reduce dependence on fossil resources
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Vincent Ugochukwu Oguanobi and Oloruntosin Tolulope Joel. "Scalable business models for startups in renewable energy: Strategies for using GIS technology to enhance SME scaling." Engineering Science & Technology Journal 5, no. 5 (2024): 1571–87. http://dx.doi.org/10.51594/estj.v5i5.1109.
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The renewable energy sector has witnessed remarkable growth in recent years, driven by global efforts to mitigate climate change and transition towards sustainable energy sources. Startups play a crucial role in this transition, often pioneering innovative solutions and technologies. However, for these startups to thrive and contribute significantly to the renewable energy landscape, scalable business models are essential. This abstract explores strategies for leveraging Geographic Information System (GIS) technology to enhance scalability in small and medium-sized enterprise (SME) startups operating in the renewable energy sector. GIS technology offers a powerful framework for analyzing and visualizing spatial data, providing valuable insights into site selection, resource assessment, and infrastructure planning. By integrating GIS into their business models, startups can optimize operations, reduce costs, and accelerate growth. This review discusses various strategies for utilizing GIS technology, including market analysis, site suitability assessment, supply chain optimization, and infrastructure planning. Drawing on case studies and industry examples, this review highlights the effectiveness of GIS in enhancing scalability for renewable energy startups. It also addresses the challenges and limitations associated with GIS implementation, such as technical complexities, data accessibility, and cost considerations. Furthermore, this review discusses emerging trends in GIS technology and their potential impact on the renewable energy sector, offering insights into future opportunities for startups. In conclusion, this review emphasizes the importance of GIS technology in facilitating scalable business models for renewable energy startups. By harnessing the power of GIS, SMEs can unlock new growth opportunities, drive innovation, and contribute significantly to the transition towards a sustainable energy future. Keywords: Scalable Business Models, Startups, Renewable Energy, GIS Technology, SME Scaling.
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Trikam, A. "Greenhouse gas mitigation options in the industrial sector." South African Journal of Economic and Management Sciences 5, no. 2 (2002): 473–98. http://dx.doi.org/10.4102/sajems.v5i2.2686.
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This report identifies the major opportunities for climate change mitigation through industrial energy efficiency and fuel switching in South Africa. The potential for greenhouse gas reduction (outlining areas of possible resultant CDM investment) in local industry, a CO2 mitigation cost curve and accounting of emissions reductions in existing and future industrial plants, will provide the basis for realising these opportunities. Greenhouse gas mitigation in the industrial sector is closely linked with 2 groups: energy efficiency improvements and fuel switching; and these options are outlined in more detail in this report.
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Maruf, Md Nasimul Islam, Shadman Mahmud, Iván S. Pasarín, et al. "Demonstrating clean energy transition scenarios in sector-coupled and renewable-based energy communities." Open Research Europe 3 (September 2, 2024): 193. http://dx.doi.org/10.12688/openreseurope.16693.2.
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Background Energy communities facilitate several advantages, including energy autonomy, reduced greenhouse gas emissions, poverty mitigation, and regional economic development. They also empower citizens with decision-making and co-ownership prospects in community renewable projects. Integrating renewable energy sources and sector coupling is a crucial strategy for flexible energy systems. However, demonstrating clean energy transition scenarios in these communities presents challenges, including technology integration, flexibility activation, load reduction, grid resilience, and business case development. Methods Based on the system of systems approach, this paper introduces a 4-step funnel approach and a 4-step reverse funnel approach to systematically specify and detail demonstration scenarios for energy community projects. The funnel approach involves four steps. First, it selects demonstration scenarios promoting energy-efficient state-of-the-art renewable technologies and storage systems, flexibility through demand side management techniques, reduced grid dependence, and economic viability. Second, it lists all existing and planned project technologies, analysing energy flows. Third, it plans actions at different levels to implement the demonstration scenarios. Fourth, it validates the strategies using key performance indicators (KPI) to quantify the effectiveness of the planned measures. Furthermore, the reverse funnel approach delves deeper into the demonstration scenarios. The four steps involve identifying stakeholder perspectives, describing scenario scopes, listing conditions for realisation, and outlining business models, including value chains and economic assumptions. Results This approach provides a detailed analysis of the demonstration scenarios, considering actors, objectives, boundary conditions, and business assumptions. The methodologies are exemplified in three diverse European energy communities extending across residential, commercial, tertiary, and industrial establishments, allowing power-to-x and sector coupling opportunities. The paper also suggested thirteen KPIs for validating renewable-focused energy community projects. Conclusions Finally, the paper recommends increased collaboration between energy communities, knowledge sharing, stakeholder engagement, transparent data collection and analysis, continuous feedback, and method improvement to mitigate policy, technology, business, and market uncertainties.
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Maruf, Md Nasimul Islam, Shadman Mahmud, Iván S. Pasarín, et al. "Demonstrating clean energy transition scenarios in sector-coupled and renewable-based energy communities." Open Research Europe 3 (November 9, 2023): 193. http://dx.doi.org/10.12688/openreseurope.16693.1.
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Background Energy communities facilitate several advantages, including energy autonomy, reduced greenhouse gas emissions, poverty mitigation, and regional economic development. They also empower citizens with decision-making and co-ownership prospects in community renewable projects. Integrating renewable energy sources and sector coupling is a crucial strategy for flexible energy systems. However, demonstrating clean energy transition scenarios in these communities presents challenges, including technology integration, flexibility activation, load reduction, grid resilience, and business case development. Methods Based on the system of systems approach, this paper introduces a 4-step funnel approach and a 4-step reverse funnel approach to systematically specify and detail demonstration scenarios for energy community projects. The funnel approach involves four steps. First, it selects demonstration scenarios promoting energy-efficient state-of-the-art renewable technologies and storage systems, flexibility through demand side management techniques, reduced grid dependence, and economic viability. Second, it lists all existing and planned project technologies, analysing energy flows. Third, it plans actions at different levels to implement the demonstration scenarios. Fourth, it validates the strategies using key performance indicators (KPI) to quantify the effectiveness of the planned measures. Furthermore, the reverse funnel approach delves deeper into the demonstration scenarios. The four steps involve identifying stakeholder perspectives, describing scenario scopes, listing conditions for realisation, and outlining business models, including value chains and economic assumptions. Results This approach provides a detailed analysis of the demonstration scenarios, considering actors, objectives, boundary conditions, and business assumptions. The methodologies are exemplified in three diverse European energy communities extending across residential, commercial, tertiary, and industrial establishments, allowing power-to-x and sector coupling opportunities. The paper also suggested thirteen KPIs for validating renewable-focused energy community projects. Conclusions Finally, the paper recommends increased collaboration between energy communities, knowledge sharing, stakeholder engagement, transparent data collection and analysis, continuous feedback, and method improvement to mitigate policy, technology, business, and market uncertainties.
