WIT Press


Energy Strategies Of Industrial Enterprises

Price

Free (open access)

Paper DOI

10.2495/ECO150271

Volume

192

Pages

11

Page Range

297 - 307

Published

2015

Size

1,249 kb

Author(s)

L. D. Gitelman, M. V. Kozhevnikov

Abstract

In the context of a common external instability, uncertainty and unpredictable dynamics of energy prices, energy management is becoming one of the key focuses in industrial activities. Especially it concerns energy-intensive industry consumers using expensive and qualified energy sources as well as operating in a competitive market environment. The paper describes the types and sequence of formation of energy policy based on the principles of rational market behaviour. A comparative analysis of energy strategies of industrial enterprises is given. The structure of energy market capacity of the company and its relationship with the process of implementation of the chosen energy strategy is revealed. The examples of organizational and technical solutions in the energy strategies that promote energy efficiency and environmentally friendly production are given.

Keywords

energy strategy, energy costs, energy market, rational behaviour, market potential, organizational risks