Energy Reporting Practices among Top Energy Intensive Industries in Malaysia

Tasrip, N E; Husin, Norhayati Mat; Alrazi, Bakhtiar

doi:10.1088/1755-1315/32/1/012050

Cited by 2 publications

(1 citation statement)

References 10 publications

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“…Another issue is that manual reporting makes it harder for the energy team and lacks technology such as advanced meters linked to blockchain technology or energy management software (Fernando, Tseng, et al, 2022). Consequently, manual reporting is time-consuming, fewer reports are generated, and lower monitoring from higher management levels (Tasrip et al, 2016).…”

Section: Resultsmentioning

confidence: 99%

Implications of Blockchain Deployment in Energy Supply Chain Management: Report Integrity

Al-Madani

Fernando

Sin

2022

IJIM

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This study aims to investigate literature findings on the current blockchain technology requirement. The obtained findings on blockchain technology requirements and limitations, helps to draw conclusions on the adoption of blockchain technology in energy consumption reporting. Blockchain technology offers transparency of energy consumption reports. Blockchain keeps all the transactional records and guarantees security, and decentralization between the blockchain network. Blockchain technology integration for energy consumption can promote transparency and integrity of energy management reporting. Among the reasons for companies’ reluctance to report energy consumption is non-transparency, the unnecessary cost for the report, and lack of regulation to release an energy consumption report or it is voluntary in best cases. This paper reviewed 121 papers related to the topic and conclusions drawn based on findings of previous literature. Blockchain can help to alleviate the issues of transparency and cost related to energy reporting. Decision and policymakers should offer incentives and include regulations on energy reporting requirements. The reporting should be requested through a blockchain network to guarantee transparency and integrity.

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Section: Resultsmentioning

confidence: 99%

Implications of Blockchain Deployment in Energy Supply Chain Management: Report Integrity

Al-Madani

Fernando

Sin

2022

IJIM

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Assuring Energy Reporting Integrity: Government Policy’s Past, Present, and Future Roles

2022

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This study investigates government policy influence on energy reporting integrity in the past, present, and future. The study attempts to identify the dominating key themes in energy reporting and explore the function of government incentives and policies in influencing the integrity of energy consumption reports. A thorough literature review screening and theme identification were conducted through a systematic review. The data used in this study are mainly derived from English-language journals acquired from reputable academic databases such as Web of Science and Scopus. Social network analysis was used to examine the data retrieved with the VOSviewer software. The findings demonstrate that the key themes of government policy, energy reporting, energy management, and integrity are strongly focused in studies on energy policy, climate change, energy efficiency, renewable energy, life cycle assessment, carbon emissions, and sustainability. These topics included energy management, renewable energy, energy efficiency, emissions reporting, and energy transitions. The results suggest that there is little empirical support for how government policy promotes and validates the accuracy and integrity of energy reporting. The findings offer potential strategies for removing energy policy development, implementation, and reporting barriers. This study found that transparent disclosure of a company’s energy consumption attracts new investment. The integrity and transparency of the energy report attest to a firm’s commitment to working toward sustainable development goals. The study recommends that the government should align energy policies with clear guidelines about transparent energy disclosure and reform the existing sanctions and incentives to enforce the law.

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Energy Reporting Practices among Top Energy Intensive Industries in Malaysia

Cited by 2 publications

References 10 publications

Implications of Blockchain Deployment in Energy Supply Chain Management: Report Integrity

Implications of Blockchain Deployment in Energy Supply Chain Management: Report Integrity

Assuring Energy Reporting Integrity: Government Policy’s Past, Present, and Future Roles

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