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

• Main Author: Alexey I. Shinkevich
• Format: Article
• Language: English
• Published: EconJournals 2020-08-01
• Series: International Journal of Energy Economics and Policy
• Online Access: https://econjournals.com/index.php/ijeep/article/view/9837

<p>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.</p><p><strong>Keywords: </strong>energy saving, resource saving, petrochemical enterprises, digital technologies, industrial digitalization, the DuPont system of analysis.</p><p><strong>JEL Classifications: </strong>L60, Q43, С21</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.9837">https://doi.org/10.32479/ijeep.9837</a></p>