Economic and Institutional Conditions Justifying Energy Efficiency of the Enterprise
Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 4
Abstract
The aim of the research is to clarify the nature of economic and institutional conditions justifying the efficiency of economic activity of the enterprises on a new basis, a feature of which is the use of energy equivalent to the formation of the results and costs over time. The methodical framework for the assessment of efficiency of economic activity of the enterprise is worked out. Clarification of the effectiveness from the perspective of indicators, criteria and conditions is analyzed. There are argued disadvantages of traditional assessment system which are associated with static when considering the effectiveness of the main components - income and expenses. The necessity of using dynamic performance and efficiency of the concept of "energy efficiency of the enterprise" is proved. The use of energy equivalents for measuring income and expenses is offered. Updated methodological basis for calculating the value of energy efficiency of the company, which is based on the Pareto optimum is specified.
Authors and Affiliations
Olga Popova, Vladislav Kuznetsov
Keywords
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