How to Relaunch Energy Transition Business After Coronavirus

This research focuses on examining how to relaunch energy transition business after the impact of coronavirus. It explores the challenges faced by the energy transition industry and provides strategies and steps for businesses to recover and thrive. The case study is based on Siemens AG, a German multinational conglomerate.

Research
Dissertation

Table of Contents
Title:.................................................................................................................................................1
Research Problem Statement...........................................................................................................1
Overview of the Research................................................................................................................1
Aim and Objectives of the Research................................................................................................2
Significance of the Research............................................................................................................3
Purpose of the Research...................................................................................................................3
Literature Review.............................................................................................................................4
Research Methodology....................................................................................................................5
Chapter Structure.............................................................................................................................6
Time Scale.......................................................................................................................................8
References........................................................................................................................................9

Title:
“How to relaunch Energy transition business after coronavirus”.
Research Problem Statement
The key issue of the research is to evaluate how a business can re-launch energy their
operations after corona virus, therefore, corona virus is an imperative conflict that has its
significant influence over the living of people or the whole world as the entire universe is facing
the issue of corona virus and the business industries are also facing the downfall in their
productivity and performance.
Overview of the Research
The present analysis explores to examine how to re-launch energy transition business after
corona- virus. Therefore, corona-virus is a major health disease and recognised to be an
infectious disease which is mainly caused by a newly discovered corona virus. On the other side,
energy transition mainly refers as a path which is implemented to moving forward towards
transformation of the world wide power through fossil based to zero carbon through the another
segment of this century (Energy and et. al., 2020). In addition to this, energy transition is defined
as the phrase that mainly refers to significant structural change in an energy system. Corona-
virus is also recognised as Covid-19 which become an imperative conflict and widely influence
the entire world and mainly the business industries. Energy transition mainly refers to the most
developing industry which is effective for maintaining the suitability of climate and also plays a
vital role in the economic development of a country. Furthermore, the energy transition industry
is also widely affected by the impact of corona Virus as the entire world is facing the issue of
lockdown and not able to work in normal manner. Thus, it has been analysed that corona-virus
has direct negative impact over the operations and progression of energy transition business.
In this present investigation the overall analysis is based on the study of Siemens AG
company, thus it is a German Multinational Conglomerate organization, which has its
headquarter is in Munich and the biggest modern assembling organization. The organization was
established in the time of 1847 by the potential endeavors of Wermer Von Siemens. The
organization is having 385000 representatives who are contributing their noteworthy attempts in
the development and achievement of the business. It is the most leading conglomerate company
which has its net income of €5.648 billion and the total asset of the business is €150.248 billion
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and the overall equity of the firm is €50.984 billion which shows a high brand reputation of the
business. The company deals in different segments, thus In the sustainable power source
industry, the business renders an arrangement of items and administrations to help construct and
work smaller scale frameworks of any size. It additionally gives age and dispersion of electrical
vitality or checking and controlling of smaller scale frameworks through applying fundamentally
sustainable power source, miniaturized scale matrices lessen carbon-dioxide emanations, which
is regularly required by government guidelines. . It provided a reasonable stockpiling produc and
s microgrid to Enel Produzione SPA for the island of Ventotene in Ital.. Covid-19 has a wide
influence over the economic condition of the world and the businesses are putting efforts over
increasing their performance and support the economic position of the country.
Aim and Objectives of the Research
Research Aim
The key aim of this present investigation is “To examine how to re-launch energy
transition business after corona virus”. A study on Siemens AG company.
Research Objectives
The suitable objectives of this present investigation area associated as under:
 To critically appraise understanding in regards to the concept of corona virus.
 To articulate the issues faced by energy transition business due to corona virus.
 To critically evaluate the potential impact of corona virus over the energy transition
business.
 To critically Synthesize an approach to launch energy transition business after coronaries.
Research Questions
The appropriate questions that are interlinked with the aim and objectives are described as
below:
 What is the concept of corona virus?
