1Department of Economy and Foreign Economic Activity, North-Caucasus Federal University, Stavropol, Russian Federation
2Department of Operation of Road Transport and Car Service, Federal State Autonomous Institution of Higher Education North-Eastern Federal University named after MK Ammosov, Yakutsk, Russian Federation
3Department of Mechanization of Agricultural Production, Federal State Budgetary Institution of Higher Education Arctic State Agrotechnological University, Yakutsk, Russian Federation
4 Department of Power Engineering, Khanty-Mansiysk Branch of PJSC RussNeft, Khanty-Mansiysk, Russian Federation
5 Department of Integrated Water Management and Hydraulics, Russian State Agrarian University-Moscow Timiryazev Agricultural Academy, Moscow, Russian Federation
BibTex Citation Data :
@article{IJRED37908, author = {Denis Syromyatnikov and Varvara Druzyanova and Aleksandr Beloglazov and Alexander Bakshtanin and Tatiana Matveeva}, title = {Evaluation of the Economic Profitability of Using Renewable Energy Sources in Agro-Industrial Companies}, journal = {International Journal of Renewable Energy Development}, volume = {10}, number = {4}, year = {2021}, keywords = {competitiveness; correlation; hierarchical synthesis; model; renewable sources; scenario}, abstract = { The study of the impact of the availability of renewable energy sources (RES) on the competitiveness and cost reduction opportunities is an actual objective for agro-industrial enterprises in the present time. The purpose of this paper was to develop a methodological approach based on a questionnaire survey, an integrated indicator of enterprise competitiveness, a model for assessing energy conservation costs, and regression analysis combined with a hierarchical synthesis of 20 Russian agro-industrial companies. The solution of the problem of nonlinear optimization of agro-industrial companies made it possible to determine the excess of the competitiveness criterion over the criterion of energy conservation cost reduction as a result of the use of RES. The conducted regression analysis showed a close relationship between the competitiveness of the companies under study and the availability of RES. Modeling and hierarchical synthesis of the study results confirmed that the use of RES in the activities of agro-industrial companies stimulates their competitive potential reflected by the competitiveness index and minimizes energy conservation costs. It was also found that there is an inverse regression relationship with a high degree of correlation between the provision of RES and the cost of energy-saving measures. Hence, it can be argued that a greater emphasis on the provision of Russian agro-industrial enterprises with RES can lead to their more sustainable and efficient development due to increased competitiveness and better cost reduction strategies. }, pages = {827--837} doi = {10.14710/ijred.2021.37908}, url = {https://ejournal.undip.ac.id/index.php/ijred/article/view/37908} }
Refworks Citation Data :
Article Metrics:
Last update:
Study on properties of reinforced concrete structures in seismic regions
Modelling the Optimal Electricity Mix for Togo by 2050 Using OSeMOSYS
Case study for optimum techno-economic integration of PV and anaerobic digestion for sustainable agri-business
Improving a solar collector's efficiency by selecting the composition of the working fluid used
Supply and Demand Characteristics of Palm Kernel Shell as a Renewable Energy Source for Industries
Key Aspects of Palm Kernel Shell Supply Chain for Industrial Renewable Energy Applications
Last update: 2024-11-13 13:59:00
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. Articles are freely available to both subscribers and the wider public with permitted reuse.
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options: Creative Commons Attribution-ShareAlike (CC BY-SA). Authors and readers can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (cite to the article or content), provide a link to the license, and indicate if changes were made. If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
International Journal of Renewable Energy Development (ISSN:2252-4940) published by CBIORE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.