Abstract

AbstractThis paper considers the effectiveness of the service business approach for reducing CO2 emissions. “HDRIVE” is a service business using inverters to reduce the energy consumption of motor drive. The business model of this service is changed to find new opportunities of CO2 emission reduction by combining various factors such as financial services or long‐term service contracts. Risk analysis of this business model is very important for providing stable services to users over the long term. The HDRIVE business model is found to be suitable for this objective. This service can be applied effectively to industries such as chemicals or steel, where CO2 emissions are very large, and has the possibility of creating new business considering CDM or trading CO2 emission rights. The effectiveness of this approach is demonstrated through several examples in real business. © 2012 Wiley Periodicals, Inc. Electr Eng Jpn, 179(3): 40–48, 2012; Published online in Wiley Online Library (wileyonlinelibrary.com). DOI 10.1002/eej.21242

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.