International Journal of Multidisciplinary Evolutionary Research  |  ISSN (Print): 3051-3502  |  ISSN (Online): 3051-3510  |  Double-Blind Peer Review  |  Open Access  |  CC BY 4.0

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     2026:7/1

International Journal of Multidisciplinary Evolutionary Research

ISSN: 3051-3502 (Print) | 3051-3510 (Online) | Open Access

Integrating Advanced Energy Accounting Systems with Strategic Commercial Planning for Improved Asset Optimization

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Abstract

The integration of advanced energy accounting systems with strategic commercial planning represents a transformative approach to optimizing asset performance in modern energy markets. As global energy systems experience unprecedented transitions driven by decarbonization, digitalization, and deregulation, organizations face mounting pressures to enhance efficiency, maximize asset utilization, and align with sustainability goals. Advanced energy accounting systems, encompassing real-time energy monitoring, predictive analytics, and cost allocation models, provide granular visibility into energy flows, consumption patterns, and financial implications across assets and portfolios. By combining these systems with strategic commercial planning, firms can bridge the gap between operational data and long-term business objectives, thereby improving decision-making, mitigating risks, and ensuring competitive advantage. This study examines how integrated frameworks enable companies to optimize asset lifecycles, balance supply and demand, and strategically allocate resources. The role of advanced tools such as artificial intelligence, machine learning, and blockchain in strengthening transparency, forecasting accuracy, and compliance with regulatory frameworks is highlighted. Furthermore, the paper emphasizes how strategic planning supported by robust energy accounting facilitates revenue optimization through dynamic pricing, energy trading, and demand-side management. In asset-intensive industries such as oil and gas, power generation, and renewable energy, the fusion of accounting precision with commercial foresight enhances capital investment decisions, reduces downtime, and drives sustainability outcomes. The findings underscore the importance of adopting a holistic approach where technical systems inform strategic pathways for asset optimization and value creation. For competitive economies, this integration ensures resilience, profitability, and innovation in increasingly volatile energy markets. For emerging economies, it supports infrastructure modernization, energy security, and sustainable growth. The research concludes that the convergence of advanced energy accounting and strategic commercial planning is not merely a financial or operational imperative but a critical enabler of global energy transition and long-term competitiveness.

How to Cite This Article

Stephanie Blessing Nnabueze, Opeyemi Morenike Filani, Ojong Felix Enow, Joshua Seluese Okojie, Rasheedah Fola Abioye, Michael Okereke (2023). Integrating Advanced Energy Accounting Systems with Strategic Commercial Planning for Improved Asset Optimization . International Journal of Multidisciplinary Evolutionary Research (IJMER), 4(2), 89-105. DOI: https://doi.org/10.54660/IJMER.2023.4.2.89-105

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