 What key issues are faced by energy transition business due to corona virus?
 What is the impact of corona virus over the energy transition business?
 What is an approach to launch energy transition business after coronaries?
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Significance of the Research
An investigation is mainly executed to resolve a issue and conflict and the present
exploration is based on examine how to re-launch energy transition business after corona virus.
Therefore, this study is effective in providing wider knowledge in relation to the area of corona
virus and how businesses are putting their efforts in the comeback in the market and gain higher
profitability. In addition to this, the chosen topic is the common issue as the entire world is
facing the issue of corona virus, thus the developed knowledge about this area helps the business
in resolving the issue of Corona Virus and develop the performance of energy industry. The
potential significance for executing this analysis is to provide wider knowledge based in relation
to the area of corona virus and how it influences the world and the operations of business.
Therefore, this study also gives suitable idea for the businesses to overcome with the situation
and bad impact of Corona Virus and also provides guidance to the businesses to take an effective
start and assist their operations in effective manner. This study is also efficacious for Siemens
AG Company to re-launch of energy transition business, within considering all the impact of
corona virus and the measures that are effective to be taken for enhancing the operations of the
business.
Purpose of the Research
The project into consideration is encompasses over evaluating how to re-launch energy
transition business after corona-virus; furthermore, it is a descriptive region of educational
evaluation which is imperative in rendering suitable idea and recognition in regards to the area of
corona-virus and its impact over energy transition business. The key intention of conducting this
research is to rendering descriptive evaluation on the conceptualisation of corona-virus because
this considered to be a important recognition which exists in the form of health dieses and affects
the living of people in the whole world (Kingsly and Henri, 2020). Corona-virus is a key issue
for which the whole universe is surviving and facing a lot issue in the manner of increasing the
death rate of people, downfall of the business profitability, decrease in economic condition and
so on. Therefore, this study is efficacious in developing a persons idea and recognition in
connection to the issue of Corona-virus and its direct impact over the performance of energy
transition business.
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Literature Review
Literature review is characterized to be the key territory of an examination as it is huge in
creating itemized understanding concerning the picked investigation zone. Along these lines, this
segment of examination is principally hand-off over auxiliary sources like books, diaries,
articles, etc as to directing top to bottom analysis over the area of determining how to re-launch
energy transition business after corona virus.
According to the views expressed by Pritish K. Tosh, 2020, a new virus which is known as
the severe acute respiratory syndrome corona-virus 2 that are mainly recognised as the cause of a
disease outbreak which is mainly began in China in the year of 2019, and the dieses is mainly
known by corona-virus disease 2019 or Covid-19. This recognised to be a major issue and
become a global issue which affects the entire globe and the health condition of people. In
addition to this, corona-virus is mainly characterized to be a group of infection which can cause
sickness in like manner normal chilly, serious intense respiratory condition and Middle East
respiratory disorder (Laing, 2020). Crown Virus manifestations includes hack, fever, brevity of
breath, muscle throbs, sore throat, unexplained loss of taste or smell, diarrheal and cerebral pain.
COVID-19 can be serious, and a few cases have caused demise, along these lines The new crown
infection can be spread through individual to individual. It is determined to have a research
centre test but then there is no crown infection antibody. Anticipation incorporates repetitive
hand-washing, hacking into the curve of your elbow, remaining at home when you are wiped out
and wearing a material face covering on the off chance that you can't rehearse social separating.
In spite of the fact that, crown infection is perceived to be a significant issue which has direct
effect over the whole world and influences the living of individuals, business and their tasks
(Huang and et. al., 2020).
