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Energy

Friday, 09. March 2012 |

Internal and External Policy and Legal Challenges in the EU in Achieving a Sustainable, Competitive and Secure Internal Energy Market and the Integration of Electricity from Renewable Energy Sources into the Energy System

Internal and External Policy and Legal Challenges in the EU in Achieving a Sustainable, Competitive and Secure Internal Energy Market and the Integration of Electricity from Renewable Energy Sources into the Energy SystemVan Hende, K. 2011 I : Nordisk Miljörättslig Tidskrift/Nordic Environmental Law Journal. 2011, 2, s. 53-86.Publikation: Forskning - peer review › TidsskriftartikelOriginalsprogEngelskTidsskriftNordisk Miljörättslig Tidskrift/Nordic Environmental Law JournalUdgivelsesdato2011Vol/bind2011Tidsskriftsnummer2Sider53-86ISSN2000-4273StatusUdgivet

Tuesday, 21. February 2012 |

Patterns of sustainability values among subsidiaries

Patterns of sustainability values among subsidiariesRask, M. & Lauring, J. 2012 I : International Journal of Sustainable Strategic Management. 15 s.Publikation: Forskning - peer review › TidsskriftartikelThe increasing trend of globalization and environmental challenges makes the understanding of sustainability issues in international business a growing topic throughout the world. This study illustrates the challenge of an organization as it becomes larger and more diverse to keep the core values alive. We focused on a multinational corporation with more than 30 years’ experience with sustainability issues. It is one of the world’s top manufacturers of renewable energy equipment. We found a very high diversity in sustainability perceptions. This exploratory study is based on a broad sample within one company, and it created new empirical insights enhancing the understanding of the sustainability theme in international business by creating a framework for describing patterns of sustainability understandings among international business units. This framework is useable by management to describe, explore and trigger new ways of thinking and to facilitate corporate culture change through coordination and configuration of the system of values and beliefs regarding sustainability among employees in the company. OriginalsprogEngelskTidsskriftInternational Journal of Sustainable Strategic ManagementUdgivelsesdato2012Antal sider15ISSN1753-3600StatusAccepteret

Monday, 13. February 2012 |

Utilities’ Technology Management of Smart Grid Innovation and Implementation

Utilities’ Technology Management of Smart Grid Innovation and ImplementationTambo, T. 20 jul 2012 Proceedings of the First International Conference on Technology Management. Bangalore s. 1-13. 13 s.Publikation: Forskning - peer review › Konferencebidrag i proceedingsTo create sustainability in society’s energy system, power producers and consumers need smart grid technology to balance among producing and consuming units. Smart grid makes up a host of specifications, unproven products and concepts as well as a strong and dedicated innovation process for utility companies. Few proven concepts exist, and with the prolongation, smart grid represents an excellent case of technology management. The current study uses a series of loosely related technological studies of smart grid technologies in SME electricity companies to highlight and characterise critical issues. Major findings are that the companies have limited capabilities in management of technology despite both strong push and pull, and they suffer from vaguely expressed objectives.OriginalsprogEngelskTitelProceedings of the First International Conference on Technology ManagementAntal sider13UdgivelsesstedBangaloreUdgivelsesdato20 jul 2012Sider1-13StatusAccepteret

