WSEAS Transactions on Environment and Development
Print ISSN: 1790-5079, E-ISSN: 2224-3496
Volume 18, 2022
Security of Energy Interests of Enterprises: Innovative Competencies of Personnel, Public Administration and Role of Exchange Trade
Authors: , , , , , , ,
Abstract: The article proposes a methodology for assessing the state of security of energy interests of enterprises. In order to apply this methodology, security of energy interests is split into two components: security of energy efficiency and that of energy supply. Indicators and their corresponding liminal values are set for each of the components. A feature of the proposed assessment methodology is that it takes into account the speed at which actual security indicators can reach their liminal value. Application of the methodology allows us to conclude about the need for managerial intervention, decision-making and taking appropriate measures to improve security of energy interests as a whole and its individual components. The calculations conducted reveal that the actual indicators of energy supply security in 2018-2019 were equal to 1 at all mining enterprises of Ukraine. According to the value interpretation scale developed in the study, this value means that the state of security of energy supply was excellent (very high). In contrast, the state of energy efficiency security was not so stable and tended to deteriorate. The catastrophic state of energy efficiency security was detected at one of the mining enterprises under study, namely the PrJSC InGZK, in 2019, as the corresponding security indicator equaled zero. The obtained values of the state of security of energy efficiency are determinant for the general state of security of energy interests of the enterprises under study. In the article there are presented four directions to ensure security of energy interests of mining and metallurgical enterprises. The first direction provides for improvement of government regulation of the energy market. The second direction deals with reorientation of the production apparatus and introduction of resource-saving technologies that are to dramatically reduce energy and fuel intensity. The third direction involves more active participation in energy exchange trading. The fourth direction consists in attracting and training employees in new competencies and professions necessary for development, introduction and implementation of innovative energy-saving technologies at the enterprises and transition to an energy business model.
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Keywords: security, exchange, decarbonization, government regulation, energy interests, energy markets
Pages: 565-574
DOI: 10.37394/232015.2022.18.55