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El Kolaly, Hoda, and Arpi Khatcherian. "BarkB2B: growing the business-to-business (B2B) marketing sector." Emerald Emerging Markets Case Studies 14, no. 3 (2024): 1–27. http://dx.doi.org/10.1108/eemcs-10-2023-0422.
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Learning outcomes After completion of the case study, students will be able to enumerate the unique characteristics of business-to-business (B2B) versus business-to-consumer marketing, explore strategic positioning and how niche marketing can create a competitive advantage, deduce the significance of core values in corporate culture and decision-making, explore innovative partnership and talent acquisition models, infer the role of educational marketing in sectors where clients are not fully aware of their needs and apply strategic decision-making to balance short- and long-term goals in terms of profitability and growth. Case overview/synopsis This case study tells the story of BarkB2B, a boutique marketing firm specialized exclusively in B2B marketing. Founded in Egypt in 2018, BarkB2B focused on creating long-lasting partnerships with clients in industries such as IT, logistics, construction and renewable energy. The case explores the critical aspects of BarkB2B’s business model and offers a comprehensive view of real-world challenges and opportunities in the B2B marketing landscape. It helps learners understand strategic positioning, core values in decision-making, innovative partnership-based business models, the role of educational marketing and the complexities associated with growth. It concludes by highlighting the dilemma faced by BarkB2B’s founder and managing director Naela Sakr as she reflects on the challenge of maintaining the company’s positioning while achieving greater profitability and growth. Complexity academic level The case study is intended for undergraduate and graduate students in marketing, strategic marketing, consumer behavior and entrepreneurship courses. It is also beneficial for marketing professionals, entrepreneurs, corporate training and executive education programs. Supplementary materials Teaching notes are available for educators only. Subject code CSS 8: Marketing.
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Shcherbakova, Ludmila, Elena Evdokimova, and Elena Fedulova. "Alternative options for energy sector decarbonisation." E3S Web of Conferences 460 (2023): 07010. http://dx.doi.org/10.1051/e3sconf/202346007010.
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The purpose of the work is to prove that the process of decarbonisation of energy industries has a different basis than the use of an alternative, “green” economy. It is shown that this feature is characteristic of countries endowed with resources, including Russia. For them, another option is possible to reduce the negative impact on the environment: reducing energy consumption in the economy. The article carried out an analysis, as a result of which the following ways to reduce energy costs in the economy were identified. Within the framework of the “circular economy”, lean production is considered as one of the ways to reduce energy consumption, and attention is also drawn to the construction of business models focused on the reuse of resources and waste recycling. In the direction of searching for new forms of management, new management models, diversification of production is highlighted, which is based on the rejection of narrow specialization and increased efficiency through the formation of new structures or functions of the enterprise. A significant role is assigned to the digital transformation of the electric power industry, since it provides ample opportunities to save resources by accelerating speed and improving the quality of information, new capabilities for production management, and the use of fundamentally new devices and tools.
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Vokony, István, Bálint Sinkovics, Péter Márk Sőrés, Dániel Divényi, and Mária Szalmáné Csete. "Business Opportunities in Power Supply with Gas Engines in the Health Sector." Pénzügyi Szemle = Public Finance Quarterly 67, no. 3 (2022): 413–29. http://dx.doi.org/10.35551/pfq_2022_3_6.
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In the research, we have developed an operational concept based on new energy generation devices, which, in addition to providing heat and electricity, guarantees uninterrupted supply locally and the sale of system services off-site. Based on international experience in the sector, the overall business concept needs to be developed for successful pilot projects. The trends in the technical-economic and regulatory environment examined show that the direction of change, with uncertain outcomes today, is unanimous: they all support the market penetration and the continued profitability of smallscale power plant devices suitable for secondary regulation. An important task is to identify unique elements in the value propositions. The aim of the research is to identify which of the factors such as realized price differential, heat-side revenues, generation utilization, optimized plant operation, scaling, etc. have an impact on the investment, operation, as well as the overall business model and profitability, and to what extent.
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Анцибор, Инга Александровна, and Наталья Ивановна Осипова. "Practice of Digital Transformation at Energy Complex Enterprise in Leningrad Region." ЖУРНАЛ ПРАВОВЫХ И ЭКОНОМИЧЕСКИХ ИССЛЕДОВАНИЙ, no. 3 (September 29, 2022): 187–94. http://dx.doi.org/10.26163/gief.2022.78.47.027.
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При переходе к цифровой форме ведения бизнеса на предприятии возникает проблема формирования цифровой среды. Данная трансформация подразумевает использование всего арсенала современных информационно-коммуникационных технологий (ИКТ) для максимального повышения производительности и эффективности предприятий. В статье рассмотрены возможности компании по оцифровке бизнес-процессов с использованием реинжиниринга (BPR, Business Process Reengineering) на примере деятельности одного из крупнейших предприятий энергетического сектора экономики Ленинградской области - Петербургской сбытовой компании. In the transition to digital business a company faces the problem of establishing digital environment. This transformation implies using the whole range of modern information and communication technologies to maximize the business efficiency and productivity. We look at the opportunities of a business to digitalize its business processes relying on reengineering (BPR, Business Process Reengineering) by the example of Petersburg Distribution Company, one of the leaders of Leningrad region energy sector.
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Siuta-Tokarska, Barbara, Sylwia Kruk, Paweł Krzemiński, Agnieszka Thier, and Katarzyna Żmija. "Digitalisation of Enterprises in the Energy Sector: Drivers—Business Models—Prospective Directions of Changes." Energies 15, no. 23 (2022): 8962. http://dx.doi.org/10.3390/en15238962.
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The energy sector has been a pioneer in the use of information and communication technologies for many years, and has undergone enormous changes in recent years as a result of the transition resulting from the fourth industrial revolution. In the paper, we examine and analyse relevant studies and their findings in order to show the current status of research on three selected aspects of digitalisation in energy sector enterprises. The paper sheds light on the diverse drivers influencing the digitalisation processes of energy sector companies. It also provides an overview of business models that are or will soon be implemented in the energy sector thanks to opportunities offered by digitalisation in response to observed trends in the energy market. Finally, it illustrates open research challenges and future dilemmas related to various aspects of energy sector digitalisation. The paper was prepared using the critical literature review method. It covers a large volume of the most recent and relevant literature referring to the three major research areas mentioned above. The literature review allowed us to identify the drivers influencing the digitalisation of energy companies and distinguish between those specific to this sector and those relating to all businesses as a part of the more general phenomena of Industry 4.0 and Industry 5.0. We also show how the digitalisation-based business model innovation presented in the literature empowers new energy producers and consumers through business models. We have also identified the most frequently indicated challenges and dilemmas in the digitalisation of energy companies related to the risk of the destabilisation of the energy market due to decentralisation, new requirements placed on the competences of energy sector workers, the new culture of interaction between energy suppliers and consumers, and the digital security of data used in the energy system.
