Industrial Energy Management Systems and Energy-Related Decision-Making

Transitions is today’s debate in almost all topics both in academia and practice. Energy transitions among others, have received relatively more attention, due to the global demand for increasing energy efficiency and lowering environmental impacts. In recent decades, energy management systems, through implementing energy management programs and related practices within industrial companies, have played a vital role in enhancing industrial energy efficiency performance levels. However, still there are problems at very first step of energy management program installation, which is decision-making. Despite market and non-market failures, lack of information, inadequate knowledge, the consequent increase in the perception of risk and uncertainty can be addressed as potential reasons for mentioned problems. Another essential reason can be explained through how an energy program is characterized by people who are attending at an energy-related decision desk. Keeping in mind that allocation of the budget for any investment should not only have financial conformation, but also a strategic value for the company, this paper aims to discuss the impacting parameters on industrial energy-related decision-making and behavior patterns with respect to the critical role of industrial energy management systems.

[1]  R. Newell,et al.  Information programs for technology adoption: The case of energy-efficiency audits , 2004 .

[2]  Naim Afgan,et al.  MULTI-CRITERIA ASSESSMENT OF NEW AND RENEWABLE ENERGY POWER PLANTS , 2002 .

[3]  Henry Mintzberg,et al.  The Structure of "Unstructured" Decision Processes , 1976 .

[4]  R. Sutherland.  Market Barriers to Energy-Efficiency Investments , 1991 .

[5]  Arvind R. Singh,et al.  A review of multi criteria decision making (MCDM) towards sustainable renewable energy development , 2017 .

[6]  A. Jaffe,et al.  The energy-efficiency gap What does it mean? , 1994 .

[7]  Peter B. Cebon,et al.  'Twixt cup and lip organizational behaviour, technical prediction and conservation practice , 1992 .

[8]  Catherine Cooremans,et al.  Investment in energy efficiency: do the characteristics of investments matter? , 2012 .

[9]  P. Stern.  What psychology knows about energy conservation. , 1992 .

[10]  Patrik Thollander,et al.  Assessing the driving factors for energy management program adoption , 2017 .

[11]  Pekka Peura,et al.  From Malthus to sustainable energy—Theoretical orientations to reforming the energy sector , 2013 .

[12]  Bruce Tonn,et al.  Industrial energy efficiency decision making , 2000 .

[13]  Anthony Rigby,et al.  When Rhetoric Meets Reality - Implementing Policies Based On Market Failure: Some Observations From The Development And Delivery Of The UK’s Energy Efficiency Best Practice Programme , 2002 .

[14]  Aimee McKane,et al.  Making a stronger case for industrial energy efficiency by quantifying non-energy benefits , 2000 .

[15]  Patrik Thollander,et al.  Improving Energy Efficiency in Industrial Energy Systems: An Interdisciplinary Perspective on Barriers, Energy Audits, Energy Management, Policies, and Programs , 2012 .

[16]  Frank Venmans.  Triggers and barriers to energy efficiency measures in the ceramic, cement and lime sectors , 2014 .

[17]  W. E. Watkins,et al.  Investment in Energy Efficiency: Do the Characteristics of Firms Matter? , 1998, Review of Economics and Statistics.

[18]  P. Nijkamp,et al.  Energy Saving by Firms, Decision-Making, Barriers and Policies , 2001 .

[19]  J. Jackson,et al.  Promoting energy efficiency investments with risk management decision tools , 2010 .

[20]  G. Sandahl,et al.  Capital budgeting methods among Sweden's largest groups of companies. The state of the art and a comparison with earlier studies , 2003 .

[21]  Maria T. Johansson,et al.  Empirical investigation of barriers and drivers to the adoption of energy conservation measures, energy management practices and energy services in the Swedish iron and steel industry , 2014 .

[22]  Patrik Thollander,et al.  Industrial energy management decision making for improved energy efficiency-strategic system perspectives and situated action in combination , 2015 .

[23]  Jingzheng Ren,et al.  Multi-criteria decision making for the prioritization of energy systems under uncertainties after life cycle sustainability assessment , 2018, Sustainable Production and Consumption.

[24]  Yueming Qiu,et al.  Implied discount rate and payback threshold of energy efficiency investment in the industrial sector , 2015 .

[25]  Christophe Bredillet,et al.  Perspectives on research in project management: the nine schools , 2013 .

[26]  Franklin P. Mills,et al.  Rethinking the role of occupant behavior in building energy performance: A review , 2018, Energy and Buildings.

[27]  Tobias Brosch,et al.  Affective Influences on Energy-Related Decisions and Behaviors , 2014, Front. Energy Res..

[28]  Peter Sandberg,et al.  Industrial energy efficiency: the need for investment decision support from a manager perspective , 2003 .

[29]  Erwin H. Bulte,et al.  Does the Energy-Efficiency Paradox Exist? Technological Progress and Uncertainty , 2001 .

[30]  Jane Harris,et al.  Investment in energy efficiency: a survey of Australian firms , 2000 .

[31]  Mikael Ottosson,et al.  Energy management practices in Swedish energy-intensive industries , 2010 .

[32]  Mostafa Zandieh,et al.  A multi criteria decision making framework for sustainability assessment of bioenergy production technologies with hesitant fuzzy linguistic term sets: The case of Iran , 2017 .

[33]  Ernst Worrell,et al.  The characteristics of energy-efficiency measures – a neglected dimension , 2012 .

[34]  Catherine Cooremans.  Make it strategic! Financial investment logic is not enough , 2011 .