MGTS4547: Describe Fuels Being Developed for Commercial Use (e.g. biofuels, renewables, hydrogen): Management in Practice Report, RMIT, Singapore

Assignment Brief:

Topics to cover here include but are not limited to:

• Describe fuels being developed for commercial use (e.g., biofuels, renewables, hydrogen)
• Discuss the use case for electric power (e.g., lighting, air-con), industrial uses (e.g., manufacturing, construction, steel making), transport (e.g, cars, trucks, shipping, rail), and household use
• Imagine beneficial efficiencies/synergies between various elements of business value chains (e.g., pick whatever business sector with which you are most familiar)
• Hypothesize the effect of embracing decarbonized energy use for employees as well as customers/clients (e.g., pick whatever business sector with which you are most familiar)
• Do not ONLY use the SWOT analytical framework – you need to define and justify the use of at least 1-2 others
• Make sure to use plenty of references (e.g., empirical evidence) to support the factual aspects of the problem. Separate sub-topics by paragraph.

Part 2 of the Environmental Analysis – Threats 

Topics to cover here could include but are not limited to:

• International imperative to address climate change through decarbonized energy systems
• Singapore’s climate commitments for 2030 & 2050 in relation to those of other countries in Asia and around the world – and the role of hydrogen in this
• Role of commercial enterprise (business) in contributing to Singapore’s energy-decarbonization aspirations by 2025, 2030 & 2050 – penalties for non-compliance
• Do not ONLY use the SWOT analytical framework – you need to define and justify the use of at least 1-2 others
• Make sure to use plenty of references (e.g., empirical evidence) to support the factual aspects of the problem. Separate sub-topics by paragraph.

Part 3 of the Environmental Analysis – Strengths

Topics to cover here include but are not limited to:

• What is the purpose/role of the Future Fuels CRC?
• Briefly describe the organizational / governance structure – high-level o How does this organizational structure provide benefits industry/government/academics?
• Role of FFCRC in working with taking research and making it available for commercial purposes (e.g., changes in behavior/practice)
• Do not ONLY use the SWOT analytical framework – you need to define and justify the use of at least 1-2 others
• Make sure to use plenty of references (e.g., empirical evidence) to support the factual aspects of the problem. Separate sub-topics by paragraph.

Part 4 of the Environmental Analysis – Weaknesses

Topics to cover here include but are not limited to:

• What are the risks of R&D development activities?
• How does the FFCRC need to protect against sub-optimal outputs/outcomes/impacts? o Do not ONLY use the SWOT analytical framework – you need to define and justify the use of at least 1-2 others
• Make sure to use plenty of references (e.g., empirical evidence) to support the factual aspects of the problem. Separate sub-topics by paragraph.

DiscussionThis section is for you to bring together your complex and nuanced environmental analysis of the FFCRC in a coherent way. Contextualize the FFCRC within the larger international energy sector and make sure your hypothesis about not only current FFCRC activities but activities from 2021 – 2025. The FFCRC is currently contributing to the development of the international energy space and can partner with relevant industry partners in Singapore (which we will discuss for A2 and A3).

Make sure to include aspects of social acceptance, CSR, ethics, etc in this section of the report. Refer to any relevant theoretical frameworks to support your inclusion of these factors (e.g., from your Governance/Ethics course).

It would also be good for you to mention how the literature refers of R&D collaborations. You will need to reflect on how they can play a part in addressing changing global business conditions (e.g., the decarbonization transition in the energy sector).

You will need to cite academic references in this section.