The Role of Firms in Energy Transformation

Perrot, Radhika (2009). The Role of Firms in Energy Transformation. UNU-MERIT.

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UNU-MERIT Working Papers

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  • Author Perrot, Radhika
    Title The Role of Firms in Energy Transformation
    Publication Date 2009
    Publisher UNU-MERIT
    Abstract This paper looks at the role of firms in the transformation of fossil fuel based energy systems towards cleaner and greener energy systems. Firms are playing an important role in determining the speed and direction of technical change towards such energy systems. But systemic constraints and negative externalities tend to make such transformations constraint and difficult. To be able to understand how firms overcome these systemic constraints and bring about positive externalities it would be important to observe the strategic role played by firms. Firms are removing technological and economic constraints by engaging in strategic alliances with other firms and research organizations. Both small and large firms have positioned themselves strategically in the green energy market either through basic innovations or through innovations brought about by joint technological partnerships.
    Keyword Firm strategy
    Sustainable energy
    Renewable energy
    System transition
    JEL A10
    M21
    039
    Copyright Holder UNU-MERIT
    Copyright Year 2009
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 16:24:11 JST