Manuscript Number : GISRRJ236512

Designing Value Realization Models for Stakeholder Benefits in Long-Term Energy Projects

Authors(3) :-Ebimor Yinka Gbabo, Odira Kingsley Okenwa, Possible Emeka Chima

This paper presents a comprehensive framework for designing value realization models aimed at optimizing stakeholder benefits in long-term energy projects. Recognizing the multifaceted nature of value—which spans economic, environmental, and social dimensions—the study emphasizes the importance of integrating diverse stakeholder interests throughout extended project lifecycles. Drawing on stakeholder theory and established value frameworks, the paper identifies critical components of value realization models, including clear value propositions, key value drivers, measurement mechanisms, and equitable distribution strategies. Methodological approaches combining quantitative and qualitative analyses are explored to capture the full spectrum of value creation. The unique characteristics of long-term energy projects, such as their capital intensity, systemic impacts, and complex governance structures, underscore the need for adaptive and transparent mechanisms that sustain stakeholder engagement and benefits over time. The paper concludes by highlighting practical implications for project design and management, while suggesting future research directions focused on empirical validation, technological integration, and inclusive stakeholder engagement. This holistic approach contributes to enhancing the sustainability and social license of energy initiatives in dynamic environments.

Authors and Affiliations

Ebimor Yinka Gbabo
National Grid, UK
Odira Kingsley Okenwa
Independent Researcher, Benin City, Nigeria
Possible Emeka Chima
Independent Researcher, Nigeria

Value realization, Stakeholder benefits, Long-term energy projects, Sustainable energy, Stakeholder engagement, Adaptive management

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Publication Details

Published in : Volume 6 | Issue 5 | September-October 2023
Date of Publication : 2023-09-12
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 126-141
Manuscript Number : GISRRJ236512
Publisher : Technoscience Academy

ISSN : 2582-0095

Cite This Article :

Ebimor Yinka Gbabo, Odira Kingsley Okenwa, Possible Emeka Chima, "Designing Value Realization Models for Stakeholder Benefits in Long-Term Energy Projects", Gyanshauryam, International Scientific Refereed Research Journal (GISRRJ), ISSN : 2582-0095, Volume 6, Issue 5, pp.126-141, September-October.2023
URL : https://gisrrj.com/GISRRJ236512

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