Do the strategic decisions of multinational energy companies differ in divergent market contexts? An exploratory study

Darmani, Anna; Arvidsson, Niklas; Nuchera, Antonio Hidalgo

doi:10.1016/j.erss.2015.08.009

Cited by 15 publications

(6 citation statements)

References 78 publications

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“…Development models based on external ownership and limited local benefit have been increasingly challenged in many countries. Energy generation and supply across Europe is still dominated by just a handful of multinational companies (Darmani et al, 2016;Corscadden, 2018), and this is widely recognized as a serious problem for both energy affordability and the transition to cleaner energy systems (e.g., Barquin et al, 2006;Boroumand, 2015;Kungl, 2015;Ciarreta et al, 2016;Magnusson, 2016). While national governments may be unable or unwilling to contemplate direct intervention, regional and local scale administrations face no such difficulty, and in Germany, for example, there has been a concerted drive to bring energy generation and supply back under local public control through "re-municipalization" (Wagner and Berlo, 2017).…”

Section: Future Pathways: Ce As a Road To Energy Democracy?mentioning

confidence: 99%

Social Innovation in Community Energy in Europe: A Review of the Evidence

et al. 2019

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Citizen-driven Renewable Energy (RE) projects of various kinds, known collectively as community energy (CE), have an important part to play in the worldwide transition to cleaner energy systems. On the basis of evidence from 8 European countries, we investigate CE, over approximately the last 50 years (c.1970-2018), through the lens of Social Innovation (SI). We carry out a detailed review of literature around the social dimension of renewable energy; we collect, describe and map CE initiatives from Belgium, and the UK; and we unpack the SI concept into 4 operational criteria which we suggest are essential to recognizing SI in CE. These are: (1) Crises and opportunities; (2) the agency of civil society; (3) reconfiguration of social practices, institutions and networks; (4) new ways of working. We identify three main phases of SI in CE. The environmental movements of the 1960s and the "oil shocks" of the 1970s provided the catalyst for a series of innovative societal responses around energy and self-sufficiency. A second wave of SI relates to the mainstreaming of RE and associated government support mechanisms. In this phase, with some important exceptions, successful CE initiatives were mainly confined to those countries where they were already embedded as innovators in the previous phase. The third phase of CE innovation relates to the societal response to the Great Recession that began in 2008 and lasted most of the subsequent decade. CE initiatives formed around this time were also strongly focused around democratization of energy and citizen empowerment in the context of rising energy prices, a weak economy, and a production and supply system dominated by excessively powerful multinational energy firms. CE initiatives today are more diverse than at any time previously, and are likely to continue to act as incubators for pioneering initiatives addressing virtually all aspects of energy. However, large multinational energy firms remain the dominant vehicle for delivery of the energy transition, and the apparent excitement in European policy circles for "community energy" does not extend to democratization of energy or genuine empowerment of citizens.

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Section: Future Pathways: Ce As a Road To Energy Democracy?mentioning

confidence: 99%

Social Innovation in Community Energy in Europe: A Review of the Evidence

et al. 2019

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“…GSA encouraged these entrepreneurial companies to broken through the threshold in certain growth period. Although Simpson and Clifton (2016) found that large amount of GSA was harmful to the enthusiasm of clean energy companies' original innovation and revolutionary product innovation, even some clean energy companies apply for GSA by means of rent seeking to compensate for their own investment on R&D activities (Darmani et al, 2016), such kind of R&D investment are not real innovative activities. Along with the policy about GSA in clean energy industries becomes increasingly regulatory and the supervisory process about GSA in clean energy industries becomes more and more strict, GSA will have normative function.…”

Section: A C C E P T E D Accepted Manuscriptmentioning

confidence: 99%

How government subsidies promote the growth of entrepreneurial companies in clean energy industry: An empirical study in China

Peng

Liu

2018

Journal of Cleaner Production

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How government subsidies promote the growth of entrepreneurial companies in clean energy industry: An empirical study in ChinaAbstract Under the context that entrepreneurial risk in clean energy industry has become increasingly complex, government subsidies are helpful to guide and promote the entrepreneurial companies' survival and development. This paper explored the roles of government subsidies, more specifically, in forms of government subsidies beforehand and government subsidies afterwards on the relationship between R&D and entrepreneurial companies' growth, particularly in the clean energy industry. To delve deeper into the roles, this paper analysed data from the 2013 and 2014 annual reports of 58 listed companies in clean energy industries in China. By using a moderating effect model, this paper derived following conclusions: (1) R&D investment does not have a lag effect on entrepreneurial companies' growth; (2) Government subsidies beforehand has negative moderating effects on the relationship between R&D investment and entrepreneurial companies' growth; (3) Government subsidies afterwards has positive moderating effects on the relationship between R&D investment and entrepreneurial companies' growth. This paper helped to understand the difference between the functions of government subsidies beforehand and government subsidies afterwards. To some extent, the results can revise prior studies about the function of government subsidies to influence the relationship between R&D and entrepreneurial companies' growth. The results will also be helpful for the government to evaluate the performance of government subsidies and design appropriate subsidies strategies.

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“…In fact, the existing energy structure was mostly developed and designed to use electricity generated from fossil fuels. This creates a carbon lock-in and path dependency toward fossil fuels, which in turn hinder investments in alternative infrastructures (Darmani et al, 2016;Hirschnitz-Garbers et al, 2016;Johnstone et al, 2017;Midttun, 2012;Moradi & Vagnoni, 2018;Purkus et al, 2018).…”

Section: Economic and Market Factorsmentioning

confidence: 99%

Factors Influencing the Transition to a Low Carbon Energy Paradigm: A Systemic Literature Review

Carrilho-Nunes,

Catalão-Lopes

2024

GLCE

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Research concerning energy transition has grown at a high pace over the past decade, exploring a variety of topics. This article provides a systematic literature review focused on the factors and policy routes that can support and expedite the transition to a low carbon energy paradigm. The results of the bibliographic search follow a theoretical organizational lens and are grouped into four main categories - economic, technological, social, and policy. Key findings include the role of environmental policy as the crucial driver for progress, as well as the need for active participation from industry, economic, and policy agents, along with energy experts. In addition, the lack of literature regarding developing and lower-income nations is highlighted. A discussion and practical implications of the results are provided within the context of the four main categories and with a prosperous post-transition society in mind. Our findings are relevant for policymakers, administrators, and all stakeholders involved in integrating low carbon initiatives and policies within their organizational structures.

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Do the strategic decisions of multinational energy companies differ in divergent market contexts? An exploratory study

Cited by 15 publications

References 78 publications

Social Innovation in Community Energy in Europe: A Review of the Evidence

Social Innovation in Community Energy in Europe: A Review of the Evidence

How government subsidies promote the growth of entrepreneurial companies in clean energy industry: An empirical study in China

Factors Influencing the Transition to a Low Carbon Energy Paradigm: A Systemic Literature Review

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