Research Handbooks in Business and Management series
Edited by John R. Bryson, Jennifer Clark and Vida Vanchan
Chapter 9: Energy and manufacturing: technology and policy transformations and challenges
Energy is both a resource used in the production of goods and services and an industry in its own right, with its own raw materials and finished products. Just as energy inputs in manufacturing are evolving, so are energy industries modernizing and shifting. These transformations are motivated by global competition, resource constraints, and environmental concerns, but they are also enabled and impacted by public policies and by advances in science and technology. This chapter provides a unique and sweeping overview of energy as a manufactured or processed good, emphasizing past trends and future projections about global and US energy systems. This sets the stage for examining the role of energy as an input to manufacturing other goods and commodities, highlighting differences across industries, states, and countries. For example, opportunities to cut energy costs depend on the industrial process being targeted, the products being manufactured, the size of the manufacturing facility, and existing public incentives and regulations.
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