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Managing Productive Assets of Energy Companies in Periods of Crisis

  • L. D. Gitelman
  • M. V. KozhevnikovEmail author
  • T. B. Gavrilova
Chapter
Part of the Innovation and Discovery in Russian Science and Engineering book series (IDRSE)

Abstract

The development of energy markets encourages energy companies to optimise their productive asset management process. In times of crisis, effective asset management becomes a top-priority issue for energy companies due to limited investment resources for renewal and modernisation. This study reveals the principles of productive asset management systems in energy companies. The formation of asset management systems in international energy companies is analysed. It is illustrated that the asset management process must be integrated into the energy company’s overall strategy. A schematic diagram of productive asset management in energy companies in times of crisis is suggested.

Keywords

Asset management Asset structure Energy company Maintenance Fixed assets Risk management Life cycle 

Notes

Acknowledgement

The work was supported by Act 211 Government of the Russian Federation, contract № 02.A03.21.0006.

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • L. D. Gitelman
    • 1
  • M. V. Kozhevnikov
    • 1
    Email author
  • T. B. Gavrilova
    • 1
  1. 1.Department of Energy and Industrial Management SystemsUral Federal UniversityYekaterinburgRussia

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