Introducing a system operator in the waste management industry by adapting lessons from the energy sector

Foggia, Giacomo Di; Beccarello, Massimo

doi:10.3389/frsus.2022.984721

Cited by 8 publications

(2 citation statements)

References 44 publications

(43 reference statements)

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“…Therefore, we hope similar studies focusing on other states will be developed to strengthen the literature and lay the groundwork for developing international benchmarks. Benchmarks and comparable data are useful to policymakers and system operators in developing and applying regulatory instruments and policies to support the transition of the economy considering global climate and circular economy goals (Di Foggia & Beccarello, 2022).…”

Section: Discussionmentioning

confidence: 99%

Opportunity Cost of Carbon Pricing and White Certificate Programs: A Business Case

Foggia¹,

Beccarello²

2022

JSD

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Carbon pricing aims to capture the external costs of emissions and link them to their sources through a price signal, while market-based policy tools support investments in energy efficiency, rewarding investors following certified energy savings. The interplay between the emission trading system and the white certificate scheme is complex, especially regarding opportunity costs and the efficiency of the two mechanisms combined in achieving environmental goals. Using monthly data covering six years, we analyze how carbon pricing and white certificate programs intertwine. We consider the opportunity cost as the savings from an energy efficiency intervention under the white certificate program in a firm covered by the emission trading system. We calculate the €/MWh savings corresponding to a one MWh reduction in energy consumption to assess the contribution of white certificates and the emission trading system as determinants of the savings induced by an energy efficiency intervention. We then simulate how the economic determinants of saving vary as the dynamics of the gas and emission permit markets change. The relative weight of the components on saving differs significantly according to the dynamics of the related commodity and environmental markets. Provided that the emission trading system is mandatory for certain industries while participation in a white certificate scheme is voluntary, we argue that the overlap between the two mechanisms can be effective. This is important for policymaking, periodic fine-tuning interventions to market-based mechanisms, and increasing flexibility. The paper also has business implications, given that energy managers may use this framework in building energy management strategies.

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Section: Discussionmentioning

confidence: 99%

Opportunity Cost of Carbon Pricing and White Certificate Programs: A Business Case

Foggia¹,

Beccarello²

2022

JSD

Self Cite

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“…We focus on the economic functions advocating for an economic agent to coordinate and support the industry while ensuring the quality and universality of the waste management service. More specifically, an independent coordinating body could assume the role of coordinator by guaranteeing the proper functioning of the waste management market and the protection of technical quality, transparency and data providing, support, and subsidiary functions to ensure economic efficiency, social equality and circular economy targets (Di Foggia & Beccarello, 2022b). In addition to balancing the demand for the waste management service and the provision of the service, an independent coordinating body shall forecast future changes in the demand for waste management service.…”

Section: Introductionmentioning

confidence: 99%

Managerial Functions of an Independent Coordinating Body in the Governance of Waste Management

Beccarello¹,

Foggia²

2022

JMS

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Policies adopted to improve the competitiveness of public services include those designed to reform governance. Good governance of the waste management industry is becoming one of the most thought-provoking themes in heading toward a more circular economy. Given the complexity of this industry, the starting point for improving waste management performance must be at the industry structure and governance level. Although the economic literature on waste management has deeply investigated economic efficiency, business models, environmental performances, and citizens' behavior, governance's role in supporting the market's healthy functioning has received little attention. In such an evolving industry, securing a competitive market while ensuring the universality of waste management services and reaching circular economy targets is challenging. Based on both a theoretical approach and empirical analysis, we provide insights into the managerial functions of an independent body aimed at performing tasks that help policymakers to implement policies, waste management operators make decisions, and stakeholders, get information. We identify the economic and managerial functions that shall be entrusted to an independent coordinating body to coordinate and support the operators and institutions involved in the waste management industry. Focusing on municipal solid waste, we justify our proposal since it is a public service with environmental and economic implications at the center of the transition toward a more circular economy. Given its complexity, it needs to be properly governed to avoid policy and strategic drifts that may hinder the transition path.

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Strategic pathways to achieve Sustainable Development Goal 12 through Industry 4.0: Moderating role of institutional pressure

Sharma,

Singh,

Tsagarakis

2024

Bus Strat Env

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Emerging economies, at the vanguard of extensive resource depletion and limited environmental stewardship, are worst‐hit by climate change events, necessitating an extensive investigation of the relevance of I4.0 in attaining sustainable consumption and production patterns. This study focuses on Sustainable Production and Consumption (SDG12) and investigates how the implementation of I4.0 can contribute to the adoption of circular economy practices (CEPs) to incorporate elements of sustainable consumption and procurement into supply chains. Based on dynamic capabilities theory, institutional pressure, and the triple‐bottom‐line perspective, this study proposes an overarching research framework that presents the synergistic convergence of dynamic capabilities, I4.0, and the circular economy to achieve SDG12. This framework is empirically validated through a survey‐based, cross‐sectional research design by utilizing conditional process modeling. This study employed purposive sampling where respondents constituted 480 industry practitioners and professionals in digital supply chain and operations management from manufacturing firms based in the Baddi and Alwar districts in India. The findings demonstrate that I4.0 and CEPs sequentially mediate the impact of dynamic capabilities on SDG12, while mimetic pressure strengthens the impact of exploitation‐oriented strategy on SDG12.

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Introducing a system operator in the waste management industry by adapting lessons from the energy sector

Cited by 8 publications

References 44 publications

Opportunity Cost of Carbon Pricing and White Certificate Programs: A Business Case

Opportunity Cost of Carbon Pricing and White Certificate Programs: A Business Case

Managerial Functions of an Independent Coordinating Body in the Governance of Waste Management

Strategic pathways to achieve Sustainable Development Goal 12 through Industry 4.0: Moderating role of institutional pressure

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