Home / Current Issue / Paper 1708349
Advances in Stakeholder-Centric Product Lifecycle Management for Complex, Multi-Stakeholder Energy Program Ecosystems
Subject area: Science,Engineering and Technology · Area of research: Multi-Stakeholder Energy Ecosystems
Abstract
The evolution of energy systems toward decentralization, sustainability, and digitalization has amplified the need for stakeholder-centric approaches to product lifecycle management (PLM). This paper presents a comprehensive framework for understanding and implementing stakeholder-centric PLM in complex, multi-stakeholder energy program ecosystems. Beginning with a theoretical foundation, the paper defines the unique lifecycle stages within the energy sector and situates PLM within stakeholder theory, systems thinking, and ecosystem governance. It then examines stakeholder identification, engagement strategies, and co-creation mechanisms that enable shared value creation beyond traditional financial metrics. The study further explores the integration of lifecycle planning tools, digital twins, and data governance structures to facilitate evidence-based decision-making and regulatory compliance. Key challenges, including organizational resistance, technological fragmentation, and policy misalignment, are critically analyzed alongside enabling technologies and collaborative infrastructures. Finally, the paper offers strategic recommendations for advancing stakeholder-centric PLM, emphasizing innovation pathways, institutional capacity building, and a roadmap for cross-sectoral transformation. By synthesizing conceptual, operational, and strategic dimensions, this work contributes a forward-looking model for enhancing lifecycle sustainability, stakeholder inclusivity, and governance efficacy in modern energy programs.
Keywords
Multi-Stakeholder Energy Ecosystems, Value Co-Creation, Digital Twins and Lifecycle Integration, Governance and Regulatory Alignment, Circular Economy in Energy Systems
How to cite this paper
@article{1708349,
author = {Oyinomomo-emi Emmanuel Akpe, Jeffrey Chidera Ogeawuchi, Abraham Ayodeji Abayomi, Oluwademilade Aderemi Agboola},
title = {Advances in Stakeholder-Centric Product Lifecycle Management for Complex, Multi-Stakeholder Energy Program Ecosystems},
journal = {Iconic Research And Engineering Journals},
year = {2021},
volume = {4},
number = {8},
pages = {179-188},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1708349.pdf},
abstract = {The evolution of energy systems toward decentralization, sustainability, and digitalization has amplified the need for stakeholder-centric approaches to product lifecycle management (PLM). This paper presents a comprehensive framework for understanding and implementing stakeholder-centric PLM in complex, multi-stakeholder energy program ecosystems. Beginning with a theoretical foundation, the paper defines the unique lifecycle stages within the energy sector and situates PLM within stakeholder theory, systems thinking, and ecosystem governance. It then examines stakeholder identification, engagement strategies, and co-creation mechanisms that enable shared value creation beyond traditional financial metrics. The study further explores the integration of lifecycle planning tools, digital twins, and data governance structures to facilitate evidence-based decision-making and regulatory compliance. Key challenges, including organizational resistance, technological fragmentation, and policy misalignment, are critically analyzed alongside enabling technologies and collaborative infrastructures. Finally, the paper offers strategic recommendations for advancing stakeholder-centric PLM, emphasizing innovation pathways, institutional capacity building, and a roadmap for cross-sectoral transformation. By synthesizing conceptual, operational, and strategic dimensions, this work contributes a forward-looking model for enhancing lifecycle sustainability, stakeholder inclusivity, and governance efficacy in modern energy programs.},
keywords = {Multi-Stakeholder Energy Ecosystems, Value Co-Creation, Digital Twins and Lifecycle Integration, Governance and Regulatory Alignment, Circular Economy in Energy Systems},
month = {February},
}