Friday, 10. February 2012 |

Commodity derivatives pricing with inventory effects

Commodity derivatives pricing with inventory effectsBach, C. & Dziubinski, M. P. 10 feb 2012 Aarhus : Institut for Økonomi, Aarhus Universitet, 70 s.(CREATES Research Papers; 2012-06).Publikation: Forskning › Working paperWe introduce tractable models for commodity derivatives pricing with inventory and volatility eects, and illustrate with applications to the oil market. We contribute to the existing literature in several respects. First, whereas the previous literature uses futures data for investigating the relationship between inventory and volatility, we use the information available in options traded on futures. Second, performance assessment in the previous literature has primarily evolved around explaining moments of data or forecasting prices of futures. Instead, we asses the performance of our model by considering both the ability of explaining prices in-sample and out-of-sample - assessing both the pricing-performance and the hedging-performance of the models. Third, we model the futures surface rather than the spot price process, and from the no-arbitrage relationship between spot and futures prices we limit the number of parameters to calibrate. We introduce a new, maturity-wise calibration method compatible with this modeling methodology. Fourth, we use actual data on inventories rather than a proxy. Fifth, our model is very exible and allows for testing several dierent types of relationships between inventory and volatility.OriginalsprogEngelskUdgivelsesstedAarhusForlagInstitut for Økonomi, Aarhus UniversitetUdgivelsesdato10 feb 2012Antal sider70StatusUdgivetPublikationsserierSerieCREATES Research PapersForlagInstitut for Økonomi, Aarhus UniversitetNummer2012-06

Monday, 30. January 2012 |

Turning CSR on it's head: CarrotMob.org using Social Media to entice local businesses to reduce their ecological footprint in the US and EU

Turning CSR on it's head: CarrotMob.org using Social Media to entice local businesses to reduce their ecological footprint in the US and EUKampf, C. E. 2011Publikation: Forskning › Konferenceabstrakt til konferenceCSR takes a stakeholder approach that considers a broader definition of people who can affect and are affected by firms (Freeman 1984, Donaldson & Preston 1995). Currently, CSR is conceptualized from the perspective of firms choosing their practices based on communication with these stakeholders. However, from a technology perspective, Howe (2009) argues that the boundaries of the firm are becoming porous, and through social media people are contributing some of their best energy for free. These technology empowered stakeholders can be resources for strategy when the firm is seen as having porous, rather than impermeable boundaries. Thus, social and mobile media can be approached as a force that works at further eroding boundaries between the firm and technology empowered individuals equipped with their personal agendas and social media capital. As an example of social media turning tradition on its head, Carrotmob.org turns a firm-focused understanding of the CSR conversation upside down by providing a platform for consumers to bring their ideas about CSR to local firms, engaging the firms in a competition to pledge a percentage of their profits during an afternoon towards reducing their ecological footprint. Then CarrotMob members use social media to recruit as many customers as possible to shop at that time, thus increasing both profits and available resources for the business to engage in sustainability. As sustainability and CSR are enacted differently in the US and EU (Matten and Moon 2004, Kampf 2007), this paper analyzes YouTube videos of CarrotMob events, comparing and contrasting ways in which CarrotMob events are conceptualized, practiced and presented differently in EU andUS cultural, and CSR contexts. Sources:Freeman, R. E, 1984. Strategic Management: A stakeholder approach. Boston: Pitman. ISBN 0273019139.Donaldson, T., Preston, L. E. 1995. "The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications". Academy of Management Review (Academy of Management) 20 (1): 71.Howe, J. 2008. Crowdsourcing: Why the power of the crowd is driving the future of business. Crown Business Publishers.Kampf, C. 2007. “Corporate social responsibility: WalMart, Maersk and the cultural bounds of representation in corporate web sites.” Corporate Communications: An International Journal. 12(1).Matten, D. and Moon, J. 2004. „Implicit‟ and „explicit‟ CSR: a conceptual framework for understanding CSR in Europe. ICCSR Research Papers Series– ISSN1479-5124 No. 29-2004. http://www.nottingham.ac.uk/business/ICCSR/pdf/ResearchPdfs/29-2004.pdf, visited 1 July 2005.OriginalsprogEngelskUdgivelsesdato2011Antal sider1StatusUdgivetKonferenceKonferenceEUKO the 11th Interdisciplinary Symposium of the Research Network European Cultures in Business and Corporate CommunicationLandDanmarkByAarhus Periode10-11-11 → 12-11-11

Tuesday, 20. December 2011 |

IMPROSUME: The impact of prosumers in a smart grid based energy market

IMPROSUME: The impact of prosumers in a smart grid based energy marketSchuitema, G., Thøgersen, J. & Toft, M. B. nov 2011Publikation: Forskning - peer review › PaperOriginalsprogEngelskUdgivelsesdatonov 2011StatusUdgivetKonferenceKonferenceworkshop on ‘Households in the smart grid – transitions in practice’LandDanmarkByCopenhagenPeriode01-11-11 → …