As per the views analysis of Mark Lacey, 2020, The spread of Covid-19 across the globe has
bring in regards to the dramatic change to economies and to daily life. The full scale and length
of the effect from the infection stays hazy and will rely upon the two its future spread just as the
worldwide approach reaction. Vitality is characterized to be an essential empowering agent of
thriving and financial turn of events or the soundness of worldwide vitality markets is critical to
continue and support present day industry and society. The most significant component of this
understanding, past the cut in oil creation, is the activation of gatherings with contending
premiums to progress in the direction of the common and ideal goal of market steadiness (Ruhl
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and Salzman, 2020). With respect to the vitality progress individual accept that here are various
dangers to organizations an impact over purchasers request, flexibly chain challenges and the
effect of vulnerability or travel limitations.
Research Methodology
Research Methodology is refers to be the most significant part of a research as it gives a
suitable assistance to the researcher to execute all the activities in right manner. In addition to
this research methodology is efficacious in rendering appropriate way to the investigator to
provide suitable assistance to direct the investigation in an appropriate way to depict actual
results (Lea, 2020). The suitable selection of methodological aspects for conducting evaluation
over the area of determining the re-launch energy transition business after corona virus, some are
defined as under:
Research Methodology: In direction a research the key compulsion of the investigator is
to create a specific selection of research methodology for the purpose of directing a research in
right manner. This section is mainly categorised over qualitative and quantitative research
methodology, therefore, in this existing investigation, quantitative research will recognise to be
the most important tool for conducting evaluation in relation to the configure of re-launch energy
transition business after corona virus, thus, quantitative research is the most suitable tool which
directs in providing detailed quantitative information which helps in guiding the work in right
manner.
Research Approach: This recognise to be the most important are of research methodlogy
as it is works as the plan and procedure which provides a suitable guidance to the investigator to
execute the entire investigation in the light of using an available theory or implementing suitable
one for a specific investigation area. This section is mainly of two types, i.e. deductive and
inductive research approach. In the context of this present investigation work, deductive
approach will be the most effective source to gather valuable information over the area of
examines how to re-launch energy transition business after corona virus, with the suitable
support of implementing theories and hypothesis. In addition to this, this approach is relevant for
quantitative research and also significant in rendering reliability of data via applying theories and
hypothesis that are significant for the specific study.
Research Philosophy: An investigation philosophy is defined as a belief in regards to the
way in which information in relation to a phenomenon needs to be gathered, analysed and
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applied in effective manner. Therefore, this section mainly encompasses over positivism and
Interpretivism philosophy, Thus for this undertaking project, positivism philosophy will be
implemented because it is efficacious in providing fact-full information that are based on original
figures, thus this will also support in gathering information via executing survey analysis.
Data Collection Tools: Data collection is refers to be the key aspect of the research
therefore, this mainly emphasises over primary and secondary sources of data collection
(Richter, M., 2013). Thus, in the context of this present research project based on re-launch of
energy transition business after corona virus, both the data collection tools will be suitable to
assist investigation in right manner, thus, secondary research is efficacious in implementing
descriptive evaluation that helps in developing the recognition in connection to a precise rang
with the help of implementing internal and external sources, Therefore, internal information is
mainly gathered through gathering information from the business and its employees as they are
effective in providing valuable data and external sources such as books, published articles, non-
published journals, newspapers and many more will be suitable in creating abstract, that renders
in-depth knowledge about the chosen study area. On the contrary area, primary study will be
focusable in gathering first hand data which is basically appropriate for a specific themes and in
this survey will evaluated to be the key sources of gathering primary information with the
suitable assistance of questionnaire (Downie, C., 2019). Therefore, survey will be the best
possible way to gather information with the help of designing questionnaire because it is easy
way to gather information from the wider population within a small span of time.
Data Sampling: Data sampling is mainly defined to be the statistical evaluation tool which
is mainly implemented to choose, manipulate an evaluate a representative subset of information
points to determine the issue and trends in the wider information set. This part of research is
mainly segmented among probabilistic and non-probabilistic data sampling tools. Therefore, in
this present investigation work, data will be gather at random basis as in this random sampling
tool will be select from probabilistic sampling tool. Thus, in this 30 sample size will be enough
to gather valuable data.