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Dr., P. S. Aithal, and Aithal Shubhrajyotsna. "A NEW MODEL FOR COMMERCIALIZATION OF NANOTECHNOLOGY PRODUCTS & SERVICES." International Journal of Computational Research and Development 1, no. 1 (2016): 84–93. https://doi.org/10.5281/zenodo.163536.
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Nanotechnology innovations are making a revolution in design and manufacturing, creating new materials and products through novel processes for commercial applications. New products based on nanotechnology with novel characteristics are continued to grow and benefit the society. Being general purpose technology, nanotechnology is expected to support all fields of the society, but some fields like medicine, energy, environmental remediation, robotics, manufacturing, commerce, and space exploration are expected to undergo explosive developments. Many business organizations are monitoring such developments to encash business opportunities of nanotechnology developments by commercializing these products successfully. In this paper, we made a detailed analysis on nanotechnology applications in different fields based on business organizations point of view. Based on the business perspective, we have developed a new model for commercialization of nanotechnology products/services and analyzed it based on organizational and customer’s perspectives. The paper also contains a detailed discussion on the opportunities and challenges for nanotechnology commercialization as per developed model in terms of time lag, the valley of death, lack of infrastructure, lack of a standard for evaluation, bureaucratic delays, the dearth of funding, lack of trained professionals, brand image, and public support. Finally, we have discussed the advantages, benefits, constraints, and disadvantages of this new commercialization model in terms of nanotechnology products/services market potential.
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Wierling, August, Jan Pedro Zeiss, Constantin von Beck, and Valeria Jana Schwanitz. "Business models of energy cooperatives active in the PV sector—A statistical analysis for Germany." PLOS Sustainability and Transformation 1, no. 9 (2022): e0000029. http://dx.doi.org/10.1371/journal.pstr.0000029.
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Energy markets have opened up to new actors and business models. We perform an empirical investigation of energy cooperatives (EC) investing in the photo-voltaic (PV) market. Deploying a unique database for Germany with 584 EC covering two decades of activities, we provide statistical evidence on their businesses, members and customer segments, production units, and financial status. The analysis yields that German EC active in the PV sector have invested about one billion EUR, managing more than 4400 PV installations with an aggregate capacity of roughly 700 MWp. Nine different business models currently prevail. The latest developments show that EC are adapting to changing market conditions, expanding their activities, and searching for new investment and business opportunities.
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Andreitsev, Vladyslav, Vira Moroz, Antin Shuvar, Volodymyr Pugachov, and Olha Sliusarchuk. "Exploring opportunities for renewable energy adoption in business operations: Enhancing emission reduction and climate resilience." Multidisciplinary Reviews 7 (June 10, 2024): 2024spe002. http://dx.doi.org/10.31893/multirev.2024spe002.
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An update of the global trend toward the sustainable use of natural resources and minimization of the economy's dependence on traditional energy sources is a necessary stage of society's development within the concept of climate change prevention and sustainable development. The article aims to study the main trends in using renewable energy sources in the business sector as part of the sustainable development strategy. The study employed general research methods, such as generalization, comparison, systematization and abstraction, analysis, synthesis, and specification. The authors analyzed the effectiveness of implementing "green" energy principles in Europe and Ukraine. The article highlighted certain institutional and economic instruments of the "green" energy concept. They are considered to be effective in foreign practice in terms of full or partial replacement of traditional resources with alternative energy sources. The article substantiated the need to increase the share of renewable resources in the national energy sector. The authors identified the potential for economic incentives and motivation of businesses to switch to renewable energy sources to reduce emissions and increase climate change resilience. This study has proved the importance of reducing the use of exhaustible resources and minimizing emissions into the atmosphere in order to decrease the anthropogenic burden on the environment. The practical significance of the results of this study is seen in the possibility of their application for optimizing the socioeconomic development of Ukraine in terms of implementing elements of a sustainable climate course and intensifying the efficiency of renewable energy resources.
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Araquistain Portela, Carmen. "Urban utilities and opportunities for the private sector in local energy services in Switzerland." Competition and Regulation in Network Industries 21, no. 2 (2020): 193–218. http://dx.doi.org/10.1177/1783591720916347.
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The delivery of local services is one of Swiss local governments’ main tasks and has a long tradition of public provision. In the last few decades, a shift from in-house production to the corporatization of utilities has emerged in Switzerland, but the public sector is still seen as predominant in the provision of local services. This research explores the current situation of urban utilities in Switzerland and which factors influence the opportunities for the private sector in the provision of energy services at the local level. Results show that opportunities for the private sector and disruptive actors in energy services might rely on partnerships with public institutions and on innovative services.
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Gavkalova, Nataliia, Svitlana Smereka, Iryna Kadyrus, Serhiy Kyrylenko, and Maryna Kasatkina. "Energy-Saving Technologies and Innovations: Driving Competitiveness in Contemporary Business." Grassroots Journal of Natural Resources 8, no. 1 (2025): 138–62. https://doi.org/10.33002/nr2581.6853.080105.
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This study examines how innovations and energy-saving technologies contribute to the long-term competitiveness of Ukrainian businesses in the current environment. The study employs various scientific methods, including literature synthesis, statistical analysis, systematisation, and generalisation, to identify key challenges and opportunities for introducing innovations and energy-saving technologies to modern enterprises. Findings indicate significant disparities in innovation activity across industries. The manufacturing sector leads in innovation (Mean = 313.75, SD = 161.56), while the extractive industry (Mean = 5.5, SD ≈ 4.2) and electricity supply sector (Mean = 4, SD ≈ 0.82) show minimal engagement. Additionally, sales of innovative products exhibit high variability (CV = 2) in the extractive, electricity supply, and water supply industries, reflecting instability caused by price fluctuations and war-related disruptions. Despite these challenges, industrial enterprises exporting innovative products outside Ukraine demonstrate strong potential for innovation-driven growth (Mean = 15,311,932.5). The study confirms that innovation, particularly energy-saving technologies, plays a crucial role in enhancing business competitiveness by improving production efficiency and sustainability. However, it also identified barriers to innovation activity in Ukraine, including uneven development across industries. Addressing these challenges through targeted policies and investment in energy-efficient solutions can foster a more resilient and competitive business environment in Ukraine. However, it also identified obstacles to innovation in Ukraine, including uneven sector development, geopolitical instability, and energy efficiency. These challenges require targeted policy measures aimed at stimulating innovation in underdeveloped sectors, improving energy security, and increasing resilience to external shocks.
