Energy Management with Energy Saving Technology Innovation and BCG Model Policy Influencing Gas Fuel Energy Saving Efficiency: Case Study of Industrial Plants in the Eastern Region of Thailand

Abstract

This research aims to study energy management factors (Energy Management), innovation management factors (Innovation Management), factors of using the BCG Model (Bio-Circular-Green Economy) policy that influence the effectiveness of gas energy saving of industrial plants in the eastern region of Thailand. It emphasizes the important role of integration between Energy Management, Innovation Management and the application of the BCG (Bio-Circular-Green Economy) economic model to promote efficient energy use, reduce energy loss and reduce greenhouse gas emissions. This study used path analysis to analyze the structural relationships among the aforementioned factors. The data were collected from 223 industrial plants that use gas fuel. Statistics used in data analysis include percentage, mean, standard deviation, Pearson Product Moment Correlation Coefficient and Path Analysis. The results of the study revealed that Energy management factors Innovation management and the use of the BCG Model policy have a significant positive influence on the effectiveness of energy saving. The analysis results indicate that Energy management and innovation management have both direct and indirect effects on using the BCG Model policy, which is the factor that has the greatest influence on the effectiveness of gas energy saving of industrial plants in the eastern region of Thailand. In addition, using the concepts of the Circular Economy (Circular Economy) and the Green Economy (Green Economy) will help reduce environmental impacts and increase competitiveness at the international level. This study recommends the development of policies that support the use of technological innovations, changing energy consumption behavior and promoting cooperation between the public and private sectors to create sustainability in the industrial sector.