What Is Energy Storage? | IBM
Energy storage is the capturing and holding of energy in reserve for later use. Energy storage solutions include pumped-hydro storage, batteries, flywheels and
Climate policy uncertainty and corporate green innovation: Evidence from Chinese A-share listed industrial
A-share industrial companies listed in China''s Shanghai and Shenzhen markets are analyzed from 2011 to 2020. • CPU positively contributes to firms'' green innovation. • More substantial effect observed in non-state enterprises, energy-providing industries, and •
Research on digital transformation strategy of the energy industry
The trend of industry digitization level over time is shown in Fig. 3.The level of industrial digitization increases over time in the four game scenarios and eventually levels off. The level of industrial digitization is lowest in the Nash non-cooperative game scenario, where
Does environmental decentralization aggravate pollution emissions? Microscopic evidence from Chinese industrial enterprises
The enterprise data come from China Industrial Enterprise Database, China Enterprise Pollution Emission Database and China Patent database. The data of environmental decentralization index and provincial control variables are accessed from China Environmental Yearbook, China Energy Statistical Yearbook and provincial
Can Energy Management Systems Improve the Performance of Industrial
At present, China is the world''s largest energy consuming country and industrial manufacturing country, especially industrial enterprises are the main energy consumers. The steel industry occupies an important position in China''s national economy, and has the characteristics of high energy consumption, high pollution and high
Towards sustainable development in industrial small and Medium-sized Enterprises: An energy sustainability approach
Introduction Sustainable development (SD) has evolved into a transformational concept (Brundtland, 1987a, Brundtland, 1987b), consistently demonstrating its potential to reshape the manufacturing enterprises worldwide irrespective of the size, location or industrial
Benchmarking energy performance of industrial small and
Saygin et al. (2011) and Azadeh et al. (2007) investigated the energy efficiency of energy-intensive industries on an aggregated level for a country-wide comparison. Meyers et al. (2016) presented an overview of energy performance benchmarks of different products in the food and beverage sector in different countries
2020 Energy Storage Industry Summary: A New Stage in Large
Despite the effect of COVID-19 on the energy storage industry in 2020, internal industry drivers, external policies, carbon neutralization goals, and other positive
Sustainability | Free Full-Text | How Do the Industrial
In response to global climate change, China has voluntarily assumed responsibility and has pledged to reach its peak in carbon emissions by 2030. Industrial structure and urbanization have important impacts on
Why do industrial enterprises need a data lake?
industrial enterprises Although traditional data warehouses, databases, and legacy data frameworks are not designed to address the opportunities of IIoT and machine-generated data, a data lake is. A data lake is a centralized repository that allows companies to store data as-is, without having to first structure
Techno-economic-environmental impacts of industrial energy
Key pillars of successful energy saving projects in small and medium industrial enterprises. Energy or comfort (Gokul et al., 2017; Errigo et al., 2022). Historically, industrial energy provided opportunity to save energy consumption around 13% under the U.S. Department of Energy''s Industrial Assessment Center program
Saving Energy in Industrial Companies: Case Studies of Energy
While the U.S. industrial sector has shown progress in energy efficiency, recent studies suggest that even greater levels of EE can be achieved. These studies suggest that the
Fiscal pressure and carbon intensity: A quasi-natural experiment
Liu et al. (2019) find that replacing enterprise tax with value-added tax can significantly diminish carbon intensity in the logistics industry, thus improving energy efficiency. Another study explored the association with carbon intensity from a fiscal performance assessment perspective, official turnover, and tax competition to measure
Does financial agglomeration promote the increase of energy
Financial agglomeration has a significant negative impact on energy efficiency in western China, and has no significant effect on energy efficiency in medium-sized and small cities. Finally, based on the conclusions of the study, specific proposals for financial agglomeration to improve energy efficiency are proposed.
CLEAN HEAT PATHWAYS FOR INDUSTRIAL
emissions produced by industrial heat production, including: switching to lower-carbon fuels; capturing emissions through carbon capture, utilization, and storage (CCUS);
How does internet development affect energy-saving and
Olanrewaju et al. (2013) used exponential decomposition analysis, artificial neural network, and DEA to evaluate and analyze the energy consumption, energy saving, and emission reduction efficiency of 11 energy-intensive industrial sectors in South Africa.
Implementation of energy-saving policies in China: How local
energy-saving activities at industrial enterprises. The authors will investigate the hypothesis in the context of multiple case studies that they plan to undertake in the future. 2. China''s industrial energy-saving policies The industrial sector consumes more than 70% of total energy in China (National Bureau of Statistics (NBS), 2010; 2011
China: Demand amps up for industrial, commercial energy
[Sound_bite] Gao Lei, head, energy storage business, State Grid Hefei Power Supply Company: "Industrial enterprises, especially those in sectors like panel production, photovoltaics, photovoltaic
How do industrial robots applications affect the quality upgrade
Table 2 reports the estimation results obtained using the benchmark regression Model (1). The enterprise-product and year fixed effects are controlled in each column and clustered at the enterprise level. In Column (1),
VIETNAM ENERGY EFFICIENCY FOR INDUSTRIAL
users and service providers for improving energy efficiency. Project Beneficiaries The Project''s primary beneficiaries include industrial enterprises and participating financial institutions. Enterprises participating in the Project will benefit reduced energy consumption and production costs through adopting improved technologies
Green credit and corporate energy efficiency: Enterprise pollution
Green Credit and Energy Efficiency of Enterprises. • Empirical study matching the data of industrial enterprises above designated size in China from 2000 to 2014. • The promotion of green credit policy on enterprise energy utilization efficiency was
How does financial openness affect pollution emission of industrial enterprises
In addition, the pollution abatement effect of FO is stronger in large, heavy industrial, and state-owned enterprises. Besides, FO significantly alleviates financing constraints and promotes the pollution abatement by driving R&D investment and strengthening the intensity of end-of-pipe treatment.
