Better management of energy knowledge: the key for success in the energy sector

Over the past several years there have been intensive discussions about the importance of knowledge management (KM) within our society. As we are moving into an era of 'knowledge capitalism', the management of knowledge is promoted as an important and necessary factor for organisational survival and maintenance of competitive strength. During the last 15 years, KM has changed from one generation to the next through constant improvements and new perspectives. Many researchers have presented methodologies, frameworks, technologies and have discussed various KM theoretical and practical issues in several sectors, including the energy sector. This paper aims to analyse the necessity of the application of KM in the energy sector, discuss key issues and managerial implications and describe how the KM process can be implemented in this sector.