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Plewnia, Frederik. "The Energy System and the Sharing Economy: Interfaces and Overlaps and what to Learn from them." Energies 12, no. 3 (2019): 339. http://dx.doi.org/10.3390/en12030339.
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The dissemination of decentralized renewable energy generation, storage and smart metering devices has led to the need for new business models and coordination mechanisms in the energy sector. At the same time, the emerging sharing economy focuses on using digital platforms to coordinate value creation on a decentralized level. While sharing concepts have already been applied to specific energy technologies and microgrids, a more general understanding of what the sharing economy means in the context of the energy sector is still missing. This paper aims to bring these two topics together and to analyze their interfaces and overlaps. For this purpose, this paper draws from existent scientific publications, reports, blog posts, and websites as well as company workshops to discuss which activities and characteristics of the sharing economy might be applicable to the energy sector. Results show that there are significant overlaps in characteristics of the sharing economy and of the transitioning energy system. Furthermore, a broad range of business models within the energy system were found to be based on sharing resources. The findings of this study open up a range of new research and business opportunities at the interface of the sharing economy and the transitioning energy system.
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Dewi, Ni Nyoman Clara Listya, and Tunjung Wijanarka. "Green Financing Scheme for Supporting Women in Energy Transition." RSF Conference Series: Business, Management and Social Sciences 3, no. 3 (2023): 264–70. http://dx.doi.org/10.31098/bmss.v3i3.671.
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This paper examines transitioning from a traditional capital system to a more modern and sustainable financing system. Green financing or green microfinance is one of the efforts to provide opportunities for micro-scale businesses initiated by women to start businesses in the energy sector. Green financing is considered part of financial inclusion, providing business financing schemes oriented towards ecological conservation values. This research considers the context of opportunities and potential obstacles women face in accessing green financing. A literature study was conducted to describe microfinance schemes by drawing closer to efforts to mainstream gender and efforts to transition to a more sustainable financial system. At least several stages need to be passed to transition the financial system toward a more gender-friendly and sustainable direction. First, it is important to socialize the awareness-raising program on green entrepreneurship for women more massively. Second, steps to develop the capacity of women entrepreneurs should be accompanied by preparing business proposals to apply for bank financing, which is part of financial literacy education. Business mentorship programs from the government for women who have micro-scale businesses are also needed. Such technical assistance interventions will be the beginning of preparation for micro-enterprises to start consistently opening a sustainable business. This paper finds that the green financing strategy will ultimately help transition business models that seek to integrate efforts to save the ecology with business schemes, including developing a gender-friendly sustainable business ecosystem.
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Aleksandrov, Igor, Vitali Daroshka, Vyacheslav Trushkin, Irina Chekhovskikh, and Ekaterina Ol. "Alternative energy market in Russia: at the crossroads of interests and opportunities." E3S Web of Conferences 376 (2023): 05044. http://dx.doi.org/10.1051/e3sconf/202337605044.
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The development of an alternative energy market in Russia within the strategy of forming a green economy is more promising task due to the high level of regulation and closed for entry of private investors, as well as the sufficiency of fossil hydrocarbons. At the same time, Russia understands the importance of participation in the processes of green transition and decarbonization of the national economy due to the commitments under the Paris Climate Agreement, as well as the presence of trade risks in terms of export of traditional energy assets (oil, gas) to the EU, UK, and, starting in 2020, to the PRC and Japan (despite the fact that there are no trade risks in the energy sector). - China and Japan (despite the sanctions on Russia’s energy sector, it still has the formal right to participate in tenders for international financing of "green projects"). The most promising proposals for the development of the alternative energy market and business activation are: the formation of a segment of "green finance" in the national stock market; the development of the practice of PPP models for the implementation of energy projects in the renewable energy sector; the formation of green finance departments on the basis of major banks; 4) the formation of export-oriented hydrogen production on the basis of oil and gas businesses.
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Pramana, Putu Agus Aditya, Dzikri Firmansyah Hakam, Handrea Bernando Tambunan, Kemas Muhammad Tofani, and Kevin Gausultan Hadith Mangunkusumo. "How Are Consumer Perspectives of PV Rooftops and New Business Initiatives in Indonesia’s Energy Transition?" Sustainability 16, no. 4 (2024): 1590. http://dx.doi.org/10.3390/su16041590.
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In the evolving landscape of the energy sector, it is vital for energy companies to grasp consumer behaviors to foresee future business prospects and risks. This study delves into how consumers react to Indonesia’s Electricity Company’s innovative business propositions, particularly the PV rooftop product. It also seeks to understand market reactions to other novel business concepts beyond the PV rooftop product. This research employs a quantitative approach, utilizing surveys for data gathering and statistical methods for analysis. Key variables examined include Attitude, Environmental Concern, Subjective Norm, Perceived Behavior Control, Personal Norm, and Regulation, with the primary focus on the Purchase Intention for the PV rooftop product. The findings reveal that key variables, specifically Personal Norm, Subjective Norm, and Regulation, significantly influence consumer behavior toward rooftop PV. This study also uncovers a high market demand for yet-to-be-launched services like electrical repairs, smart home consultancy, and micro-loans, indicating a diverse market potential for these innovative ideas. This research highlights the importance of analyzing consumer behavior in predicting the potential for both opportunities and challenges in a company’s new business ventures, particularly in the renewable energy sector. The results underscore the significant impact of sociocultural factors and regulatory frameworks on consumer decision-making processes. These insights offer critical guidance for Indonesia’s energy stakeholders in developing countries, aiding in formulating new business strategies and identifying market opportunities amidst the global shift towards renewable energy. This study’s key results emphasize the need for energy companies to adapt and innovate in response to consumer preferences and regulatory environments in order to capitalize on emerging market trends.
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AMRATANSHU, JAISWAL ADITYA, and JAISWAL ANADI. "Blockchain in energy: Overcoming barriers and harnessing opportunities for a decentralized future." World Journal of Advanced Engineering Technology and Sciences 15, no. 1 (2025): 1300–1307. https://doi.org/10.30574/wjaets.2025.15.1.0333.
