Abstract

This study aims to study and summarized the some best practices and initiative of corporations towards energy management and its role and contribution to sustainable development. This study also intends to highlight the deficiencies in formulating the energy policies and setting goals in order to improve the living standards of humans and contribution into sustainable development Energy management is one of the contemporary challenge, this study adopts an exploratory approach purely based on existing literature review on energy management, efficiency and best cost reduction methods adopted by organizations and this clearly demonstrate the need to follows a systematical approach to achieve sustainable development. Findings of this study point out that planning for energy management and its utilization is as important as energy is essential for development of sustainable factor like social, economic and environment. Developing smart approach is inevitable to meet the demand of future generations. Achieving noteworthy energy efficiency by management practices makes practical business strategy for any organization and sustainable development is basis on four pillars social, economic, environment and energy sources management.

Keywords:

Efficiency, energy, energy management, renewable energy, sustainable development,

References

1. Amuzuvi, C.K. and J.C. Attachie, 2013. Effective power management in homes and premises in Ghana. Res. J. Appl. Sci. Eng. Technol., 6(3): 354-360.
   CrossRef    
2. Chandler, W. and H. Gwin, 2008. Financing Energy Efficiency in China. Carnegie Endowment for International Peace, Washington, D.C., pp: 11-17.
   PMid:18300929    
3. Crossley, D.J., 1983. Identifying barriers to the success of consumer energy conservation policies. Energy, 8(7): 533-546.
   CrossRef    
4. Demirbas, A., 1998. Energy education: Energy concepts and risks of alternative energy resources in Turkey. Energ. Educ. Sci. Technol., 2: 29-42.
   
5. Demirbas, A., 2000. Biomass resources for energy and chemical industry. Energ. Educ. Sci. Technol., 5: 21-45.
   
6. Demirbas, A., F. Dumanoglu and A. Ayas, 1998. Energy concepts and energy education in chemistry. Energy Educ. Sci. Technol., 1: 17-23.
   
7. Dincer, I., 1999. Environmental impacts of energy. Energ. Policy, 27: 845-854.
   CrossRef    
8. Dincer, I. and M.A. Rosen, 2004. Exergy as a driver for achieving sustainability. Int. J. Green Energ., 1(1): 1-19.
   CrossRef    
9. Dincer, I. and M.A. Rosen, 2005. Hermodynamic aspects of renewable and sustainable development. Renew. Sust. Energ. Rev., 9: 169-189.
   CrossRef    
10. Edinger, R. and S. Kaul, 2000. Humankind's detour toward sustainability: Past, present and future of renewable energies and electric power generation. Sustain. Energ. Rev., 4: 295-313.
    CrossRef    
11. Flavin, C. and S. Dunn, 1998. Climate of opportunity: Renewable energy after Kyoto. Renew. Energy Policy Project. (Accessed on: May 08, 2013).
    Direct Link
12. Gardner, G.T. and P.C. Stern, 2002. Environmental Problems and Human Behavior. 2nd Edn., Pearson, Boston, MA.
    
13. Halasz, L., G. Povoden and M. Narodoslawsky, 2005. Sustainable processes synthesis for renewable resources. Resour. Conserv. Recycl., 44: 293-307.
    CrossRef    
14. Harald, T.H., S. Pål and S. Eivind, 2008. Identification of households' barriers to energy saving solution, management of environmental quality. Int. J., 19(1): 54-66.
    
15. Haydel, J., W. Steven and H.M. Pamela, 1997. Tracking Energy Use at Industrial Companies. How Industry Will Procure Energy Efficiency Services in the 21st Century. ACEEE Summer Study on Energy Efficiency Services in Industry. Sheraton Saratoga Sprins Saratoga Springs, NY., June 8-11, pp: 5-6.
    
16. Hennicke, P., S. Borbonus and C. Woerlen, 2007. The GEF's interventions in the climate change focal area: the contribution to strategies for climate change mitigation and sustainable development. Energ. Sustain. Dev., 11(1): 13-25.
    
