article · International Journal of Energy Research
Green supply chain management combines environmental, economic, and social considerations to help organisations reduce operational impacts while staying competitive. Within the renewable energy sector, the growth of sustainable manufacturing and clean energy solutions is transforming conventional business practices. Meeting regulatory requirements and community expectations requires businesses to implement eco-efficient strategies and cleaner production methods. To assist this transition, a green management standard and approaches for controlling supply chain costs can make renewable energy generation more affordable and efficient. In addition, integrating distributed energy systems into supply chains introduces fresh commercial mechanisms. A conceptual framework demonstrates how renewable energy producers can trade surplus electricity through peer-to-peer networks or market routes, unlocking new ways for participating firms to generate economic value.
Businesses face rising pressure from regulators and communities to cut emissions while maintaining profitability. Outlining green standards and supply chain controls helps organisations lower the costs of adopting renewable technologies. Furthermore, creating mechanisms to trade surplus renewable energy peer-to-peer provides enterprises with clear economic incentives to transition towards sustainable, distributed energy systems.
The presented framework supports renewable energy producers and manufacturing enterprises seeking to monetise surplus electricity and reduce operational costs. It enables trading via peer-to-peer networks or broader energy markets. Because the proposal provides a conceptual model and high-level green management standards rather than empirical testing, the work sits at an early, conceptual stage of development.
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This study provides an overview of green supply chain management (GSCM) in the context of renewable energy sources. Thus, it establishes a green management standard with GSCM that companies can adopt. The environmental, economic, and social components determine the concept of GSCM. However, the development and commercialization of renewable energy and sustainable manufacturing practices play a fundamental role in shaping the traditional supply chain management (SCM) and business models. GSCM means that firms and organizations must balance economic and environmental performance to stay competitive, and conform with regulatory and community pressures. This has forced enterprises to design and implement strategies such as eco-efficiency, greener production, and cleaner environmental practices, for green management practices, which aim at reducing the environmental impacts of their operations. This study further highlights insights needed to significantly improve performance and overcome barriers to the development of renewable energy green supply chain management (REGSCM). It also presents useful techniques by outlining better control chain costs to make renewable energy more affordable and efficient, and a new conceptual model that is mainly grounded within the network of distributed energy systems in the context of GSCM. This concept allows renewable energy producers to sell their surplus electricity based on a peer-to-peer (P2P) network or sell directly via the general market. Specifically, this model brings to bear the linkages to the creation of value by firms.
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DOI: 10.1002/er.7278
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