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Blockchain technology has emerged as a promising solution for the energy sector, offering enhanced security, transparency, and innovation. With its decentralized structure and integration with smart contracts, blockchain is seen as a transformative force by various stakeholders which includes but are not limited to governments, energy companies, startups, and researchers. It enables secure and transparent transactions within a distributed network, making it a compelling alternative to traditional databases. Blockchain’s potential to revolutionize energy systems is particularly evident in applications such as electric vehicle (EV) charging, decentralized energy markets, Internet of Things (IoT) integration, and peer-to-peer (P2P) energy trading. This paper provides a review of blockchain’s role in the energy industry, analyzing both the advantages and challenges inculcated in its adoption. Key benefits include secure data sharing, decentralized energy management and the creation of innovative business models. However, the technology also faces significant hurdles such as scalability, high energy consumption, and regulatory uncertainties. Blockchain technology is poised to transform the energy sector by improving decentralization, security, and transparency. By analyzing practical initiatives and technological advancements, this research identifies strategies to overcome current obstacles and pave the way for a decentralized energy future.
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Piesiewicz, Maja, Marlena Ciechan-Kujawa, and Paweł Kufel. "Differences in Disclosure of Integrated Reports at Energy and Non-Energy Companies." Energies 14, no. 5 (2021): 1253. http://dx.doi.org/10.3390/en14051253.
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Integrated reports combine financial and non-financial data into a comprehensive report outlining the company’s value creation process. Our objective is to find the completeness of disclosures, which is a crucial aspect of an integrated report’s quality. This study contributes to the integrated reporting examination by identifying quantitative and qualitative gaps when applying Integrated Reporting standards, focusing on the energy sector. We conducted the study on 57 published integrated reports of listed companies in Poland. The content of each report was examined for 49 features divided into eight areas. We identify the strengths and weaknesses of current reporting performance and the impact of the company’s sector on reports’ quality. We noted that there are significant differences among the areas. The major problems concern implementing IIRC’s framework on the connections between the business model and the organization’s strategy, risks, opportunities, and performance. Our research also noted that the level of specific disclosures might be related to a company’s ownership structure. We investigated the significance of differences among companies from the energy and non-energy sectors using statistical methods. As a result of the study, we obtained that disclosures’ completeness depends on the operation sector. The companies in the energy sector publish higher-quality integrated reports than companies in the other sectors.
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Agoshkov, D., O. Dymchenko, I. Svyrydova, and Y. Kyselhof. "ENTREPRENEURIAL OPPORTUNITIES AND CHALLENGES IN THE UKRAINIAN BIOFUEL MARKET: HARNESSING ANIMAL FATS FOR SUSTAINABLE ENERGY." Municipal economy of cities 2, no. 190 (2025): 49–55. https://doi.org/10.33042/2522-1809-2025-2-190-49-55.
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This article explores the economic potential of Ukrainian private enterprises in the fields of entrepreneurship and business, utilizing animal fats as feedstock for first- and second-generation biofuels. As Ukraine strives to enhance its energy security and promote sustainability, this byproduct presents a promising opportunity for innovative renewable energy solutions. The study assesses market availability, economic viability, and environmental benefits, offering insights for enterprises entering this sector.
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WAKKEE, INGRID, RAHUL BARUA, and PIETER VAN BEUKERING. "WHAT ABOUT THE ENTREPRENEUR? HOW STATIC BUSINESS MODELS DRIVE AND HINDER THE DEVELOPMENT OF SELF-SUSTAINING LOCAL ENERGY ACCESS VENTURES." Journal of Developmental Entrepreneurship 19, no. 03 (2014): 1450014. http://dx.doi.org/10.1142/s1084946714500149.
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The central assumption of publicly-supported market development programs is that providing resources to local entrepreneurs and strengthening the business environments fosters the emergence of self-sustaining local energy access ventures. We explore this assumption by applying a business model lens to analyze how participation in a market development program affects the development of local energy access ventures. Using the domestic biogas market development program in Rwanda as our case, we evaluate program design, the role of local entrepreneurs and interactions between participating ventures and the coordinating office to determine how market development programs contribute to a self-sustaining private energy sector. While providing a detailed framework for local ventures, the business model offers entrepreneurs few possibilities to act entrepreneurial and exploit local opportunities. Consequently, such programs will attract necessity-driven rather than opportunity- and growth-driven entrepreneurs, causing concern for the achievement of program objectives and the establishment of a self-sustaining private sector.
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Liang, Chen. "International Wind Power Sales and Development: A Convergence of Business and Technology." Journal of Business and Marketing 2, no. 1 (2025): 27–31. https://doi.org/10.62517/jbm.202509104.
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The global wind energy market has witnessed significant growth over the past two decades, driven by technological advancements and increasing demand for sustainable energy solutions. As a seasoned professional in wind turbine sales and wind farm development, this paper explores the intersection of business and technology in the international wind power sector. Drawing on extensive experience in overseas market analysis, project development, and wind farm investment and management, this article provides insights into the challenges and opportunities of expanding wind energy in emerging markets. The paper also highlights the importance of strategic partnerships, local adaptation, and continuous innovation in driving the global transition to renewable energy.
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Hargroves, Karlson, Benjamin James, Joshua Lane, and Peter Newman. "The Role of Distributed Energy Resources and Associated Business Models in the Decentralised Energy Transition: A Review." Energies 16, no. 10 (2023): 4231. http://dx.doi.org/10.3390/en16104231.
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The shift from large-scale centralised energy systems to smaller scale decentralised systems based on Distributed Energy Resources (DER) is likely to cause a sector-wide replacement of current electricity management practices and business models—creating a new energy paradigm. If handled well, such a transition will not be inherently disruptive; however, it can cause major disruption if long-held views and assumptions are not rapidly reconsidered and renewed, and new supporting structures are not swiftly put in place—hence, if disruption is experienced it will be due to a lack of strategic responses rather than the nature of the technology. This paper clarifies the nature of DERs and outlines key issues and opportunities associated with a range of associated service configurations and business models. The paper outlines key factors affecting the viability of such approaches and identifies leverage points for accelerating uptake. The paper concludes by considering how shifting landscape factors and related opportunities in the coming decades will shape the transition to a decentralised energy system. This paper contains findings from research performed at the Renewable, Affordable, Clean Energy Cooperative Research Centre (RACE CRC) in Australia.
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Chrissandhi, Erico Sofyan, Christa Dian Pratiwi, Tiwik Tri Hastuti, Muhammad Hisjam, and Wahyudi Sutopo. "Business conceptual design of photovoltaic installation for billboard lighting." Operations Excellence: Journal of Applied Industrial Engineering 15, no. 2 (2023): 110. http://dx.doi.org/10.22441/oe.2023.v15.i2.077.
