Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation
The relevance of the study is dictated by the growing role of the fuel and energy complex of developing countries in the decarbonization of the economy. The article discusses the digital transformation of mining enterprises in Kazakhstan, taking into account the transition to CRIRSCO international s...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-08-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/16/16/6002 |
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| author | Farida M. Issatayeva Gulnara M. Aubakirova Aliya D. Maussymbayeva Lyussiya I. Togaibayeva Valery V. Biryukov Elena Vechkinzova |
| author_facet | Farida M. Issatayeva Gulnara M. Aubakirova Aliya D. Maussymbayeva Lyussiya I. Togaibayeva Valery V. Biryukov Elena Vechkinzova |
| author_sort | Farida M. Issatayeva |
| collection | DOAJ |
| description | The relevance of the study is dictated by the growing role of the fuel and energy complex of developing countries in the decarbonization of the economy. The article discusses the digital transformation of mining enterprises in Kazakhstan, taking into account the transition to CRIRSCO international standards and growing competition in the global mineral market. The purpose of the study is to assess the current level of digitalization of the mining industry in Kazakhstan and to deepen the methodological apparatus of the geological and economic assessment of the enterprise based on the factual base of deposits. The role of the transformation of the mining sector in achieving the sustainability of the poorly diversified economy of Kazakhstan is shown. The importance of digitalization of the industry to complete the transition to CRIRSCO international standards and improve the assessment of the digital provision of enterprises in order to optimize their financial and economic policies is argued. It has been established that, at present, most of the enterprises in the investment-attractive mining sector have a low potential for the transition to a new technological paradigm. A methodological approach to the geological and economic assessment of these enterprises has been developed. To maintain high standards of management transparency through the digitalization of key business processes, along with well-known practices of economic analysis, the IDEF1 methodology was used. In order to expand the software ecosystem, the formats of electronic geological and economic databases are integrated into the digital infrastructure of the enterprise. It is substantiated that the introduction of high technologies in the mining industry requires institutional changes and coordinated interaction between the state, business, and universities as equal partners. |
| first_indexed | 2024-03-10T23:58:25Z |
| format | Article |
| id | doaj.art-86848a66fdf64932acbe4a14286b9da0 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T23:58:25Z |
| publishDate | 2023-08-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-86848a66fdf64932acbe4a14286b9da02023-11-19T00:57:19ZengMDPI AGEnergies1996-10732023-08-011616600210.3390/en16166002Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital TransformationFarida M. Issatayeva0Gulnara M. Aubakirova1Aliya D. Maussymbayeva2Lyussiya I. Togaibayeva3Valery V. Biryukov4Elena Vechkinzova5Department of Geology and Exploration of Mineral Deposits, Abylkas Saginov Karaganda Technical University, 56 Nursultan Nazarbayev Ave., Karaganda 100027, KazakhstanDepartment of Economics and Management, Abylkas Saginov Karaganda Technical University, 56 Nursultan Nazarbayev Ave., Karaganda 100027, KazakhstanDepartment of Geology and Exploration of Mineral Deposits, Abylkas Saginov Karaganda Technical University, 56 Nursultan Nazarbayev Ave., Karaganda 100027, KazakhstanDepartment of Economics and Management, Abylkas Saginov Karaganda Technical University, 56 Nursultan Nazarbayev Ave., Karaganda 100027, KazakhstanDepartment of Economics and Management, Abylkas Saginov Karaganda Technical University, 56 Nursultan Nazarbayev Ave., Karaganda 100027, KazakhstanDepartment of Management Theory and Business Technologies, Plekhanov Russian University of Economic, 36 Stremyanny Lane, 117997 Moscow, RussiaThe relevance of the study is dictated by the growing role of the fuel and energy complex of developing countries in the decarbonization of the economy. The article discusses the digital transformation of mining enterprises in Kazakhstan, taking into account the transition to CRIRSCO international standards and growing competition in the global mineral market. The purpose of the study is to assess the current level of digitalization of the mining industry in Kazakhstan and to deepen the methodological apparatus of the geological and economic assessment of the enterprise based on the factual base of deposits. The role of the transformation of the mining sector in achieving the sustainability of the poorly diversified economy of Kazakhstan is shown. The importance of digitalization of the industry to complete the transition to CRIRSCO international standards and improve the assessment of the digital provision of enterprises in order to optimize their financial and economic policies is argued. It has been established that, at present, most of the enterprises in the investment-attractive mining sector have a low potential for the transition to a new technological paradigm. A methodological approach to the geological and economic assessment of these enterprises has been developed. To maintain high standards of management transparency through the digitalization of key business processes, along with well-known practices of economic analysis, the IDEF1 methodology was used. In order to expand the software ecosystem, the formats of electronic geological and economic databases are integrated into the digital infrastructure of the enterprise. It is substantiated that the introduction of high technologies in the mining industry requires institutional changes and coordinated interaction between the state, business, and universities as equal partners.https://www.mdpi.com/1996-1073/16/16/6002transition economydecarbonizationinternational CRIRSCO standardsmining enterprisegeological and economic assessment |
| spellingShingle | Farida M. Issatayeva Gulnara M. Aubakirova Aliya D. Maussymbayeva Lyussiya I. Togaibayeva Valery V. Biryukov Elena Vechkinzova Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation Energies transition economy decarbonization international CRIRSCO standards mining enterprise geological and economic assessment |
| title | Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation |
| title_full | Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation |
| title_fullStr | Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation |
| title_full_unstemmed | Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation |
| title_short | Fuel and Energy Complex of Kazakhstan: Geological and Economic Assessment of Enterprises in the Context of Digital Transformation |
| title_sort | fuel and energy complex of kazakhstan geological and economic assessment of enterprises in the context of digital transformation |
| topic | transition economy decarbonization international CRIRSCO standards mining enterprise geological and economic assessment |
| url | https://www.mdpi.com/1996-1073/16/16/6002 |
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