IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2020-05-1.html
   My bibliography  Save this article

Modeling the Efficiency of Using Digital Technologies of Energy and Resource Saving Technologies at Petrochemical Enterprises

Author

Listed:
  • Alexey I. Shinkevich

    (Department of Logistics and Management, Kazan National Research Technological University, Kazan, Russia.)

Abstract

This article proposes an evaluation approach and carried out modeling of the impact of the introduction of energy saving technologies in the petrochemical enterprises using the DuPont model. The article is relevant due to the fact that the organization of energy and resource saving technologies in the petrochemical complex is still not been fully resolved and require further research of their effectiveness and efficiency evaluation at the sectoral and micro- levels of management. The purpose of this article is to assess the effectiveness of the use of digital energy and resource saving systems in the petrochemical complex. There are used description and comparison methods as the main research methods, which made it possible to identify the trends in the digitalization of the petrochemical industry in the field of energy and resource saving in comparison with the business sector and the manufacturing sector as a whole; analysis of the productional - operation and financial activities of petrochemical industry enterprises, which made it possible to evaluate their effectiveness. The article proposes a methodology for assessing the effectiveness of the use of digital technologies of energy and resource saving at petrochemical enterprises based on the DuPont model and conducted its approbation by the example of the petrochemical sector of the Russian economy. The materials of the article can be used in the development of strategies and programs to improve the efficiency of energy and resource saving systems at petrochemical enterprises in the context of industrial digitalization.

