Stakeholder Management: An Approach in CCS Projects

Alina Ilinova, Alexey Cherepovitsyn and Olga Evseeva
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Alina Ilinova: Organization and Management Department, Saint-Petersburg Mining University, Saint-Petersburg 199106, Russia
Alexey Cherepovitsyn: Organization and Management Department, Saint-Petersburg Mining University, Saint-Petersburg 199106, Russia
Olga Evseeva: Organization and Management Department, Saint-Petersburg Mining University, Saint-Petersburg 199106, Russia

Resources, 2018, vol. 7, issue 4, 1-16

Abstract: Currently, a prime position in the global emission mitigation and power transformation system is taken up by CCS technology (carbon capture and storage), proven by the successful realization of a number of CCS projects around the world, not only for CO 2 storage, but also for its deployment in industry. CO 2 -utilizing technologies are circular business models connected with the usage of emissions to provide added benefits throughout the value chain, with their value being part of a response to end the era of cheap mineral resources and materials, as well as their ability to contribute to the transition to a low carbon economy. At the same time, one of the main problems they face lies in the engagement and interaction of stakeholders, as well as public perception of these projects. The purpose of this research is to explore the main stakeholder groups in CCS projects and offer an approach for their management. The methodology of this study is based on case studies, stakeholder management tools, and a checklist method, which were adapted to the specific area of CCS projects. The results of this study amounted to the identification of stakeholder groups with interests and respective roles in CCS projects, as well as proposing a new approach for their assessment through the created checklist method.

Keywords: carbon dioxide; emission; capture and storage; CCS projects; stakeholders; public perception; circular economy; circular business model; checklist method; stakeholder assessment (search for similar items in EconPapers)
JEL-codes: Q1 Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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