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The usage of advertising as a medium for marketing products/services is used by various businesses to increase profits. The advertising medium mainly used is billboards, which still use fossil energy as an energy source. The Indonesian government's 2060 Net Zero Emission Program promotes using renewable energy (RE) as an energy source, such as photovoltaic (PV) as electrical energy from solar heat. As with RE, the development of PV still has problems in products and business, but PV is ready to be used as an energy source to reduce electricity bill costs. The business idea of PV installation in the advertising company sector emerged to support the government program Net Zero Emission, making advertising companies "green jobs" and absorbing human resources from vocational schools. Business conceptual design with value chains, business model canvas, and lean canvas expected can provide an overview of business opportunities with EBT for Indonesia that are environmentally friendly and energy independent.
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Slavko Krajcar, Minea Skok, Ivan Andročec, et al. "TRAINING CENTRE FOR ENERGY TRADING." Journal of Energy - Energija 56, no. 1 (2022): 40–63. http://dx.doi.org/10.37798/2007561346.
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The current reforms in the energy sector and the resulting new business opportunities have imposed a need for knowledge and skills to be acquired by or imparted to all those who will assume new roles and responsibilities in the energy sector. To this end the Faculty of Electrical Engineering and Computing of the University of Zagreb (FER), Hrvatska elektroprivreda d.d. - The Croatian Electricity Company (HEP d.d.) and the Norwegian company Technor Energy AS launched a project to establish the Training Centre for Energy Trading (TCET). This article presents the results of this co-operation - printed materials to serve as teaching aid and a market simulator to help various market participants from different countries and with different market interests to try their hand at market competition by playing games. This is the fi rst training centre project of this kind in Europe, co-fi nanced by the Ministry for Foreign Affairs of the Kingdom of Norway and HEP d.d.
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Williamsson, Jon. "Business Model Innovation for Digitalization in the Swedish District Heating Sector." Energies 16, no. 21 (2023): 7457. http://dx.doi.org/10.3390/en16217457.
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Despite decades of research and development, digitalization remains a key challenge for the Swedish district heating sector. Business model innovation is believed to be necessary to capitalize on digitalization, yet it is especially challenging for municipal companies. This study aims to identify the potential impact of digitalization on the business models of Swedish district heating companies and to analyze the barriers that exist for digital business model innovation. Through case studies of eight municipal district heating companies, this study demonstrates how the entire business model is potentially impacted by digitalization. This study also identifies the barriers to digital business model innovation that are linked to two conflicting views (restrictive versus comprehensive) on digitalization. The restrictive view diminishes the importance of business model innovation, outsourcing innovation to minimize both costs and risks for the company. In contrast, the comprehensive view embraces digital business model innovation through trial-and-error and opens the innovation process to stakeholder influence. These two perspectives are motivated by different beliefs about the need for digitalization to secure future business opportunities, as well as differences in owners’ risk appetite. The implications for industry outlooks and the design of policy support for the digitalization of district heating are discussed.
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Brink, Tove. "Innovation collaboration in the renewable offshore wind energy sector." International Journal of Energy Sector Management 11, no. 4 (2017): 664–80. http://dx.doi.org/10.1108/ijesm-04-2016-0005.
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Purpose This paper aims to reveal how larger enterprises and small and medium-sized enterprises (SMEs) can enable innovation collaboration for enhanced competitiveness of the offshore wind energy sector. Design/methodology/approach The research is based on a longitudinal qualitative study starting in 2011 with a project-based network learning course with 15 SME wind farm suppliers and follow-up interviews with 10 SMEs and continued with interviews conducted with 20 individual enterprises within operation and maintenance conducted in 2014-2015. Findings The findings reveal challenges as well as opportunities for innovation collaboration between larger enterprises and SMEs to contribute to the innovation and competitiveness of the offshore wind farm sector. A glass ceiling is revealed for demand-driven positions if the SME does not possess rare and specific valuable knowledge. There are opportunities revealed in general for supplier-driven positions if SME suppliers can collaborate and develop interesting solutions for larger enterprises. If SMEs succeed in either of these aims, the SMEs have an opportunity to attain partner-driven collaboration. However, challenges are present according to the understanding of the different organisational approaches in SMEs and larger enterprises and in the different business approaches. Research limitations/implications The research is limited to the offshore wind energy sector. Further research is needed for verification of the findings in other energy sectors. Originality/value A fourfold contribution is made to enhance the understanding of innovation collaboration and to enable competitiveness for the offshore wind energy sector. SMEs, larger enterprises, academic researchers and policy bodies are provided with a model for action within the four positions for innovation collaboration.
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Akoh Atadoga, Kehinde Feranmi Awonuga, Chidera Victoria Ibeh, Chinedu Ugochukwu Ike, Kehinde Andrew Olu-lawal, and Favour Oluwadamilare Usman. "HARNESSING DATA ANALYTICS FOR SUSTAINABLE BUSINESS GROWTH IN THE U.S. RENEWABLE ENERGY SECTOR." Engineering Science & Technology Journal 5, no. 2 (2024): 460–70. http://dx.doi.org/10.51594/estj.v5i2.806.
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The U.S. renewable energy sector is at the forefront of addressing global environmental challenges, with a growing emphasis on sustainability and clean energy alternatives. This review explores the pivotal role of data analytics in fostering sustainable business growth within this dynamic industry. As renewable energy sources continue to gain prominence, leveraging data analytics becomes imperative for companies aiming to optimize operations, enhance efficiency, and contribute to long-term ecological objectives. Data analytics serves as a powerful tool for harnessing insights from vast and complex datasets generated by renewable energy systems. This review delves into the ways in which organizations can extract actionable intelligence from data, enabling informed decision-making and strategic planning. From predictive maintenance of renewable infrastructure to real-time monitoring of energy production, data analytics empowers businesses to streamline processes and mitigate operational risks. Furthermore, the review sheds light on the role of data analytics in promoting innovation and research within the U.S. renewable energy sector. By analyzing patterns, trends, and historical data, organizations can identify areas for technological advancements, thereby accelerating the development of cutting-edge solutions. This proactive approach not only contributes to sustainable business growth but also positions the sector as a driver of innovation in the broader landscape of clean energy technologies. The review also highlights the challenges and opportunities associated with the integration of data analytics in the renewable energy domain, considering factors such as data security, regulatory compliance, and the need for skilled professionals. The synthesis of data-driven insights with sustainability objectives not only enhances the competitiveness of businesses in the U.S. renewable energy sector but also aligns them with global efforts to address climate change and achieve a more sustainable energy future. 
 Keywords: Data, Business, USA, Renewable Energy, Sustainability, Review.
