publication . Article . 2016

Risk management of energy efficiency projects in the industry - sample plant for injecting pulverized coal into the blast furnaces

Name: Risk management of energy efficiency projects in the industry - sample plant for injecting pulverized coal into the blast furnaces
Keywords: Renewable Energy, Sustainability and the Environment, project, risk, management, efficiency, methodology, pulverized coal injection, Mechanical engineering and machinery, TJ1-1570

Aca D. Jovanović; Filip P. Jovanović; Petar Jovanovic; Ivana Berić;

Open Access

Published: 01 Jan 2016 Journal: Thermal Science, volume 20, pages 315-325 (issn: 0354-9836, eissn: 2334-7163,

Publisher: National Library of Serbia

Summary

Abstract

This paper analyses the applicability of well-known risk management methodologies in energy efficiency projects in the industry. The possibilities of application of the selected risk management methodology are demonstrated within the project of the plants for injecting pulverized coal into blast furnaces nos. 1 and 2, implemented by the company US STEEL SERBIA d.o.o. in Smederevo. The aim of the project was to increase energy efficiency through the reduction of the quantity of coke, whose production requires large amounts of energy, reduction of harmful exhaust emission and increase productivity of blast furnaces through the reduction of production costs. The pr...

doi: 10.2298/tsci150210094j

Subjects

free text keywords: Renewable Energy, Sustainability and the Environment, project, risk, management, efficiency, methodology, pulverized coal injection, Mechanical engineering and machinery, TJ1-1570, Business, Pulverized coal-fired boiler, Risk management, business.industry, Exhaust emission, Project design, Strategic management, Coke, Environmental economics, Efficient energy use

Funded by

MESTD| Researching contemporary tendencies of strategic management using specialized management disciplines in function of competitiveness of Serbian economy