Modelling of energy efficiency factors of petrochemical industry

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Abstract

The relevance of the article is due to the fact that the issues of improving the energy efficiency of the petrochemical industry are constantly developing and require the development of new methodological solutions and management tools. The solution of the identified tasks will allow to reveal new directions of improvement of stability of the petrochemical complex and increase of its competitiveness. The purpose of the article is to determine the relationship between energy efficiency indicators and industrial production indicators, as well as to cluster regions in which the oil production and oil refining industry is present in order to systematize the factors of their development. The article analyses energy efficiency and energy saving systems on the example of enterprises-representatives of the petrochemical complex; the relationship between the industrial production index and energy saving indicators in the petrochemical industry has been identified; regional petrochemical complexes were clustered based on their energy intensity. The materials of the article can be used in the development of energy efficiency strategies and programs in petrochemical enterprises, which will increase their economic and production efficiency, as well as competitiveness in the context of transformation of the entire macroeconomic system to achieve its sustainability.

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APA

Shinkevich, A. I., Kudryavtseva, S. S., & Ershova, I. G. (2020). Modelling of energy efficiency factors of petrochemical industry. International Journal of Energy Economics and Policy, 10(3), 465–470. https://doi.org/10.32479/ijeep.9396

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