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Acharya, Abhijeet, and Lisa A. Cave. "Feed-in-Tariff Removal in UK’s Community Energy: Analysis and Recommendations for Business Practices." Journal of Sustainable Development 13, no. 4 (2020): 1. http://dx.doi.org/10.5539/jsd.v13n4p1.
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This paper aims to analyze the implications of Feed-In-Tariff (FIT) support removal in the UK’s community energy sector and make recommendations for future business practices. European countries, including the UK, have recognized the critical role of Community Energy Cooperatives (CECs) in achieving low-carbon-energy transition targets through citizen engagements. However, due to the withdrawal of FIT support and other incentives in the UK, CECs struggle to sustain their profitability and growth. The subsidy-free, market-oriented policies have necessitated that CECs explore new business opportunities in collaboration with other actors of the business ecosystems. In this paper, we reviewed the impact of FIT support removal on community groups in the UK's member states, England, Scotland, and Wales. We analyzed effective business practices that CECs could follow to improve business viability and achieve growth. Based on our review, we make three recommendations for the business practices that can help CECs to remain profitable and grow in the UK’s subsidy-free environment. We recommend that CECs 1) take part in shared ownership projects, 2) collaborate with local actors for bottom-up initiatives, and 3) explore low-interest financing models within the business ecosystem. The implication of findings from this paper includes new knowledge for CEC managers and policymakers in countries where the community energy sector is at a novice stage.
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Haase, Matthias, and Emilia Motoasca. "Characteristics of business models for innovation clusters in decarbonation projects." Acta Polytechnica CTU Proceedings 38 (December 21, 2022): 417–23. http://dx.doi.org/10.14311/app.2022.38.0417.
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Roughly 97 % of the European Union (EU)’s building stock is not considered energy efficient, and 75 to 85 % of it will still be in use in 2050. Residential buildings account for around two thirds of final energy consumption in European buildings. The rate at which new buildings either replace the old stock, or expand the total stock, is about 1 % per year. Similarly, the current renovation rate of existing buildings in the EU is about 1–2 % of the building stock renovated each year.The transformation of today’s electric power sector to a more sustainable energy production based on renewable energies will change the structure of the industry. In this transformation towards a smart energy system interaction between sectors and technologies the main stakeholders (energy service providers; utilities) will face new challenges in their traditional way of doing business. Therefore, adapting their business models to remain competitive is seen as an important step.We chose to characterize these business models by content, structure and governance of transactions for creating value by exploiting business opportunities. In the energy sector the following characteristics to the business models for energy supply have been identified.The most predominant archetypes of business models for the energy supply are presented and discussed. Further, we propose to set up (or use existing) innovation clusters, based on these promising BM to ensure that innovative business environments (innovation clusters) will grow that have the potential for upscaling and replication of District Decarbonization Solutions. There are no specific business models for energy supply applied to renovation of districts. Uncertainties in the supportive measures for the application of DER makes it difficult to develop new business models for the utilities.
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Zargar, Nadeem Younus, and Dr Nilesh Arora. "ENTREPRENEURIAL CHALLENGES AND OPPORTUNITIES IN SHEEP HUSBANDRY SECTOR OF J&K." YMER Digital 21, no. 04 (2022): 357–67. http://dx.doi.org/10.37896/ymer21.04/32.
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The Indian agrarian society is transforming with socio-economic development and demand for livestock has been on the increase exponentially. The demand is expected to rise further with increase in population and purchasing power in the coming decades. Sheep livestock has a pivotal role in Jammu & Kashmir as a traditional source of income, energy, manure and fuel. Entrepreneurship in this sector is not taking effect despite institutional and government push. as the prospect entrepreneurs and traditional breeders face various challenges at the gass root level. The present study explores the challenges and opportunities with a generic view of the sector in Jammu and Kashmir. A primary data analysis was conducted on data collected via survey questionnaire from 100 respondents across various verticals of the trade. Frequency analysis indicated that the sector is a major livelihood source in the region and a great potential opportunity to organize a thriving business. However, enterprising in this sector isn’t free of challenges. The sector requires identification of challenges, and innovation to overcome them
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Zotova, A. S., I. A. Svetkina, and D. R. Gilmanova. "ISSUES OF ENSURING ECONOMIC AND ENERGY SECURITY IN THE “SMART CITY” SYSTEM." Vestnik Universiteta, no. 8 (September 24, 2020): 5–12. http://dx.doi.org/10.26425/1816-4277-2020-8-5-12.
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The publication reflects the results of research on economic security issues at the level of administrative center of the subject of the Russian Federation in the context of the development of the “smart city” system. Cutting-edge technologies are becoming a powerful engine of transformation, including the energy sector. Development of smart cities and digitalization of services require reorganization of the energy business, search of new innovative opportunities and the development of new strategies, the final result of which will be the creation of new business models for energy suppliers. As a result of largescale statistics and practical cases analysis the main (specific) smart risks, smart challenges and smart threats for the economic security system of the largest city have been classified, recommendations to modify existing business models for Russian energetic industry have been offered.
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Goel, Dr Shuchi, and Dr Santosh Mittal. "Women Entrepreneurship in MSME Sector." International Journal for Research in Applied Science and Engineering Technology 11, no. 8 (2023): 2112–14. http://dx.doi.org/10.22214/ijraset.2023.55536.
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Abstract: Women's empowerment is now a global movement, and along with social and political empowerment, economic empowerment is of utmost importance for women in India. Focus challenges on all these fronts, acting in part as an invisible force and attempting to steer the course of women's empowerment in India in all conceivable milieus, including domestic, professional, financial, and political to combat this unstoppable force known as patriarchal mindset. For the purpose of empowering women and resolving their socioeconomic and employment issues, the Ministry of Micro, Small, and Medium companies (MSME) is placing more emphasis on creating substantial work opportunities for them through various industries and companies.This paper focus on various variables that prioritize women's empowerment, numerous government efforts and programs, schemes, information on MSMES and cutting-edge technology, and education for women in business.
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Baruah, Bipasha. "Creating Opportunities for Women in the Renewable Energy Sector: Findings from India." Feminist Economics 21, no. 2 (2015): 53–76. http://dx.doi.org/10.1080/13545701.2014.990912.
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Taliotis, Constantinos, Asami Miketa, Mark Howells, et al. "An indicative assessment of investment opportunities in the African electricity supply sector." Journal of Energy in Southern Africa 25, no. 1 (2014): 2–12. http://dx.doi.org/10.17159/2413-3051/2014/v25i1a2681.