Monday, 18. July 2011 |

Mobile Virtual Network Operator Information Systems for Increased Sustainability in Utilities

Mobile Virtual Network Operator Information Systems for Increased Sustainability in UtilitiesJoensen, H. L. & Tambo, T. sep 2011 Proceedings of ECIME 2011 - Proceedings of the 5th European Conference on Information Management and Evaluation. Ferrari, E. & Castelnovo, W. (red.). Reading, UK : Academic Conferences Ltd. s. 225-233. 9 s.Publikation: Forskning - peer review › Konferencebidrag i proceedingsIn today’s research on creating a more sustainable energy utilisation in society, much effort is directed towards producing or consuming energy. This focus tends to overlook the fact that energy needs to be sold and distributed to the consumers in increasingly open marketplaces where the marketing, sales and buying processes are separated from physical networks and energy production. This study aims to characterise and evaluate information systems supporting the transformation of the free market-orientation of energy and provision of utilities in a cross-sectorial proposition known as Mobile Virtual Network Operator (MVNO). Emphasis is particularly on standardised information systems for automatically linking consumers, sellers and integration of network infrastructure actors. The method used is a feasibility study assessing business and information processes of a forthcoming utilities market player. The method additionally includes interviews, ontological mapping and quantitative business process readiness assessment. The information systems approach adds an intermediary layer to ‘traditional’ green IS emphasising the collaborative market participation approach. The required simplification of customer relations contained in the evaluated IS highlights a sharpened ontology of the business context beneficial to further the ‘greening’ of the power grid. Intra- and inter-organisational communication must be included in the IS research framework. The findings are centralised on understanding energy sales from efficiency of business processes, underlying information systems, and the ability to make the link from consumption to cost visual and transparent to consumers. The conclusion is that the energy sector should look into other sectors and learn from information systems which ease up business processes along with attractive consumer interfaces much more than today. However, further research is required to understand deeper feasibility among broader demographics and closer linking to smart grids. OriginalsprogEngelskTitelProceedings of ECIME 2011 - Proceedings of the 5th European Conference on Information Management and EvaluationRedaktørerElena Ferrari, Walter CastelnovoAntal sider9UdgivelsesstedReading, UKUdgiverAcademic Conferences Ltd.Udgivelsesdatosep 2011Sider225-233ISBN (trykt)978-1-908272-12-6StatusUdgivetKonferenceKonferenceECIME 2011LandItalienByComoPeriode07-09-11 → 09-09-11Bibliografisk noteMedforfatter Hallur Joensen er kandidatstuderende ved AU Herning (Handels- og Ingeniørhøjskolen)

Thursday, 30. June 2011 |

How Collaborative Business Modeling Can Be Used to Jointly Explore Sustainability Innovations

How Collaborative Business Modeling Can Be Used to Jointly Explore Sustainability InnovationsKonnertz, L., Rohrbeck, R. & Knab, S. 14 jun 2011 Proceedings of the XXII ISPIM Conference: "Sustainability in Innovation: Innovation Management Challenges" 12-15 June, 2011 Hamburg, Germany. Hamburg, Germany : International Society for Professional Innovation Management s. 1-16. 16 s.Publikation: Forskning - peer review › Konferencebidrag i proceedingsSustainability innovations are characterized by a systemic nature, which can only be developed if multiple firms work together. To jointly identify opportunities and plan such sustainability innovations, new methods and approaches are needed. In this article we describe a case study conducted in the German energy market, where business modeling has been used in a collaborative fashion. After describing this collaborative business modeling (CBM) approach, we discuss its strengths and limitations and compare it to the alternative methods of innovation planning: scenario technique and roadmapping. We find that it has its particular strengths in creating a multitude of ideas and solutions, overcoming the obstacle of different terminologies and facilitating planning, implementation and decision-making. We conclude that in a situation where fundamental discussions and understanding about new markets are needed, CBM can contribute to explore a new business field with a holistic perspective. OriginalsprogEngelskTitelProceedings of the XXII ISPIM Conference: "Sustainability in Innovation: Innovation Management Challenges" 12-15 June, 2011 Hamburg, GermanyAntal sider16UdgivelsesstedHamburg, GermanyUdgiverInternational Society for Professional Innovation ManagementUdgivelsesdato14 jun 2011Sider1-16StatusUdgivetKonferenceKonferenceISPIM Annual ConferenceLandTysklandByHamburgPeriode12-06-11 → 16-06-11

