Energy management practices in Bangladesh's iron and steel industries

Hasan, ASMM; Hoq, MT; Thollander, P

Energy management practices in Bangladesh's iron and steel industries

Hasan, ASMM Hoq, MT Thollander, P

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Publisher:: ELSEVIER SCIENCE BV
Publication Type:: Journal Article
Citation:: Energy Strategy Reviews, 2018, 22, pp. 230-236
Issue Date:: 2018-11-01

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Field	Value	Language
dc.contributor.author	Hasan, ASMM
dc.contributor.author	Hoq, MT
dc.contributor.author	Thollander, P
dc.date.accessioned	2022-10-29T07:34:29Z
dc.date.available	2022-10-29T07:34:29Z
dc.date.issued	2018-11-01
dc.identifier.citation	Energy Strategy Reviews, 2018, 22, pp. 230-236
dc.identifier.issn	2211-467X
dc.identifier.issn	2211-4688
dc.identifier.uri	http://hdl.handle.net/10453/162858
dc.description.abstract	The aim of this paper was to study energy management and improved energy efficiency among large iron and steel mills in Bangladesh. The results show that there are some barriers to energy management practices among large steel mills, the most important barriers being the perceived absence of cost-effective technical measures, high perceived risks due to uncertain future energy costs and poor information quality. However, this study has shown that the reduction in energy costs due to improved energy efficiency constitutes the most important driver for energy efficiency in the studied steel mills. The results also show that most of the steel mills have not had any technical energy efficiency improvement measures implemented in the production process. Moreover, the steel mills seem unfamiliar with the concept of including energy service companies, and the lack of information or awareness seems to be the main reason behind this. The paper also finds that energy efficiency is perceived to be able to be improved by 6%–8% through energy management practices.
dc.language	English
dc.publisher	ELSEVIER SCIENCE BV
dc.relation.ispartof	Energy Strategy Reviews
dc.relation.isbasedon	10.1016/j.esr.2018.09.002
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	1402 Applied Economics, 1605 Policy and Administration
dc.title	Energy management practices in Bangladesh's iron and steel industries
dc.type	Journal Article
utslib.citation.volume	22
utslib.for	1402 Applied Economics
utslib.for	1605 Policy and Administration
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Mechanical and Mechatronic Engineering
utslib.copyright.status	closed_access	*
dc.date.updated	2022-10-29T07:34:27Z
pubs.publication-status	Published
pubs.volume	22

Abstract:

The aim of this paper was to study energy management and improved energy efficiency among large iron and steel mills in Bangladesh. The results show that there are some barriers to energy management practices among large steel mills, the most important barriers being the perceived absence of cost-effective technical measures, high perceived risks due to uncertain future energy costs and poor information quality. However, this study has shown that the reduction in energy costs due to improved energy efficiency constitutes the most important driver for energy efficiency in the studied steel mills. The results also show that most of the steel mills have not had any technical energy efficiency improvement measures implemented in the production process. Moreover, the steel mills seem unfamiliar with the concept of including energy service companies, and the lack of information or awareness seems to be the main reason behind this. The paper also finds that energy efficiency is perceived to be able to be improved by 6%–8% through energy management practices.

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http://hdl.handle.net/10453/162858