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A Service Business Model for Saving Energy and Reduction of CO 2 Emissions Using Inverters
Author(s) -
Kosaka Michitaka,
Yabutani Takashi
Publication year - 2012
Publication title -
electrical engineering in japan
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.136
H-Index - 28
eISSN - 1520-6416
pISSN - 0424-7760
DOI - 10.1002/eej.21242
Subject(s) - service (business) , business model , term (time) , environmental economics , business , reduction (mathematics) , consumption (sociology) , energy consumption , industrial organization , engineering , marketing , electrical engineering , economics , physics , social science , geometry , mathematics , quantum mechanics , sociology
Abstract This paper considers the effectiveness of the service business approach for reducing CO 2 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 CO 2 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 CO 2 emissions are very large, and has the possibility of creating new business considering CDM or trading CO 2 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