IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v139y2021ics1364032120309278.html
   My bibliography  Save this article

Covid-19 shock: Development of strategic management framework for global energy

Author

Listed:
  • Chofreh, Abdoulmohammad Gholamzadeh
  • Goni, Feybi Ariani
  • Klemeš, Jiří Jaromír
  • Seyed Moosavi, Seyed Mohsen
  • Davoudi, Mehdi
  • Zeinalnezhad, Masoomeh

Abstract

Energy resources are vital for the economic development of any nation, and they are currently recognised as an essential commodity for human beings. Many countries are facing various levels up to severe energy crisis due to limited natural resources, coupled with the Covid-19 pandemic. This crisis can lead to the shutdown or restriction of many industrial units, limited energy access, exacerbating unemployment, simultaneous impacts on people's lives. The main reason for these problems is the increasing gap between energy supply and demand, logistics, financial issues, as well as ineffective strategic planning issues. Different countries have different visions, missions, and strategies for energy management. Integrated strategic management is requisite for managing global energy. This study aims to develop a strategic management framework that can be used as a methodology for policymakers to analyse, plan, implement, and evaluate the energy strategy globally. A conceptual research method that relies on examining the related literature is applied to develop the framework. The present study yielded two main observations: 1) The identification of key concepts to consider in designing the strategic management framework for global energy, and 2) A strategic management framework that integrates the scope, process, important components, and steps to manage global energy strategies. This framework would contribute to providing a standard procedure to manage energy strategies for policymakers at the global, regional, national, state, city, district, and sector levels.

