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INNOVATION MANAGEMENT IN TRANSPORT – AN ECONOMIC PERSPECTIVE IN THE ERA OF CLIMATE TRANSFORMATION

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Abstract
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An important element of a zero-emission economy is technological innovation and the economic aspects of the transformation, which enable effective and cost-effective emission reductions. A zero-emission economy aims to completely eliminate greenhouse gas emissions, which requires the transformation of the energy, transport, and industry sectors, among others. A particular challenge is reducing emissions in transport, which is responsible for approximately 25% of global carbon dioxide emissions resulting from energy consumption, primarily from fossil fuels. In the face of growing climate requirements and commitments resulting from the Paris Agreement, the transformation of this sector is becoming a priority for environmental policy at all levels. This article aims to demonstrate the role of innovative management strategies implemented by energy companies in the decarbonization process of transport, with a particular emphasis on economic aspects. By providing clean energy, developing infrastructure, and investing in modern technologies and services, these companies play a key role in the transformation of the transport sector. The costs of investing in modern technologies, such as electromobility, hydrogen, or intelligent transport systems, must be considered, as they require significant financial outlays for the development and implementation of solutions. Additionally, expenditures related to the adaptation of infrastructure, including the construction of charging stations and the modernization of the railway network, are significant and pose a challenge to public and private budgets. The scientific novelty of the present article lies in the interdisciplinary economic and technological analysis, which integrates innovation management, energy sector development, and transport transformation in the context of global climate challenges. It highlights strategic mechanisms and management tools that have been insufficiently explored so far, enabling a better understanding of how to effectively support transport decarbonization while considering economic aspects and infrastructure challenges.

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"Good quality transportation system enhances the growth of economy and extends social development in the country. Transportation fills the gap of communication between the places. It helps to improve trading, businesses in different states of the country. Logistic management is another side of transportation of goods from the factory source to the delivery point. Logistics management is the vital to increase the growth of business as well as economic growth of the country. Technology plays the role to improve transportation and logistics management system. Technologies are renovated in regular basis and new technologies are appeared in this era. Emerging information technologies are included to mold the transportation system as smart and intelligent. The modern city is advancing in all the directions nowadays, modern cities are comprising as smart and advance city. Smart transportation is the essential aspect of smart city. Therefore, advancement of transportation in smart city is very significant. Logistic management is emergent aspect of business. Progress of business extend the economical potency of country. Therefore, modernization of logistic management system is very essential. Role of information technology in transportation and logistics management system is portrayed in this paper. Impact of economic factors in growth of transportation and logistics management system in context of Indian smart cities are emphasis in this paper."

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Crisis related to distribution of COVID-19 requires significant state involvement in the response, which includes the definition of strategies formation and direct intervention in to the socio-economic processes. Governments of countries are addressing the development of stimulus and recovery packages strategies what have a goal to form in the future necessary potential for society and economy on the whole. In given environment, stable assets are needed, including an inclusive energy system capable of supporting energy development in accordance with the United Nations Sustainable Development Program and the 2016 Paris Agreement, this requires further research of the prospects for innovative development of renewable energy sector in the crisis of COVID-19 in the transition from the use of fossil fuels to the use of renewable energy sources. Global forecasts from the International Renewable Energy Agency, the International Energy Agency, and the US Energy Information Administration have suggested ways to transform the global energy system. China's hybrid energy market is showing an increase in wind and solar energy production. Reduced costs in the United States have stimulated an increase in renewable energy capacity. In Ukraine, the important role of alternative energy can be identified in the stabilization of Ukraine's agro-industrial complex. In the article reviews current trends and conditions in the development of the energy sector in the transition from the use of fossil fuels to the use of renewable sources in China, United States and Ukraine in terms of forecasting generation and justification of investment directions. A number of technical challenges and problematic aspects of management in the renewable energy sector in Ukraine are highlighted. Long-term goals are proposed for all stakeholders of the energy system in the transition from the use of traditional fuel to the use of biopropellant. The conceptual principles and prospects of scientific research in the formation of the National Renewable Energy Development Plan until 2030 are also outlined.

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  • Cite Count Icon 16
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Appropriate management of energy sources is one of the basic undertakings in the energy sector. Climate policy changes and the development of technologies enabling the acquisition of energy in a way to reduce the negative impact on the natural environment lead to diversity in the structure of the energy sources being used. Therefore, it is important to assess the impact of these changes on the development of energy sectors by particular countries. The article contains the analysis of various energy sources utilization by European Union (EU) countries and the assessment of the energy production sector potential, and the development of this potential in relation to changes in the energy sources structure. For this purpose, a multidimensional comparative analysis was used. The data for the analysis are derived from the Eurostat database for the years 2017 and 2019 for 28 EU countries and they concern the use of energy sources such as combustible fuels, coal and manufactured gases, natural gas, oil and petroleum products (excluding biofuel portion), hydro/hydropower, wind power, solar photovoltaic, nuclear fuels and other fuels n.e.c. As a result of the research, it was proved that in most EU countries the changes introduced in the structure of the use of various energy sources, according to EU climate policy, have a positive impact on the development of particular energy sectors.

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Carbon Emission Pinch Analysis: an application to the transportation sector in Iskandar Malaysia for 2025
  • Jul 11, 2018
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The energy sector has grown significantly over the years, causing an increase in carbon emission that has led to serious global warming problems. Consequently, electric vehicles (EVs) have become a favourable solution in the transportation sector due to their green technology attributes. This paper aims to apply the Carbon Emission Pinch Analysis (CEPA) method to the transportation sector in Iskandar Malaysia. The modified CEPA method is applied by constructing a composite curve for transportation modes and the total carbon emission was plotted in order to study the minimum electricity requirement that needs to be generated to implement the use of EVs. Road and rail transportation were considered in the transport composite curve based on the current policies available and to achieve the new carbon emission target by the year 2025. The alternatives available to reduce carbon emission in Iskandar Malaysia include increasing public transport modal share; fuel switching from petrol and diesel to natural gas and biofuels; and increasing transport efficiency via plug-in hybrid and EVs. Four scenarios were established and evaluated based on economic and environmental aspects. As a result, Scenario 4 which considered all policies available (transport management, fuel switching and fuel efficiency) have showed the most promising fuel mix for future transportation demands. An estimated total amount of 0.25 TJ of electricity is needed for EV implementation with a total estimated cost of RM 1.3 billion. The total carbon emission for this scenario is 1101.96 kt-CO2. This research can benefit the Government, town planners, or policy makers, for preliminary energy planning.

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Is smart transportation associated with reduced carbon emissions? The case of China

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