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

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  • 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
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    References listed on IDEAS

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    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.
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    Cited by:

    1. 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.
    2. 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).
    3. 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.

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    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

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