Suggested Citation

  • Chofreh, Abdoulmohammad Gholamzadeh & Goni, Feybi Ariani & Klemeš, Jiří Jaromír & Seyed Moosavi, Seyed Mohsen & Davoudi, Mehdi & Zeinalnezhad, Masoomeh, 2021. "Covid-19 shock: Development of strategic management framework for global energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 139(C).
    • Handle: RePEc:eee:rensus:v:139:y:2021:i:c:s1364032120309278
    DOI: 10.1016/j.rser.2020.110643
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032120309278
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2020.110643?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Scholten, Daniel & Bosman, Rick, 2016. "The geopolitics of renewables; exploring the political implications of renewable energy systems," Technological Forecasting and Social Change, Elsevier, vol. 103(C), pages 273-283.
    2. Klemeš, Jiří Jaromír & Fan, Yee Van & Tan, Raymond R. & Jiang, Peng, 2020. "Minimising the present and future plastic waste, energy and environmental footprints related to COVID-19," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    3. Terrados, J. & Almonacid, G. & Pérez-Higueras, P., 2009. "Proposal for a combined methodology for renewable energy planning. Application to a Spanish region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2022-2030, October.
    4. Bilgen, S., 2014. "Structure and environmental impact of global energy consumption," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 890-902.
    5. Long, Sebastian & Marjanovic, Ognjen & Parisio, Alessandra, 2019. "Generalised control-oriented modelling framework for multi-energy systems," Applied Energy, Elsevier, vol. 235(C), pages 320-331.
    6. Abbaszadeh, Payam & Maleki, Abbas & Alipour, Mohammad & Maman, Yaser Kanani, 2013. "Iran's oil development scenarios by 2025," Energy Policy, Elsevier, vol. 56(C), pages 612-622.
    7. Sean Pascoe & Toni Cannard & Natalie A. Dowling & Catherine M. Dichmont & Sian Breen & Tom Roberts & Rachel J. Pears & George M. Leigh, 2019. "Developing Harvest Strategies to Achieve Ecological, Economic and Social Sustainability in Multi-Sector Fisheries," Sustainability, MDPI, vol. 11(3), pages 1-21, January.
    8. Prasad, Ravita D. & Bansal, R.C. & Raturi, Atul, 2014. "Multi-faceted energy planning: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 686-699.
    9. Arababadi, Reza & Moslehi, Salim & El Asmar, Mounir & Haavaldsen, Tore & Parrish, Kristen, 2017. "Energy policy assessment at strategic, tactical, and operational levels: Case studies of EU 20-20-20 and U.S. Executive Order 13514," Energy Policy, Elsevier, vol. 109(C), pages 530-538.
    10. Mollahosseini, Arash & Hosseini, Seyed Amid & Jabbari, Mostafa & Figoli, Alberto & Rahimpour, Ahmad, 2017. "Renewable energy management and market in Iran: A holistic review on current state and future demands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 774-788.
    11. Wu, X.F. & Chen, G.Q., 2019. "Global overview of crude oil use: From source to sink through inter-regional trade," Energy Policy, Elsevier, vol. 128(C), pages 476-486.
    12. Suparak Suriyankietkaew & Phallapa Petison, 2019. "A Retrospective and Foresight: Bibliometric Review of International Research on Strategic Management for Sustainability, 1991–2019," Sustainability, MDPI, vol. 12(1), pages 1-27, December.
    13. Sungmin Kang & Youn Kue Na, 2020. "Effects of Strategy Characteristics for Sustainable Competitive Advantage in Sharing Economy Businesses on Creating Shared Value and Performance," Sustainability, MDPI, vol. 12(4), pages 1-21, February.
    14. Plank, Josef & Doblinger, Claudia, 2018. "The firm-level innovation impact of public R&D funding: Evidence from the German renewable energy sector," Energy Policy, Elsevier, vol. 113(C), pages 430-438.
    15. Pursiheimo, Esa & Holttinen, Hannele & Koljonen, Tiina, 2019. "Inter-sectoral effects of high renewable energy share in global energy system," Renewable Energy, Elsevier, vol. 136(C), pages 1119-1129.
    16. Tofigh, Ali.A. & Abedian, Maryam, 2016. "Analysis of energy status in Iran for designing sustainable energy roadmap," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1296-1306.
    17. Spyridon Achinas & Johan Horjus & Vasileios Achinas & Gerrit Jan Willem Euverink, 2019. "A PESTLE Analysis of Biofuels Energy Industry in Europe," Sustainability, MDPI, vol. 11(21), pages 1-24, October.
    18. Klemeš, Jiří Jaromír & Fan, Yee Van & Jiang, Peng, 2020. "The energy and environmental footprints of COVID-19 fighting measures – PPE, disinfection, supply chains," Energy, Elsevier, vol. 211(C).
    19. Chen, G.Q. & Wu, X.F., 2017. "Energy overview for globalized world economy: Source, supply chain and sink," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 735-749.
    20. Alizadeh, Reza & Lund, Peter D. & Beynaghi, Ali & Abolghasemi, Mahdi & Maknoon, Reza, 2016. "An integrated scenario-based robust planning approach for foresight and strategic management with application to energy industry," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 162-171.
    21. Tawse, Alex & Patrick, Vanessa M. & Vera, Dusya, 2019. "Crossing the chasm: Leadership nudges to help transition from strategy formulation to strategy implementation," Business Horizons, Elsevier, vol. 62(2), pages 249-257.
    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. Minh-Tai Le & Nhat-Luong Nhieu, 2022. "A Novel Multi-Criteria Assessment Approach for Post-COVID-19 Production Strategies in Vietnam Manufacturing Industry: OPA–Fuzzy EDAS Model," Sustainability, MDPI, vol. 14(8), pages 1-25, April.
    2. Lazo, Joaquín & Aguirre, Gerson & Watts, David, 2022. "An impact study of COVID-19 on the electricity sector: A comprehensive literature review and Ibero-American survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
    3. Xue, Longfei & Gong, Yeming & Yang, Bingnan & Xu, Xianhao, 2024. "Resilience, efficiency fluctuations, and regional heterogeneity in disaster: An empirical study on logistics," Socio-Economic Planning Sciences, Elsevier, vol. 93(C).
    4. Anna Stankowska, 2022. "Sustainability Development: Assessment of Selected Indicators of Sustainable Energy Development in Poland and in Selected EU Member States Prior to COVID-19 and Following the Third Wave of COVID-19," Energies, MDPI, vol. 15(6), pages 1-23, March.
    5. Janaína Oliveira Gonçalves & Carolina Moreno Fruto & Mauricio Jaraba Barranco & Marcos Leandro Silva Oliveira & Claudete Gindri Ramos, 2022. "Recovery of Degraded Areas through Technosols and Mineral Nanoparticles: A Review," Sustainability, MDPI, vol. 14(2), pages 1-13, January.
    6. Rahmani, Amir & Mashayekh, Javad & Aboojafari, Roohallah & Bonyadi Naeini, Ali, 2023. "Determinants of households' intention for investment in renewable energy projects," Renewable Energy, Elsevier, vol. 205(C), pages 823-837.
    7. Li, Zepei & Huang, Haizhen, 2023. "Challenges for volatility forecasts of US fossil energy spot markets during the COVID-19 crisis," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 31-45.

