There have been major concerns regarding the efficiency in relying on fossil fuels in the production and management of energy in the contemporary world. These concerns are attributed to heated debates regarding the role of fossil fuels in global warming, environmental population, and sustainability. Most organisations in the energy sector are increasingly focusing on clean energy and efficient management of energy resources to achieve secure and sustainable production of power, with some transforming from relying on fossil-powered stations to relying on renewable power sources. In particular, the Green Plains Inc. in Omaha, Nebraska, USA, is one of the classic examples of energy organisations shifting from depending on oil and gas sector to exclusive focus on renewable energy production due to external and competitive factors influencing the company’s strategic business decisions. The Green Plains Inc., commonly abbreviated as GPRE in the stocks market, has emerged as one of the leading biofuel producer in the North American region. There exists a list of several justifications indicating GPRE’s strategic decision to cease from relying on fossil fuels into using, producing, and distributing renewable energy resources.
Inhaltsverzeichnis (Table of Contents)
- External Factors Influencing GPRE's Strategic Decision
- Political Factors
- Economic Factors
- Social Factors
- Technological Factors
- Legal Factors
- Environmental Factors
- GPRE's External Competitive Advantages
- Threats to New Entrants
- Threats of Rivals
- Threats of Bargaining Power of Buyers
- Threats of Bargaining Power of Suppliers
- Threats of Substitutes
- GPRE's Competitive Strengths
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
The text aims to explore the strategic decisions made by Green Plains Inc. (GPRE), a leading biofuel producer in North America, in transitioning from reliance on fossil fuels to exclusive focus on renewable energy production. The analysis examines external and competitive factors influencing these decisions, including political, economic, social, technological, legal, and environmental considerations.
- External factors influencing GPRE's strategic decisions
- GPRE's competitive advantages and disadvantages
- The role of renewable energy sources in the energy sector
- The impact of government policies and regulations on renewable energy production
- The challenges and opportunities facing GPRE in a competitive market
Zusammenfassung der Kapitel (Chapter Summaries)
- External Factors Influencing GPRE's Strategic Decision: This chapter explores the various external factors that have influenced GPRE's shift towards renewable energy. These factors include political policies, economic incentives, social attitudes, technological advancements, legal frameworks, and environmental concerns. The chapter examines how these factors have created a favorable environment for GPRE's growth and development in the renewable energy sector.
- GPRE's External Competitive Advantages: This chapter focuses on GPRE's competitive position in the renewable energy market. It analyzes the threats posed by new entrants, rivals, bargaining power of buyers and suppliers, and substitute products. The chapter highlights the challenges and opportunities GPRE faces in a competitive landscape, where traditional energy sources continue to compete with renewable alternatives.
Schlüsselwörter (Keywords)
The text focuses on strategic decision-making in the energy sector, particularly in the context of transitioning from fossil fuels to renewable energy sources. Key themes and concepts include: renewable energy, biofuels, GPRE, external factors, competitive advantages, political factors, economic factors, social factors, technological factors, legal factors, environmental factors, threats to new entrants, threats of rivals, bargaining power of buyers, bargaining power of suppliers, threats of substitutes, and competitive strengths.
- Quote paper
- Leonard Kahungu (Author), 2018, Strategic Decisions in Managing Energy Resources, Munich, GRIN Verlag, https://www.grin.com/document/428652
