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Optimizing Regeneration Energy Usage on Railways: Innovative Approaches to R&D Project Management

Valeriy Kuznetsov, Petro Hubskyi, Anna Kacprzak and Renata Barcikowska

European Research Studies Journal, 2024, vol. XXVII, issue 2, 288-301

Abstract: Purpose: The purpose of the article is to identify specific aspects of managing innovative projects in railway transport for the rational utilization of regenerative energy. Design/Methodology/Approach: The article includes analysis of scientific literature and industry documents regarding the management of innovative projects in railway transport and the utilization of regenerative energy. The phenomenon of regeneration is described, and the energy balance of the train is presented. It is noted that the utilization of regenerative energy in the railway transport structure is an example of specific renewable energy and thus fits best with the Green Deal. The specificity of managing innovative projects in railway transport is identified. Recommendations are provided regarding the preparation of funding applications to increase the chances of obtaining funds for the implementation of R&D projects. Findings: The article emphasizes the importance of identifying specific aspects of innovative project management in railway transport in the context of effective utilization of renewable energy. This is a step towards sustainable development of the transport sector through the reduction of greenhouse gas emissions and increased energy efficiency. The phenomenon of regeneration and the energy balance of the train are key elements of analysis in terms of the potential utilization of renewable energy in railway transport. Understanding them is essential for developing effective implementation strategies for modern solutions. The utilization of renewable energy in the railway transport structure has been recognized as an excellent example of specific renewable energy sources that align with the goals of the Green Deal, highlighting its strategic importance for the future of the transport sector. The specificity of innovative project management in railway transport requires an approach based on risk analysis, flexibility, and continuous adaptation to changing technological and market conditions. Practical Implications: The article provides significant knowledge for individuals and institutions involved in the development of innovative projects in railway transport, encouraging the use of renewable energy as an effective means of improving energy efficiency and reducing greenhouse gas emissions. Discussed issues, such as regeneration and the energy balance of the train, can be directly utilized by railway designers and engineers to design more sustainable and environmentally friendly solutions. The specificity of innovative project management in railway transport indicates the need for continuous improvement of management processes and resource allocation to effectively achieve sustainable development goals. Originality/Value: The article provides a new perspective on innovative project management in railway transport, focusing on the rational utilization of renewable energy as a key factor in improving energy efficiency and reducing emissions. The analysis of the phenomenon of regeneration and the energy balance of the train constitutes a unique contribution to understanding the potential benefits and challenges associated with the implementation of renewable technologies in the railway sector.

Keywords: Regeneration; project management; research and development projects; railway transport; project proposal; funding. (search for similar items in EconPapers)
JEL-codes: L15 M14 (search for similar items in EconPapers)
Date: 2024
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