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In the coming decades, demand for electricity will increase considerably on the African continent. Investment in power generation, transmission and distribution is necessary to meet this demand. In this paper a cost-optimization tool is used to assess investment opportunities under varying scenarios of GDP growth, electricity trade and CO2 taxation. Business as usual fuel price outlooks are assumed, and related assumptions are relatively conservative. The goal is to find if there are economic indications that renewable energy might play a significant role in the expansion of the African electricity system. The results show that there is potential of renewable energy (RE) resources to have a significant share in the generation mix. By 2030, 42% and 55% of the total generation is powered by renewables in the high and low GDP scenarios respectively. Promotion of interregional trade can assist in unlocking RE potential across the continent, such as hydro in Central Africa and wind in East Africa; these regions are projected to be net exporters of electricity. Additionally, generation by off-grid technologies increases over time, reaching 12% of the total generation by 2030 in Sub-Saharan Africa.
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Midaeva, Asset A., and Magomed Sh Dukaev. "ANALYSIS AND FORECAST OF INNOVATIVE TECHNOLOGIES IN THE IT SECTOR: CHALLENGES AND OPPORTUNITIES." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 11/11, no. 152 (2024): 179–84. https://doi.org/10.36871/ek.up.p.r.2024.11.11.021.
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This article examines modern innovative technologies in the field of information technology (IT) and their potential for future industry development. A comprehensive analysis of key innovation areas is conducted, including artificial intelligence, quantum computing, cloud technologies, the Internet of Things, and blockchain. The main challenges facing the IT industry are identified, such as security issues, scalability, energy efficiency, and the need for highly skilled professionals. Special attention is paid to forecasting trends and assessing the impact of these technologies on business processes, the economy, and society as a whole. The conclusion presents opportunities and prospects for implementing innovative solutions aimed at optimizing processes and enhancing competitiveness.
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de Lange, Deborah. "Sustainable Transportation for the Climate: How Do Transportation Firms Engage in Cooperative Public-Private Partnerships?" Sustainability 15, no. 11 (2023): 8682. http://dx.doi.org/10.3390/su15118682.
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This research examines the effectiveness of transportation-sector public-private partnerships (PPPs). Coordination across sectors is needed to reduce transportation-related greenhouse gas emissions. PPPs are of interest to transportation firms, but they may prefer private-sector opportunities given that working with the public sector can present challenges. However, the challenges are not clear and, therefore, this needs research investigation to develop understandings for policy to make PPPs work better for firms. Moreover, this research informs firms so that they may better comprehend and manage the risks of PPPs or choose other opportunities. This empirical research uses a sample of 300 transportation firms across 28 countries. The findings suggest that, although government contracts may be lucrative, the institutional environment of the PPP context is not preferable to other business-oriented private-sector opportunities. If more sustainable transportation is to be constructed to address climate change and other public interests, policymakers may need to rethink PPPs to adapt to the needs of transportation firms.
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Ehrtmann, Moritz, Lars Holstenkamp, and Timon Becker. "Regional Electricity Models for Community Energy in Germany: The Role of Governance Structures." Sustainability 13, no. 4 (2021): 2241. http://dx.doi.org/10.3390/su13042241.
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Community energy actors play an important role in the energy transition, fostering the diffusion of sustainable innovation in the renewable energy market. Because market conditions for business models in the renewable energy sector are changing and feed-in-tariff (FiT) schemes expiring, community energy companies are in the process of innovating their business models. In recent years, several community energy companies in Germany have entered the electricity retail market selling locally generated electricity from their renewable energy installations to customers in their region. We explore the evolving regional electricity business models for community energy companies in Germany, related governance structures, and the role they play for a sustainable energy transition. In order to implement these complex business models, community energy companies cooperate with professional marketing partners (intermediaries), which are capable of taking over the tasks and obligations of electricity suppliers. Through a series of expert interviews and desk research, we identify three distinctive regional electricity business models and examine opportunities and challenges to their implementation. Results show that there are different forms of cooperation, leading to specific governance structures and creating a set of new value propositions. Through these forms of cooperation, business networks emerge, which can function as incubators for sustainable innovation and learning for the post-FiT era.
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Lutsiak, Vitalii, Taras Hutsol, Nataliia Kovalenko, et al. "Enterprise Activity Modeling in Walnut Sector in Ukraine." Sustainability 13, no. 23 (2021): 13027. http://dx.doi.org/10.3390/su132313027.
Full textAbstract:
The main goal of this study was to provide a critical analysis of the oil and fat sub-complex for deep walnut processing, to determine and compare the profitability of enterprises’ activities under different business models for implementation in the agro-food value chain. The latter was considered as an important factor for the development of the domestic market of walnuts and export opportunities. Business modeling of the enterprise activity in the oil and fat sub-complex for deep walnut processing was carried out. The stages of production and marketing activities of the enterprise from the garden planting or the purchase of the processed raw materials to the sale of the processed raw materials and products obtained from walnut processing depending on the chosen business model were considered. A comparative analysis of profitability of the enterprise activity and absolute values of income and profitability indicators under various business models of the enterprise activity were shown. The most cost-effective business-model entailed the combination of walnut production and its processing, which will provide profitability of up to 4640.32% in the 20th year of the project implementation. The results of the given study are intended for the agricultural enterprises of central region of Ukraine.
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Dirkswager, Anna L., Michael A. Kilgore, Dennis R. Becker, Charlie Blinn, and Alan Ek. "Logging Business Practices and Perspectives on Harvesting Forest Residues for Energy: A Minnesota Case Study." Northern Journal of Applied Forestry 28, no. 1 (2011): 41–46. http://dx.doi.org/10.1093/njaf/28.1.41.
Full textAbstract:
Abstract Timber harvesting residues, specifically the nonmerchantable tree tops and limbs associated with a commercial roundwood harvest, have the capacity to supply substantial feedstock for energy production. Phone interviews of Minnesota's logging business owners who process residual woody biomass for energy using chippers and grinders were conducted in summer 2008 to characterize their practices on harvesting and processing these residues and to collect qualitative data describing biomass harvesting opportunities and constraints. Minnesota's logging businesses are highly variable with respect to many aspects of woody biomass harvesting, such as preferred tree species, equipment configurations, strategies for collecting and processing residual biomass, and utilization efficiency. Factors cited as having a substantial influence on future biomass harvesting opportunities included the environmental benefits of burning woody biomass over traditional nonrenewable fuels and the potential for biomass harvesting to positively affect wildlife habitat and forest health. Low prices received for delivered wood chips and grindings, high fixed and variable operating costs, and resource uncertainty about future harvesting restrictions due to environmental concerns were cited as important issues that could limit growth in the state's woody biomass harvesting sector.