IDEAS home Printed from https://ideas.repec.org/h/spr/conchp/978-3-031-26596-9_8.html
   My bibliography  Save this book chapter

Analysis of the Efficiency of Energy Management at the Metallurgical Enterprise

In: Economic Development and the Environmental Ecosystem

Author

Listed:
  • Tomonobu Sengyu

    (University of the Ryukyus)

  • Vikas Khare

    (NMIMS)

Abstract

Energy analysis is a branch of economic analysis that identifies and evaluates key performance indicators for energy consumption and energy saving, with reference to the main goals and objectives of the enterprise. Energy efficiency expresses the value of the useful use of various types of energy, that is, the energy that is consumed when performing the main activity of the enterprise. The most important indicator of energy efficiency is the energy intensity of production, calculated as the specific consumption of energy resources per unit of production. For different types of energy resources, special coefficients must be used to convert them into conventional units of energy intensity or toe (tons of oil equivalent), as well as into a specific amount of energy obtained from their use. The energy efficiency indicator is considered to be universal and can be used to compare enterprises operating in different areas, as well as in different industries. Also, this indicator, as a rule, acts as an object of normalization. In view of the fact that in the production structure of metallurgical enterprises, the main place is occupied by production divisions, which are most often represented by workshops where finished products or semi-finished products (cast iron, steel billets, etc.) are manufactured, it is advisable to evaluate the efficiency of use by the structural division. Rolling and steelmaking shops are the most energy-intensive in metallurgy. As part of workshops, enterprises have production units where a certain stage of production is performed and energy resources are consumed. These divisions include land plots. In this regard, it makes sense to group the energy intensity indicator by functional and structural characteristics, in order to develop specific proposals for improving the efficiency of energy use in various structures of enterprises.

Suggested Citation

  • Tomonobu Sengyu & Vikas Khare, 2023. "Analysis of the Efficiency of Energy Management at the Metallurgical Enterprise," Contributions to Economics, in: Hasan Dincer & Serhat YĆ¼ksel (ed.), Economic Development and the Environmental Ecosystem, chapter 0, pages 87-99, Springer.
  • Handle: RePEc:spr:conchp:978-3-031-26596-9_8
    DOI: 10.1007/978-3-031-26596-9_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:conchp:978-3-031-26596-9_8. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.