Energy Efficiency Improvement in the Interface between Industry and Its Service Providers

L. Sivill, J. Federley, I. Hippinen, Jussi Manninen, P. Ahtila

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

This paper focuses on the interface between industry and its service providers in Finland to describe the current situation of barriers to energy efficiency improvement. The paper is based on empirical data from two interview studies carried out in industry and its equipment, systems and service providers. The results indicate an increasing interest in energy efficiency. The most important barriers to energy efficiency improvement are related to principal agent problems, i.e. incomplete information and information asymmetry in carrying out energy analyses and energy efficiency investment projects. These problems may be overcome by investing in energy performance measurement and building a more analytic and discussion-oriented investment project culture.
Original languageEnglish
Pages (from-to)325-330
JournalChemical Engineering Transactions
Volume21
DOIs
Publication statusPublished - 2010
MoE publication typeA1 Journal article-refereed
Event13th International Conference on Process Integration, Modelling and Optimisation for Energy Saving and Pollution Reduction, PRES 2010 - Prague, Czech Republic
Duration: 28 Aug 20101 Sep 2010
Conference number: 13

Fingerprint

Energy efficiency
Industry

Keywords

  • energy efficiency
  • investments

Cite this

@article{b14fb02365e4491eb704e6c43eca5e8a,
title = "Energy Efficiency Improvement in the Interface between Industry and Its Service Providers",
abstract = "This paper focuses on the interface between industry and its service providers in Finland to describe the current situation of barriers to energy efficiency improvement. The paper is based on empirical data from two interview studies carried out in industry and its equipment, systems and service providers. The results indicate an increasing interest in energy efficiency. The most important barriers to energy efficiency improvement are related to principal agent problems, i.e. incomplete information and information asymmetry in carrying out energy analyses and energy efficiency investment projects. These problems may be overcome by investing in energy performance measurement and building a more analytic and discussion-oriented investment project culture.",
keywords = "energy efficiency, investments",
author = "L. Sivill and J. Federley and I. Hippinen and Jussi Manninen and P. Ahtila",
note = "Project code: 24587",
year = "2010",
doi = "10.3303/CET102100155",
language = "English",
volume = "21",
pages = "325--330",
journal = "Chemical Engineering Transactions",
issn = "1974-9791",
publisher = "AIDIC-Italian Association of Chemical Engineering",

}

Energy Efficiency Improvement in the Interface between Industry and Its Service Providers. / Sivill, L.; Federley, J.; Hippinen, I.; Manninen, Jussi; Ahtila, P.

In: Chemical Engineering Transactions, Vol. 21, 2010, p. 325-330.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Energy Efficiency Improvement in the Interface between Industry and Its Service Providers

AU - Sivill, L.

AU - Federley, J.

AU - Hippinen, I.

AU - Manninen, Jussi

AU - Ahtila, P.

N1 - Project code: 24587

PY - 2010

Y1 - 2010

N2 - This paper focuses on the interface between industry and its service providers in Finland to describe the current situation of barriers to energy efficiency improvement. The paper is based on empirical data from two interview studies carried out in industry and its equipment, systems and service providers. The results indicate an increasing interest in energy efficiency. The most important barriers to energy efficiency improvement are related to principal agent problems, i.e. incomplete information and information asymmetry in carrying out energy analyses and energy efficiency investment projects. These problems may be overcome by investing in energy performance measurement and building a more analytic and discussion-oriented investment project culture.

AB - This paper focuses on the interface between industry and its service providers in Finland to describe the current situation of barriers to energy efficiency improvement. The paper is based on empirical data from two interview studies carried out in industry and its equipment, systems and service providers. The results indicate an increasing interest in energy efficiency. The most important barriers to energy efficiency improvement are related to principal agent problems, i.e. incomplete information and information asymmetry in carrying out energy analyses and energy efficiency investment projects. These problems may be overcome by investing in energy performance measurement and building a more analytic and discussion-oriented investment project culture.

KW - energy efficiency

KW - investments

U2 - 10.3303/CET102100155

DO - 10.3303/CET102100155

M3 - Article

VL - 21

SP - 325

EP - 330

JO - Chemical Engineering Transactions

JF - Chemical Engineering Transactions

SN - 1974-9791

ER -