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Scientific Article details

Title A Strategic Management Framework for the Commercialization of Multitechnology Renewable Energy Systems: The Case of Concentrating Solar Power in South Africa
ID_Doc 74663
Authors Prentice, GSK; Brent, AC; de Kock, IH
Title A Strategic Management Framework for the Commercialization of Multitechnology Renewable Energy Systems: The Case of Concentrating Solar Power in South Africa
Year 2021
Published Ieee Transactions On Engineering Management, 68, 6
DOI 10.1109/TEM.2020.3039945
Abstract Globally, the importance of sustainable development is recognized due to a number of interconnected social, environmental, and economic challenges. One of the key tenets of sustainable development is the introduction of clean energy, and specifically renewable energy technologies (RETs). To accelerate the adoption of RETs, however, requires the rate of commercialization of such technologies to increase; classified as multitechnology renewable energy systems (MTRESs) due to the hierarchical nature of such systems, with differing commercialization-based needs. A strategic management framework was subsequently developed as a means to support the establishment of strategies for increasing the commercialization rate of MTRESs, and applied to the case of concentrating solar power in South Africa. The framework serves as a proof-of-concept, given the current industry constraints due to political uncertainties in the energy sector of the country, as well as the type of validation process followed, with the framework yet to be practically implemented. This article encourages dialogue on how different stakeholders may be mobilized in the interests of a given technology, while continuing a recent trend in literature, which seeks to move the conversation from energy analysis to practical measures, aimed at hastening efforts towards a sustainable energy transition.
Author Keywords Commercialization; Renewable energy sources; Economics; Supply chains; Stakeholders; Africa; Technological innovation; Commercialization; strategy management; sustainable development; technology management
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000688231300017
WoS Category Business; Engineering, Industrial; Management
Research Area Business & Economics; Engineering
PDF https://figshare.com/articles/journal_contribution/A_Strategic_Management_Framework_for_the_Commercialization_of_Multitechnology_Renewable_Energy_Systems_The_Case_of_Concentrating_Solar_Power_in_South_Africa/15172725/1/files/29146920.pdf
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