Suggested Citation

  • Alexey I. Shinkevich, 2020. "Modeling the Efficiency of Using Digital Technologies of Energy and Resource Saving Technologies at Petrochemical Enterprises," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 1-6.
    • Handle: RePEc:eco:journ2:2020-05-1
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/9837/5252
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/9837/5252
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Svetlana S. Kudryavtseva & Alexey I. Shinkevich & Adeliya V. Pavlova & Adeliya V. Pavlova & Alexey D. Chudnovskiy & Aleksandra N. Nikolayeva & Gulnara R. Garipova & Farida Kh. Doronina & Izida I. Ishm, 2016. "Econometric Methods for Evaluating of Open National Innovative Systems," International Journal of Economics and Financial Issues, Econjournals, vol. 6(2), pages 640-645.
    2. Akhavein, Ali & Porkar, Babak, 2017. "A composite generation and transmission reliability test system for research purposes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 331-337.
    3. deLlano-Paz, Fernando & Calvo-Silvosa, Anxo & Iglesias Antelo, Susana & Soares, Isabel, 2015. "The European low-carbon mix for 2030: The role of renewable energy sources in an environmentally and socially efficient approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 49-61.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Jiangquan & Ma, Xiaowei & Zhang, Jun & Zhao, Xin, 2022. "Impacts of digital technology on energy sustainability: China case study," Applied Energy, Elsevier, vol. 323(C).
    2. Cezar-Petre Simion & Cătălin-Alexandru Verdeș & Alexandra-Andreea Mironescu & Florin-Gabriel Anghel, 2023. "Digitalization in Energy Production, Distribution, and Consumption: A Systematic Literature Review," Energies, MDPI, vol. 16(4), pages 1-30, February.
    3. Tianshun Ruan & Ying Gu & Xinhao Li & Rong Qu, 2022. "Research on the Practical Path of Resource-Based Enterprises to Improve Environmental Efficiency in Digital Transformation," Sustainability, MDPI, vol. 14(21), pages 1-17, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexey I. Shinkevich & Svetlana S. Kudryavtseva & Irina G. Ershova, 2020. "Modelling of Energy Efficiency Factors of Petrochemical Industry," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 465-470.
    2. Meng, Xiangmei & de Jong, Wiebren & Kudra, Tadeusz, 2016. "A state-of-the-art review of pulse combustion: Principles, modeling, applications and R&D issues," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 73-114.
    3. Andrew Adewale Alola & Seyi Saint Akadiri & Ojonugwa Usman, 2021. "Domestic material consumption and greenhouse gas emissions in the EU‐28 countries: Implications for environmental sustainability targets," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(2), pages 388-397, March.
    4. Joanna Hałacz & Aldona Skotnicka-Siepsiak & Maciej Neugebauer, 2020. "Assessment of Reducing Pollutant Emissions in Selected Heating and Ventilation Systems in Single-Family Houses," Energies, MDPI, vol. 13(5), pages 1-19, March.
    5. Laha, Priyanka & Chakraborty, Basab, 2021. "Low carbon electricity system for India in 2030 based on multi-objective multi-criteria assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    6. Paulino Martinez-Fernandez & Fernando deLlano-Paz & Anxo Calvo-Silvosa & Isabel Soares, 2019. "Assessing Renewable Energy Sources for Electricity (RES-E) Potential Using a CAPM-Analogous Multi-Stage Model," Energies, MDPI, vol. 12(19), pages 1-20, September.
    7. Simona Bigerna and Carlo Andrea Bollino, 2016. "Optimal Price Design in the Wholesale Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Bollino-M).
    8. deLlano-Paz, Fernando & Martínez Fernandez, Paulino & Soares, Isabel, 2016. "Addressing 2030 EU policy framework for energy and climate: Cost, risk and energy security issues," Energy, Elsevier, vol. 115(P2), pages 1347-1360.
    9. Paulino Martinez-Fernandez & Fernando deLlano-Paz & Anxo Calvo-Silvosa & Isabel Soares, 2018. "Pollutant versus non-pollutant generation technologies: a CML-analogous analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(1), pages 199-212, December.
    10. Azam, Anam & Rafiq, Muhammad & Shafique, Muhammad & Zhang, Haonan & Yuan, Jiahai, 2021. "Analyzing the effect of natural gas, nuclear energy and renewable energy on GDP and carbon emissions: A multi-variate panel data analysis," Energy, Elsevier, vol. 219(C).
    11. Fernando deLlano-Paz & Paulino Martinez Fernandez & Isabel Soares, 2016. "The effects of different CCS technological scenarios on EU low-carbon generation mix," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 18(5), pages 1477-1500, October.
    12. Zhang, Shuang & Zhao, Tao & Xie, Bai-Chen, 2018. "What is the optimal power generation mix of China? An empirical analysis using portfolio theory," Applied Energy, Elsevier, vol. 229(C), pages 522-536.
    13. Bigerna, Simona & Bollino, Carlo Andrea & Micheli, Silvia, 2016. "Renewable energy scenarios for costs reductions in the European Union," Renewable Energy, Elsevier, vol. 96(PA), pages 80-90.
    14. Salem Zeiny & Yassine Cherif & Stephane Lassue, 2023. "Analysis of the Thermo-Aeraulic Behavior of a Heated Supply Air Window in Forced Convection: Numerical and Experimental Approaches," Energies, MDPI, vol. 16(7), pages 1-27, April.
    15. César Berna-Escriche & Ángel Pérez-Navarro & Alberto Escrivá & Elías Hurtado & José Luis Muñoz-Cobo & María Cristina Moros, 2021. "Methodology and Application of Statistical Techniques to Evaluate the Reliability of Electrical Systems Based on the Use of High Variability Generation Sources," Sustainability, MDPI, vol. 13(18), pages 1-27, September.
    16. Dongmin Son & Joonrak Kim & Bongju Jeong, 2019. "Optimal Operational Strategy for Power Producers in Korea Considering Renewable Portfolio Standards and Emissions Trading Schemes," Energies, MDPI, vol. 12(9), pages 1-24, May.
    17. Shahsavari, Amir & Akbari, Morteza, 2018. "Potential of solar energy in developing countries for reducing energy-related emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 275-291.
    18. Alexey I. Shinkevich & Farida F. Galimulina & Yulia S. Polozhentseva & Alla A. Yarlychenko & Naira V. Barsegyan, 2021. "Computer Analysis of Energy and Resource Efficiency in the Context of Transformation of Petrochemical Supply Chains," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 529-536.
    19. Stamatios Ntanos & Michalis Skordoulis & Grigorios Kyriakopoulos & Garyfallos Arabatzis & Miltiadis Chalikias & Spyros Galatsidas & Athanasios Batzios & Apostolia Katsarou, 2018. "Renewable Energy and Economic Growth: Evidence from European Countries," Sustainability, MDPI, vol. 10(8), pages 1-13, July.
    20. Jose R. Vargas-Jaramillo & Jhon A. Montanez-Barrera & Michael R. von Spakovsky & Lamine Mili & Sergio Cano-Andrade, 2019. "Effects of Producer and Transmission Reliability on the Sustainability Assessment of Power System Networks," Energies, MDPI, vol. 12(3), pages 1-21, February.

    More about this item

    Keywords

    energy saving; resource saving; petrochemical enterprises; digital technologies; industrial digitalization; the DuPont system of analysis.;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2020-05-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.