Government subsidies, market competition and the TFP of new energy enterprises
Exploring the relationship between government subsidies, market competition, and the total factor productivity (TFP) of new energy enterprises will help countries optimize renewable energy support policies in the context of carbon neutrality constraints and energy demand growth. Based on the panel data of 145 listed new
Green credit and industrial green total factor productivity: The
3.2.3. Mediating variables Green innovation (GINNO), measured by the ratio of the number of green patents granted to the regional resident population (cases/1000 people). Industrial structure upgrading (ISU), we refer to the study of Li and Deng (2016), use the following formula to calculate: I S U = σ (V 3 / V 2) + (1 − σ) (V H / V T), among
Is artificial intelligence a curse or a blessing for enterprise energy
Moreover, the reduction effect of AI on enterprise EI is more pronounced in enterprises with high energy-dependence, non-labor-intensive enterprises, and state-owned enterprises (SOEs). Mechanism analysis further indicates that AI achieves enterprise EI reduction by facilitating technological innovation and digital transformation.
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Together with our extensive network of local and overseas partners, we support the efforts to enhance industry and enterprise competitiveness through the 23 Industry Transformation Maps. We also work with companies to capture new market share through upgrading and innovation; adopt new technologies to improve productivity; facilitate expansion into
Towards sustainable development in industrial small and
1. Introduction. Sustainable development (SD) has evolved into a transformational concept (Brundtland, 1987a, Brundtland, 1987b), consistently demonstrating its potential to reshape the manufacturing enterprises worldwide irrespective of the size, location or industrial affiliation of these enterprises (Despeisse et al.,
Environmental regulation effects from the perspective on the industrial
Finally, in the central region, the output value of energy industry enterprises increased by 1.75% at the 10% confidence level. This result is mainly because the western region is dominated by the basic energy industries, that is, the upstream enterprises in the industrial chain, so the effect of environmental regulation policies is
Impact of energy saving on the financial performance of industrial
The research results of high energy-consuming industry are the same as the overall sample of industrial enterprises in terms of operational and financial indicators, and debt ratio indicators. Nevertheless, energy saving has no significant impact on profit and ratio of profits to cost of high energy-consuming industry.
Spatial agglomeration and energy efficiency: Evidence from China''s manufacturing enterprises
China''s energy structure has been improved and optimized in the past few years, the share of fossil energy in China''s primary energy structure fell from 92.18% to 84.33% between 2010 and 2020, with coal falling from 70.21% to
Industrial land transfer and enterprise pollution emissions:
Using data on China''s city-level industrial land and enterprises from 2007 to 2014, we find that the large-scale and low-price industrial land transfer significantly increases industrial pollutant emissions. Cities with a larger scale of industrial land transfer experience higher total and per capita industrial enterprise emissions.
Can green industrial policy improve total factor productivity?
How tax incentives for green development affect enterprise TFP is explored. • A 1% increase in tax incentives for mining companies increases TFP by 0.060%. • Porter hypothesis is confirmed at the firm level in
How industrials can create energy strategies | McKinsey
Industrials can focus on the following five dimensions to develop a robust energy strategy that overcomes the key challenges and seizes any opportunities:
The impact of green finance on transformation to green energy:
The PSM method is applied to effectively match the experimental group. For the sake of rigor, we mainly refer to studies on related topics, Lv et al. (2023), and finally select firm size (Size), firm capital intensity (Eci), return on total assets (Roa), and firm ownership type (Soe) as matching variables.Enterprises that are owned by the state are valued at 1, while non
(PDF) Exploring the energy consumption rebound effect of industrial enterprises
economic development and ecological environment. preservati on (Liu and Gallagher 2010). This develop-. ment mode requ ires the reduction of the co nsumption of. high-carbon energy (e.g., coal and
These 4 energy storage technologies are key to climate
4 · The key is to store energy produced when renewable generation capacity is high, so we can use it later when we need it. With the world''s renewable energy capacity reaching record levels, four storage
How Do Pseudocapacitors Store Energy? Theoretical Analysis and Experimental Illustration | ACS Applied Materials & Interfaces
Batteries and electrochemical double layer charging capacitors are two classical means of storing electrical energy. These two types of charge storage can be unambiguously distinguished from one another by the shape and scan-rate dependence of their cyclic voltammetric (CV) current–potential responses. The former shows peak
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How do zombie enterprises hinder climate change action
Zombie enterprises hinder carbon emission reduction, negatively impacting climate goals. •. The effect is more profound for enterprises in the small and medium-sized cities in China''s western region. •. Zombie enterprises crowd out green investment, impede marketization, and distort energy structure.
The new economics of energy storage | McKinsey
Our model, shown in the exhibit, identifies the size and type of energy storage needed to meet goals such as mitigating demand charges, providing frequency
Use of energy in industry
Some industrial facilities sell some of the electricity that they generate. Industry uses fossil fuels and renewable energy sources for: Heat in industrial processes and space
Energy storage in China: Development progress and business model
Energy storage systems can relieve the pressure of electricity consumption during peak hours. Energy storage provides a more reliable power supply
Smart energy management for industrials | Deloitte Insights
Distributed energy resources (DER), such as onsite solar power, wind power, and battery storage, are increasingly finding their way into industrial
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