    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. Li, Yilin & Chen, Bin & Li, Chaohui & Li, Zhi & Chen, Guoqian, 2020. "Energy perspective of Sino-US trade imbalance in global supply chains," Energy Economics, Elsevier, vol. 92(C).
    2. Masoomeh Zeinalnezhad & Abdoulmohammad Gholamzadeh Chofreh & Feybi Ariani Goni & Jiří Jaromír Klemeš & Emelia Sari, 2020. "Simulation and Improvement of Patients’ Workflow in Heart Clinics during COVID-19 Pandemic Using Timed Coloured Petri Nets," IJERPH, MDPI, vol. 17(22), pages 1-18, November.
    3. Mollahosseini, Arash & Hosseini, Seyed Amid & Jabbari, Mostafa & Figoli, Alberto & Rahimpour, Ahmad, 2017. "Renewable energy management and market in Iran: A holistic review on current state and future demands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 774-788.
    4. Tseng, Ming-Lang & Ardaniah, Viqi & Sujanto, Raditia Yudistira & Fujii, Minoru & Lim, Ming K., 2021. "Multicriteria assessment of renewable energy sources under uncertainty: Barriers to adoption," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    5. Usubiaga-Liaño, Arkaitz & Arto, Iñaki & Acosta-Fernández, José, 2021. "Double accounting in energy footprint and related assessments: How common is it and what are the consequences?," Energy, Elsevier, vol. 222(C).
    6. Jiang, Peng & Klemeš, Jiří Jaromír & Fan, Yee Van & Fu, Xiuju & Tan, Raymond R. & You, Siming & Foley, Aoife M., 2021. "Energy, environmental, economic and social equity (4E) pressures of COVID-19 vaccination mismanagement: A global perspective," Energy, Elsevier, vol. 235(C).
    7. Yan, Hongzhi & Hu, Bin & Wang, Ruzhu, 2021. "Air-source heat pump heating based water vapor compression for localized steam sterilization applications during the COVID-19 pandemic," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    8. Alipour, Mohammad & Hafezi, Reza & Ervural, Bilal & Kaviani, Mohamad Amin & Kabak, Özgür, 2018. "Long-term policy evaluation: Application of a new robust decision framework for Iran's energy exports security," Energy, Elsevier, vol. 157(C), pages 914-931.
    9. Zahraee, Seyed Mojib & Rahimpour Golroudbary, Saeed & Shiwakoti, Nirajan & Stasinopoulos, Peter, 2021. "Particle-Gaseous pollutant emissions and cost of global biomass supply chain via maritime transportation: Full-scale synergy model," Applied Energy, Elsevier, vol. 303(C).
    10. Morteza Aien & Omid Mahdavi, 2020. "On the Way of Policy Making to Reduce the Reliance of Fossil Fuels: Case Study of Iran," Sustainability, MDPI, vol. 12(24), pages 1-28, December.
    11. Wang, Xue-Chao & Klemeš, Jiří Jaromír & Wang, Yutao & Foley, Aoife & Huisingh, Donald & Guan, Dabo & Dong, Xiaobin & Varbanov, Petar Sabev, 2021. "Unsustainable imbalances and inequities in Carbon-Water-Energy flows across the EU27," Renewable and Sustainable Energy Reviews, Elsevier, vol. 138(C).
    12. Zhao, Xiang & Klemeš, Jiří Jaromír & Fengqi You,, 2022. "Energy and environmental sustainability of waste personal protective equipment (PPE) treatment under COVID-19," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    13. Jinghui Liu & Tingting Geng & Xingwei Wang & Guojin Qin, 2020. "Determinants of Oil Footprints Embodied in Sino-US Trade: A Perspective from the Globalizing World," Energies, MDPI, vol. 13(15), pages 1-26, July.
    14. Peng Jiang & Jiří Jaromír Klemeš & Yee Van Fan & Xiuju Fu & Yong Mong Bee, 2021. "More Is Not Enough: A Deeper Understanding of the COVID-19 Impacts on Healthcare, Energy and Environment Is Crucial," IJERPH, MDPI, vol. 18(2), pages 1-22, January.
    15. Nadirah Hazwani Najib & Syuhaida Ismail & Rohayah Che Amat & Serdar Durdyev & Zdeňka Konečná & Abdoulmohammad Gholamzadeh Chofreh & Feybi Ariani Goni & Chitdrakantan Subramaniam & Jiří Jaromír Klemeš, 2022. "Stakeholders’ Impact Factors of the COVID-19 Pandemic on Sustainable Mixed Development Projects: A Systematic Review and Meta-Analysis," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    16. Ji, Xi & Liu, Yifang & Meng, Jing & Wu, Xudong, 2020. "Global supply chain of biomass use and the shift of environmental welfare from primary exploiters to final consumers," Applied Energy, Elsevier, vol. 276(C).
    17. Alipour, M. & Alighaleh, S. & Hafezi, R. & Omranievardi, M., 2017. "A new hybrid decision framework for prioritizing funding allocation to Iran's energy sector," Energy, Elsevier, vol. 121(C), pages 388-402.
    18. Alipour, M. & Hafezi, R. & Amer, M. & Akhavan, A.N., 2017. "A new hybrid fuzzy cognitive map-based scenario planning approach for Iran's oil production pathways in the post–sanction period," Energy, Elsevier, vol. 135(C), pages 851-864.
    19. Seferlis, Panos & Varbanov, Petar Sabev & Papadopoulos, Athanasios I. & Chin, Hon Huin & Klemeš, Jiří Jaromír, 2021. "Sustainable design, integration, and operation for energy high-performance process systems," Energy, Elsevier, vol. 224(C).
    20. Wang, Ni & Heijnen, Petra W. & Imhof, Pieter J., 2020. "A multi-actor perspective on multi-objective regional energy system planning," Energy Policy, Elsevier, vol. 143(C).

    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:eee:rensus:v:139:y:2021:i:c:s1364032120309278. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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.