RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations

Currently, international business and society are on the eve of large-scale changes. The study aims to develop a methodological approach to assess the energy flexibility of multinational corporations in the context of the structural transformation management of renewable energy production. The metho...

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Main Authors: Iurii Prokazov, Vladimir Gorbanyov, Vadim Samusenkov, Irina Razinkina, Monika Chłąd
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/14/13/3865
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author Iurii Prokazov
Vladimir Gorbanyov
Vadim Samusenkov
Irina Razinkina
Monika Chłąd
author_facet Iurii Prokazov
Vladimir Gorbanyov
Vadim Samusenkov
Irina Razinkina
Monika Chłąd
author_sort Iurii Prokazov
collection DOAJ
description Currently, international business and society are on the eve of large-scale changes. The study aims to develop a methodological approach to assess the energy flexibility of multinational corporations in the context of the structural transformation management of renewable energy production. The methodology of this study is based on a comprehensive approach, which includes the methodology of the United States Agency for International Development (USAID), diagnostics of the level of development and energy flexibility of multinational corporations, regression analysis and scenario modeling. In particular, scenario analysis of renewable energy development in countries of the Commonwealth of Independent States (CIS) and economic analysis of projects for the development of corporate renewable energy industry were carried out. The results showed that the Russian renewable energy business is flexible enough for changes; however, at the same time, changes are needed in the national legislation, the basics of work, the national energy market; the conditions should be formed for the development of this business, a green tariff on a market basis should be formed, etc. The scientific contribution of this study is the proposed indicator in the form of the Multinational Corporation Energy Flexibility Index. It provides an opportunity to diagnose the agility of multinational corporations’ development, taking into account changes in their production structure. The developments obtained in the course of the work can be applied for studies related to assessing the flexibility of national energy systems, as well as in the practice of managing multinational corporations operating in the field of renewable energy.
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spelling doaj.art-8b3a52364d454822abd4065e8334633d2025-03-10T10:27:03ZengMDPI AGEnergies1996-10732021-06-011413386510.3390/en14133865RETRACTED: Assessing the Flexibility of Renewable Energy Multinational CorporationsIurii Prokazov0Vladimir Gorbanyov1Vadim Samusenkov2Irina Razinkina3Monika Chłąd4Renaissance Development Russia, 105264 Moscow, RussiaDepartment of World Economy, Moscow State Institute of International Relations (University) (MGIMO), 117342 Moscow, RussiaDepartment of Prosthetic Dentistry, I.M. Sechenov First Moscow State Medical University (Sechenov University), 119991 Moscow, RussiaDepartment of Management and Innovation, Financial University under the Government of the Russian Federation, 115583 Moscow, RussiaFaculty of Management, Czestochowa University of Technology, ul. Armii Krajowej 19 B, 42-200 Czestochowa, PolandCurrently, international business and society are on the eve of large-scale changes. The study aims to develop a methodological approach to assess the energy flexibility of multinational corporations in the context of the structural transformation management of renewable energy production. The methodology of this study is based on a comprehensive approach, which includes the methodology of the United States Agency for International Development (USAID), diagnostics of the level of development and energy flexibility of multinational corporations, regression analysis and scenario modeling. In particular, scenario analysis of renewable energy development in countries of the Commonwealth of Independent States (CIS) and economic analysis of projects for the development of corporate renewable energy industry were carried out. The results showed that the Russian renewable energy business is flexible enough for changes; however, at the same time, changes are needed in the national legislation, the basics of work, the national energy market; the conditions should be formed for the development of this business, a green tariff on a market basis should be formed, etc. The scientific contribution of this study is the proposed indicator in the form of the Multinational Corporation Energy Flexibility Index. It provides an opportunity to diagnose the agility of multinational corporations’ development, taking into account changes in their production structure. The developments obtained in the course of the work can be applied for studies related to assessing the flexibility of national energy systems, as well as in the practice of managing multinational corporations operating in the field of renewable energy.https://www.mdpi.com/1996-1073/14/13/3865renewable energymultinational corporationassessment of flexibilitymanagementenergy system
spellingShingle Iurii Prokazov
Vladimir Gorbanyov
Vadim Samusenkov
Irina Razinkina
Monika Chłąd
RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
Energies
renewable energy
multinational corporation
assessment of flexibility
management
energy system
title RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
title_full RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
title_fullStr RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
title_full_unstemmed RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
title_short RETRACTED: Assessing the Flexibility of Renewable Energy Multinational Corporations
title_sort retracted assessing the flexibility of renewable energy multinational corporations
topic renewable energy
multinational corporation
assessment of flexibility
management
energy system
url https://www.mdpi.com/1996-1073/14/13/3865
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