Vol. 3 No. 2 (2024): The QUEST: Journal of Multidisciplinary Research and Development (Articles in Press)
Articles

Opportunities and Challenges in the Transition to Clean energy of Heilongjiang Energy Sales Company: Basis for Strategic Plan

Zhang Xintian
Hua Neng Heilongjiang Energy Sales Ltd., China
Jennifer Fronda
Nueva Ecija University of Science and Technology

Published 09/28/2024

Keywords

  • Energy company; Challenges, Clean energy; Opportunities; Transition

How to Cite

Zhang Xintian, & Fronda, J. (2024). Opportunities and Challenges in the Transition to Clean energy of Heilongjiang Energy Sales Company: Basis for Strategic Plan. The QUEST: Journal of Multidisciplinary Research and Development, 3(2). https://doi.org/10.60008/thequest.v3i2.149

Abstract

The study at China Huaneng Group Heilongjiang Energy Sales Company explored the transition to clean energy, focusing on the opportunities and challenges involved. It aimed to understand how the company is adapting to this shift by analyzing current operations and evaluating the feasibility of adopting cleaner energy sources. Surveys were distributed to purposively sampled employees, and data was analyzed using descriptive statistics and mean scores. The study provided a detailed characterization of the company, including its business form, years of operation, scope, and asset size as of 2023. It assessed key operational aspects such as technology, production capacity, facilities, and the cost-benefit of transitioning to clean energy. Strategic recommendations were proposed to enhance the company’s readiness for this transition, outlining specific objectives and strategies for implementation. The findings highlighted the importance of maintaining efficiency in both current operations and the shift to cleaner energy sources. The study offered valuable insights and strategic guidance to help China Huaneng Group Heilongjiang Energy Sales Company successfully navigate the transition to a more sustainable energy model while aligning with its financial goals.

Full Paper

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