Sunday, 26. June 2011 |

Smart Grid Innovation Management for SME Electricity Companies

Smart Grid Innovation Management for SME Electricity CompaniesTambo, T. 13 sep 2011 Proceedings of the 12. International CINet Conference - Doing more with less. Århus : Continuous Innovation Network (CINet) s. 987-998. 12 s.Publikation: Forskning - peer review › Konferencebidrag i proceedingsTo meet requirements on sustainability in the society’s energy consumption power producers and consumers need smart grid technology to balance, plan and prioritize among the different items. Smart grid represents a host of specification, unproven products and concepts and a strong and dedicated innovation process lies ahead for utility companies in screening, testing, maturing, implementing and operating smart grids. This process is expected to follow the political targets for CO2 reduction stretching forward until 2050. As no proven concepts exists, and as the process is expected to progress many years ahead, smart grid represents an excellent case of continuous innovation. The current study use a series of loosely related technological studies of smart grid related technologies in SME electricity companies to highlight critical issues in this innovation process. Major findings are that the companies have limited innovation capabilities, they are presented with plenty of technological offerings that eventually have to be rejected, and they suffer from absence of clear objectives.OriginalsprogEngelskTitelProceedings of the 12. International CINet Conference - Doing more with lessAntal sider12UdgivelsesstedÅrhusUdgiverContinuous Innovation Network (CINet)Udgivelsesdato13 sep 2011Sider987-998ISBN (elektronisk)978-90-77360-00-2StatusUdgivetKonferenceKonferenceThe 12th International CINet ConferenceLandDanmarkByÅrhusPeriode11-09-11 → 13-09-11

Tuesday, 17. May 2011 |

Government intervention in green industries: lessons from the wind turbine and the organic food industries in Denmark

Government intervention in green industries: lessons from the wind turbine and the organic food industries in DenmarkDaugbjerg, C. & Svendsen, G. T. 2011 I : Environment, Development and Sustainability. 13, 2, s. 293-307. 15 s.Publikation: Forskning - peer review › TidsskriftartikelGovernment intervention in green infant industries may be justified as a strategy to increase the provision of public goods. How should government policies be designed to promote such industries? One way to analyse this question is to compare government intervention in green infant industries in which it has been successful with green infant industries in which it has been less successful. The Danish government has intervened intensively in the wind turbine industry and organic farming sector mainly for environmental reasons since 1992 and 1987 respectively, but with very different impacts. While the electricity market share of wind energy reached 20% in 2007, organic food consumption lags behind with a food market share of approximately 8.5% in 2007. This paper compares the packages of policy instruments applied in the two industrial sectors and assesses whether differences in instrument choice may explain the significant differences in market shares. It is demonstrated that government intervention in the wind turbine industry has emphasised the use of policy instruments designed to increase demand for wind energy, whereas organic farming policy has put more emphasis on instruments motivating farmers to increase supply. This may be an important factor explaining variance in growth. Finally, the paper analyses whether the lessons from government policy aimed at promoting the wind turbine industry can be transferred to organic farming policy. OriginalsprogEngelskTidsskriftEnvironment, Development and SustainabilityUdgivelsesdato2011Vol/bind13Tidsskriftsnummer2Sider293-307Antal sider15ISSN1387-585XDOIhttp://dx.doi.org/10.1007/s10668-010-9262-8StatusUdgivet

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Revised 2012.05.07