CORPORATE ENERGY SECURITY – CASE STUDY IN VAASA, FINLAND
Azzuni, Abdelrahman (2020-02-06)
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Industry is in the heart of the developed world economy. It produces the added value for the economy. Therefore, it is very important to make the companies achieve high energy security levels. In this thesis, the concept of corporate energy security was addressed. The aim of this research was to find out what energy security means in general and for industries and corporations as well as how corporate energy security can be evaluated and measured in a company. Thorough and deep literature review was used to formulate a suitable definition for corporate energy security. Then, the needed dimensions for the adopted definition were designed and explained. After that, it was the time to test the conceptual theories of what corporate energy security is and what it includes into a real life application. Therefore, the corporate energy security index (CESI) was introduced. Capturing of needed data was done by a survey in the city of Vaasa, Finland. This survey and application of the CESI played as a case study to prove the concept of corporate energy security. Results proved the designed concepts of corporate energy security, and the importance to address this topic with the industry. Also, results showed the applicability of such concepts in real life and how to apply them to produce measurable values. Part of the results were to show the energy security level in the case study (companies in Vaasa) and to analyse them. At the end, it was concluded that this framework of conceptual design of corporate energy security is valid and practically applicable in real life situation. Also, it was concluded that CESI is a very powerful tool to measure corporate energy security for companies in Vaasa and elsewhere in the world.