Benefits of Green Energy Technology
Discuss About The International Of Sustainable Transportation.
The current assignment focuses upon the green energy technology which is used by business houses nowadays to reduce the rate of carbon emissions. In the current assignment, an Australia based chemical company Jasol Chemical Products (JCP) have been taken into consideration. It is based in the Adelaide region of South Australia and is responsible for the manufacture of cleaning products and disinfectants. During the synthesis of the products by the organization a high amount of carbon or soot particles are released into the environment. The excessive carbon emissions can endanger the ecosystem such as polluting nearby water bodies along with resulting in respiratory distresses in the local and surrounding residents.
In order to control the growing menace of pollution and also as a part of their corporate social responsibility the JCP has stressed upon the development and implementation of green energy technology solutions. One of the major shifts in this regard was implementing solar power machines and devices, which can reduce the dependency upon non-renewable sources of energy such as coal and petroleum. The company planned to install higher numbers of solar panels within the factory units which will help in harvesting the natural sources of energy. The solar panels helps in transferring the thermal energy into chemical energy through solar powered batteries which could be used in running the small machineries in the factories.
The implementation of the idea can provide a number of benefits to the business unit. It can make the factory unit self sufficient by reducing their dependency upon the external manufacturers and distributors. This could help the JCP group to reduce the cost of production by 11% (Robertson, 2018).
An effective business model could be described over here such as the Energy contracting model, which is one of the most common products-service- system based business models for sustainable energy. It could be further divided into two basic types which are- Energy supply contracting and energy performance contracting. As mentioned by Newbery (2016), combining the two models a hybrid form of model had been established which is the integrated energy contracting model. The energy contacting is a comprehensive energy service for execution of energy efficient projects, aimed at minimizing of project cycle cost (Hua, Oliphant & Hu, 2016). The business model undertaken by the JCP group for implementing a greener technology within the factories could be divided into a number of stages such as – rough planning of the project, obtaining finances and subsidies for the project, deciding upon the fuel type on which the device will be run, getting an approval on the plan from the board of directors, troubleshooting of the operational glitches with sufficient employee expertise, optimization of the systems and processes, ensuring effective quality.
Challenges of Implementing Green Energy Technology
For the JCP group of companies to change thier operational style a gradual planning is required; where each and every system and components needs to be given sufficient importance. In order to implement the change within the organization a thorough discussion with the management is required; where a number of factors need to be considered in the preparatory phase. One of the strongest hindrances in this regard is offered by lack of required expertise in the employees regarding using the changed systems and technologies. One of the most important responsibilities of the management at this stage is provision of sufficient training to the employees which help them in understanding the affectivity of the sustainability procedures (Hossain & Mahmud, 2014). Additionally, conducting a business simulation workshop within the JCP factory premises can help in analysing the affectivity of the business idea. The tests performed in the simulation workshops can be used as a pitch for the business idea which further helps in attracting sufficient number of market investors and distributors.
There are a number of factors which affects the success of a business process. Some of these are getting sufficient amount of cooperation from the management, availability of sufficient finances, infrastructural readiness and presence of sufficient knowledge base in the staff. As mentioned by Geddes, Schmidt & Steffen (2018), for the successful implementation of a new business idea a number of critical factors need to be taken into consideration such as the time of execution of the business plan, location of factory setting and cost of operations etc. One of the preliminary steps in determining the success of a business process is planning and implementation of an effective business plan. As mentioned by Green, Emery, Hishikawa, Warta & Dunlop (2016), the business plan should take into consideration all the feasibility options such as the cost of operations, the size of the plant, the amount or readiness in the workforce to handle such a large project.
