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Economising on energy flows at higher policy analysis organizational levels
Linnaeus University, Faculty of Health and Life Sciences, Department of Biology and Environmental Science.ORCID iD: 0000-0003-2709-7052
Linnaeus University, Faculty of Health and Life Sciences, Department of Biology and Environmental Science.ORCID iD: 0000-0002-1903-760X
2015 (English)In: International Journal of Energy, Environment and Economics, ISSN 1054-853X, Vol. 23, no 1, 93-111 p.Article in journal (Refereed) Published
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Text
Abstract [en]

A cost structure is proposed for economising on the energy usage considering regional, national and global operating scales. The introduced methodology involves business administration theory and economics and employs the previously introduced equality principle and the model for Efficient Use of Resources for Optimal Production Economy (EUROPE) to impose shadow costs on unwanted energy residuals which induce economic incentives to reduce such spillages at the source. A case study presents the practical application of the proposed theory in a national and global context. It is concluded that the introduced methodology is useful for increasing the cost-effectiveness and making the usage of major energy resources in general more efficient. Profitability increases, technology is advanced and environmental conditions improve when the EUROPE model is applied on activities that involve energy spillages at higher policy analysis levels. Furthermore, the equity of the distribution of major energy system facilities is improved. The developed methods are suitable information support tools for decision-making in the management of energy resources.

Place, publisher, year, edition, pages
2015. Vol. 23, no 1, 93-111 p.
Keyword [en]
Economising, Energy spillages, Equality principle, Resources
National Category
Economics and Business
Research subject
Economy
Identifiers
URN: urn:nbn:se:lnu:diva-55169Scopus ID: 2-s2.0-84959321272OAI: oai:DiVA.org:lnu-55169DiVA: diva2:952554
Available from: 2016-08-15 Created: 2016-08-10 Last updated: 2017-01-25Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • text
  • asciidoc
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