Chapter Structure
This term to be the most imperative area of introduction chapter as it is effective in
providing a wider view to the investigator to assist the whole investigation in right manner to
resolve the issue in effective manner. This involves different chapter that are needs to be
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considered in a dissertation to reaching at the key results, The detailed analysis of the chapters
are associated as under:
Introduction: This is the primary stage of the dissertation, which provides an outline
specification about leading the entire research in right manner to resolving an appropriate issue,
therefore, this section mainly involves overview of the project, background of the research, aim,
objectives, questions and the intention of executing an evaluation. This section is effective in
providing suitable specification about the investigation area.
Literature Review: This is the second and important chapter of a dissertation, thus it is effective
in developing in-depth analysis which supports the work through creating theoretical framework
which helps an individual in enhancing their understanding and capabilities in relation to a
specific area. This section is mainly based on secondary investigation as in this information is
mainly accumulated through books, journals, published and non-published articles and so on.
Research Methodology: This is the third piece of a dissertation which assumes a successful job
in giving a precise heading to the researcher to actualize all research exercises in right way. This
part depends on different applications like type of investigation, research approach, philosophy,
data collection tools, data analysis, sampling and so on. In this manner the best possible usage of
technique offer help to the writing in appropriate way.
Data Analysis and Interpretation: This is additionally a basic piece of an examination work
which helps the researcher in investigating the gathered information in legitimate way. In this
part accumulated information is dissected through applying thematic evaluation with the support
of frequency distribution table. Therefore, in this results are produced through directing an
overview with the assistance of questionnaire and understanding has been done to drawn a
substantial and dependable result.
Conclusion and Recommendation: This perceived as the last part of the examination work
wherein conclusion is attracted understanding with research help of research findings. Alongside
that, recommendations are additionally accommodating acquiring improvement the current
working environment with the assistance of building up a decent workplace for the
representatives.
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Time Scale
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Week4
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Week1
4
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5 -16
Week17
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Week19 Week20 Wee
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Week
22
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Topic
Selection
Aim and
Objective
development
Overview
and
Background
of the
Research
Research
Proposal
Feedback
Literature
Review
Research
Methodology
Data
Collection
Data
Analysis
Research
Outcomes
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Reflection
and
Recommend
ation
Conclusion
Feedback
Final
Submission
References
Books and Journals
Energy, S., Areas, H.I., Advisory, C. and Weekly, U.N.E.C.E., 2020. Major events. Energy.
Kingsly, K. and Henri, K., 2020. Coronavirus and carbon transition for developing
economies. Available at SSRN 3555901.
Laing, T., 2020. The economic impact of the Coronavirus 2019 (Covid-2019): Implications for
the mining industry. The Extractive Industries and Society.
Ruhl, J.B. and Salzman, J.E., 2020. What Happens When the Green New Deal Meets the Old
Green Laws?. Forthcoming, Vermont Law Review, 44(4).
Lea, R., 2020. The March Budget: a holding operation, amid coronavirus-related economic
uncertainties.
Richter, M., 2013. Business model innovation for sustainable energy: German utilities and
renewable energy. Energy Policy, 62, pp.1226-1237.
Downie, C., 2019. Business battles in the US energy sector: Lessons for a clean energy
transition. Routledge.
Huang, C., Wang, Y., Li, X., Ren, L., Zhao, J., Hu, Y., Zhang, L., Fan, G., Xu, J., Gu, X. and
Cheng, Z., 2020. Clinical features of patients infected with 2019 novel coronavirus in
Wuhan, China. The Lancet, 395(10223), pp.497-506.
Online
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Tosh. P., 2020. Corona-virus disease: What is it and how can I protect myself? [online]
Available through:<https://www.mayoclinic.org/diseases-conditions/coronavirus/
expert-answers/novel-coronavirus/faq-20478727>
Lacey. M., 2020. How has coronavirus impacted the energy transition? [online] Available
through:<https://www.schroders.com/en/insights/economics/how-has-coronavirus-
impacted-the-energy-transition/>
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