The renewable energy devices and technologies are associated with huge amount of investments. Therefore, in the lack of sufficient investments the organization cannot successfully implement alternative sources of energy. Additionally, the solar panels vary in sizes depending upon the size of operations (Twidell & Weir, 2015). As reported by Mundaca, Román & Cansino (2015), for small size factories the implementation of the solar panels often becomes difficult. In this respect, another limitation which is faced over here is the lack of sufficient knowledge regarding the handling of devices run by alternate source of energy. The location of the plant is another critical factor which guides success in a business process. In this respect, the location of the JCP plant close to the raw materials could further provide additional feasibility options. It often becomes difficult to transport the heavy base raw materials in case the manufacturing units are located at far off places.
Feasible Business Model for Implementing Green Energy Technology
The feasibility of the idea could be judged based upon a number of factors which are economic feasibility and practical feasibility. The economic feasibility can also be further divided into present and future profitability standards. The implementation of the renewable sources of energy such as solar panels is often associated with high prices which need to be vested by the organization. In the lack of infrastructure and sufficient finances it will become difficult for the JCP group of organizations to implement the changes within their operations. However as argued by Mundaca, Roman & Cansino (2015), shifting from non-renewable source of energy to a greener and cleaner technology can help effective cost control in the future.
However, the practical feasibility also needs to be taken into consideration whereby the small size of the factory along with lack of sufficient knowledge in the employee base regrading the handling and management of devices powered by alternative sources of energy can make the operations and control difficult. In order to deal with the issues the JCP group provides sufficient training to the employee base regarding the operations management. Additionally, the JCP group has a loyal chain of stakeholders which helps in resolving the issues related to availability of finances.
Working within a team is crucial in order to receive success within a business organization. In this respect, an effective collaboration is needed within individual team members. The group working starts right from the process of planning and implementations of the changes. A cumulative group research and study needs to be conducted before the implementation of an idea or strategy. As mentioned by Green et al. (2016), sharing of expertise and knowledge during different stages of the business process further guides the success rate in implementation of the organizational changes.
Therefore, a working as part of a team within the JCP groups limited I have come across a number of issues such as lack of sufficient knowledge regarding the newly implemented devices and sources. Additionally, working as part of a multicultural and multilingual team it became difficult for me to communicate with rest of peers and colleagues coming from different geographical backgrounds. However, the exposure has helped me in adding more value to mu skills and knowledge. Working under the supervision of many experienced employees helped in learning regarding some of the basic things such as planning and optimization of the organizational resource. Additionally, working as part of an experienced team also helped me in learning regarding the systems and processes.
The optimum use of the organizational resources is one of the basic and most important requisites for engaging the productivity for the organization. One of the most important steps in the implementation of green energy technology is convincing the management regarding the benefits brought about by the implementation of the plan. In this regard, the conducting an extensive market research is an important part of the change process. For, which sufficient amount of support from the peers and colleagues is s required. The knowledge acquired at this stage helped me develop my analytical skills further.
References
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Green, M. A., Emery, K., Hishikawa, Y., Warta, W., & Dunlop, E. D. (2016). Solar cell efficiency tables (version 48). Progress in Photovoltaics: Research and Applications, 24(7), 905-913.
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Hossain, J., & Mahmud, A. (Eds.). (2014). Renewable energy integration: challenges and solutions. Bewrlin: Springer Science & Business Media.
Hua, Y., Oliphant, M., & Hu, E. J. (2016). Development of renewable energy in Australia and China: A comparison of policies and status. Renewable Energy, 85, 1044-1051.
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Robertson, S. (2018). A carbon footprint analysis of renewable energy technology adoption in the modal substitution of high-speed rail for short-haul air travel in Australia. International Journal of Sustainable Transportation, 12(4), 299-312.
Strengers, Y., & Nicholls, L. (2017). Convenience and energy consumption in the smart home of the future: Industry visions from australia and beyond. Energy Research & Social Science, 32, 86-93.
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Wu, J., Zhang, Y., Zukerman, M., & Yung, E. K. N. (2015). Energy-efficient base-stations sleep-mode techniques in green cellular networks: A survey. IEEE communications surveys & tutorials, 17(2), 803-826.
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