Economic evaluation of energy-efficient engineering systems

Document Type: Article

Author

Center for Tariff Regulation in the Energy Sector, Higher School of Tariff Regulation, Plekhanov Russian University of Economics, Moscow, Russian Federation

Abstract

The paper shows the aspects of introducing energy-efficient equipment for engineering systems within the context of productivity enhancement in general. The author as research relevance brings a thesis that each of production members reach after implementing possibility for increasing general effectiveness of business operation. The paper reveals the issues of factor and expert assessments for introducing innovations at the enterprise and economic evaluation of the place of energy-efficient technologies in the general medium of production enterprise modernization. The novelty of the study is an aspect that under conditions of energy products’ cost increase and significant energy intensity of present-day production, the issue of energy conservation and choice of priorities of investment into the project of energy efficiency increase at enterprises is a major concern. Reduction of production cost is one of the most important ways of effective competition and increasing of productiveness of an enterprise in the modern conditions. The authors offer to evaluate the process of energy conservation in a complex way, taking into account all investment consequences: economic, technical, ecological, organizational, commercial, and others. The prospect areas of research: cost-to-use analysis from the introduction of personally developed systems of energy conservation.

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