17. Hughes, B.B. and P.D. Johnston, 2005. Sustainable futures: Policies for global development. Future, 37(8): 813-831.
    CrossRef    
18. Kagazyo, T., K. Kaneko, M. Akai and K. Hij, 1997. Methodology and evaluation of priorities for energy and environmental research projects. Energy 22: 121-129.
    CrossRef    
19. Kauffman, H.A., 1999. Johnson and Johnson Strives to Implement Best Practices by Year 2000. Industry and Innovation in the 21st Century: 1999 ACEEE Summer Study on Energy Efficiency in Industry. Sheraton Saratoga Springs Saratoga Springs, NY, June 15-18, pp: 3-5.
    
20. Kaygusuz, K., 1999. Energy situation, future developments, energy saving and energy efficiency in Turkey. Energ. Source, 21: 405-416.
    CrossRef    
21. Kaygusuz, K., 2012. Energy for sustainable development: A case of developing countries. Renew. Sust. Energ. Rev., 16: 1116-1126.
    CrossRef    
22. Maria, P., M. Ornella and S. Stefania, 2007. Eco-labels: A sustainability performance in benchmarking? Manag. Environ. Qual. Int. J., 18(16): 669-683.
    
23. Massoud, A., 2008. The electric price of politics. The Herald, pp: 83-84.
    
24. Meadowcroft, J., 2007. National sustainable development strategies: features, challenges and refl exivity. Eur. Environ., 17(3): 147-151.
    CrossRef    
25. Meadows, D.H., D.L. Meadows and J. Randers, 1992. Beyond the Limits: Confronting Global Colllapse, Envisioning a Sustainable Future. Chelsea Green Publishing Co., London.
    
26. Midilli, A., M. Ay, I. Dincer and M.A. Rosen, 2005. On hydrogen and hydrogen energy strategies I: Current status and needs. Renew. Sust. Energ. Rev., 9: 255-271.
    CrossRef    
27. Momirlan, M. and T. Veziroglu, 2002. Current status of hydrogen energy. Renew. Sust. Energ. Rev., 6: 141-179.
    CrossRef    
28. Ng, W.A. and J. Nathwani, 2011. Strategic development and growth of emerging renewable energy ventures from China: Real options through mergers and acquisitions. J. Technol. Manage. China, 6(2): 116-124.
    CrossRef    
29. Norland, D.L. and L. Lind, 2000. Energy management: A survey of large manufacture companies. Proceedings of the 22nd National Industrial Energy Technology Conference. Houston, Taxas, USA.
    
30. OECD Environment Directorate, 2004. State of the Environment Division, Using the Pressure-State-Response Model to Develop Indicators of Sustainability. OECD Framework for Environmental Indicators. Retrieved from: destinet.eu/...indicator_model.../OECD_P-S-R_indicator_model.pdf -.
    
31. Peach, H., C. Gil, B. Eric and C.G. Joseph, 1997. What works for energy efficiency in large industry. 1997 ACEEE Summer Study on Energy Efficiency in Industry.
    
32. Swarta, R.J., P. Raskinb and J. Robinson, 2004. The problem of the future: sustainability science and scenario analysis. Glob. Environ. Change, 14: 137-146.
    CrossRef    
33. Tester, J.W., O.D. Wood and N.A. Ferrari, 1991. Energy and the Environment in the 21st Century. Massachusetts Institute of Technology (MIT) Press, Cambridge, MA.
    PMid:2011567    
34. UNDP, 2000. United Nations Development Program (UNDP). In: Goldemberg, J. (Ed.), World Energy Assessment. Energy and the Challenge of Sustainability. UNDP/UN-DESA/World Energy Council, New York.
    
35. Vera, I. and L. Langlois, 2007. Energy indicators for sustainable development. Energy, 32: 875-882.
    CrossRef    
36. World Commission on Environment and Developments, 1987. Report Our Common Future. Oxford University Press, London.
    
37. Wustenhagen, R. and M. Bilharz, 2006. Green energy market development in Germany: Effective public policy and emerging customer demand. Energ. Policy, 34(13): 1681-1696.
    CrossRef    

Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.