The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors

Energy efficiency is considered to be one of the most reliable ways of addressing some of the most pressing global challenges, such as energy independence and the fight against the negative effects of climate change. It is widely recognised that the EU path towards decarbonisation has to be accompan...

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Detalles Bibliográficos
Autores: Román Collado, Rocío, Economidou, Marina
Tipo de recurso: artículo
Estado:Versión enviada para evaluación y publicación
Fecha de publicación:2021
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/167158
Acceso en línea:https://hdl.handle.net/11441/167158
https://doi.org/10.1016/j.enpol.2021.112441
Access Level:acceso abierto
Palabra clave:Energy efficiency
Decomposition analysis
Productive sectors
EU2020 targets
Energy efficiency policy
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spelling The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectorsRomán Collado, RocíoEconomidou, MarinaEnergy efficiencyDecomposition analysisProductive sectorsEU2020 targetsEnergy efficiency policyEnergy efficiency is considered to be one of the most reliable ways of addressing some of the most pressing global challenges, such as energy independence and the fight against the negative effects of climate change. It is widely recognised that the EU path towards decarbonisation has to be accompanied by energy efficiency improvements. Focusing on the EU28 from the year 2000 onwards, this analysis aims at identifying the main driving factors behind the energy consumption changes at the global and sectoral level. Concretely, our focus on the productive sectors (responsible for 41% of total consumption) is due to the importance that these sectors have in reaching the overall EU targets. The novelty of this paper is that index decomposition analysis (concretely, LMDI-I) is applied considering: i) the alternative effects to the traditional ones; ii) different degrees of disaggregation and iii) new methodological approaches according to the most recent research literature on this topic. The results suggest that there have been important energy efficiency gains during the period studied. Without these gains the progress achieved towards the EU energy efficiency targets would have been difficult to attain. Despite this, the physical-based analysis shows that the energy efficiency gains are of a lower magnitude compared to the monetary-based analysis. The results provide some energy policy recommendations related to the effectiveness of past energy efficiency measures and shed light on key sectors for which there is still room for improvement.ElsevierAnálisis Económico y Economía Política2021info:eu-repo/semantics/articleinfo:eu-repo/semantics/submittedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/167158https://doi.org/10.1016/j.enpol.2021.112441reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésEnergy Policy, 156, 112441.https://doi.org/10.1016/j.enpol.2021.112441info:eu-repo/semantics/openAccessoai:idus.us.es:11441/1671582026-06-17T12:51:07Z
dc.title.none.fl_str_mv The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
title The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
spellingShingle The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
Román Collado, Rocío
Energy efficiency
Decomposition analysis
Productive sectors
EU2020 targets
Energy efficiency policy
title_short The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
title_full The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
title_fullStr The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
title_full_unstemmed The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
title_sort The role of energy efficiency in assessing the progress towards the EU energy efficiency targets of 2020: evidence from the European productive sectors
dc.creator.none.fl_str_mv Román Collado, Rocío
Economidou, Marina
author Román Collado, Rocío
author_facet Román Collado, Rocío
Economidou, Marina
author_role author
author2 Economidou, Marina
author2_role author
dc.contributor.none.fl_str_mv Análisis Económico y Economía Política
dc.subject.none.fl_str_mv Energy efficiency
Decomposition analysis
Productive sectors
EU2020 targets
Energy efficiency policy
topic Energy efficiency
Decomposition analysis
Productive sectors
EU2020 targets
Energy efficiency policy
description Energy efficiency is considered to be one of the most reliable ways of addressing some of the most pressing global challenges, such as energy independence and the fight against the negative effects of climate change. It is widely recognised that the EU path towards decarbonisation has to be accompanied by energy efficiency improvements. Focusing on the EU28 from the year 2000 onwards, this analysis aims at identifying the main driving factors behind the energy consumption changes at the global and sectoral level. Concretely, our focus on the productive sectors (responsible for 41% of total consumption) is due to the importance that these sectors have in reaching the overall EU targets. The novelty of this paper is that index decomposition analysis (concretely, LMDI-I) is applied considering: i) the alternative effects to the traditional ones; ii) different degrees of disaggregation and iii) new methodological approaches according to the most recent research literature on this topic. The results suggest that there have been important energy efficiency gains during the period studied. Without these gains the progress achieved towards the EU energy efficiency targets would have been difficult to attain. Despite this, the physical-based analysis shows that the energy efficiency gains are of a lower magnitude compared to the monetary-based analysis. The results provide some energy policy recommendations related to the effectiveness of past energy efficiency measures and shed light on key sectors for which there is still room for improvement.
publishDate 2021
dc.date.none.fl_str_mv 2021
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/submittedVersion
format article
status_str submittedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/167158
https://doi.org/10.1016/j.enpol.2021.112441
url https://hdl.handle.net/11441/167158
https://doi.org/10.1016/j.enpol.2021.112441
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Energy Policy, 156, 112441.
https://doi.org/10.1016/j.enpol.2021.112441
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
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collection idUS. Depósito de Investigación de la Universidad de Sevilla
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