Title: A harmonized calculation model for transforming EU bottom-up energy efficiency indicators into empirical estimates of policy impacts
Citation: ENERGY ECONOMICS vol. 51 p. 135–148
Publication Year: 2015
JRC N°: JRC91128
ISSN: 0140-9883
URI: http://www.sciencedirect.com/science/article/pii/S0140988315001723
DOI: 10.1016/j.eneco.2015.05.020
Type: Articles in periodicals and books
Abstract: This study is an impact analysis of European Union (EU) energy efficiency policy that employs both top-down and bottom-up energy efficiency indicators in what the 2006 EU Energy Services Directive classifies as a harmonised calculation model. Using fixed effects panel models, the annual cumulative net savings in 2011of combined household and manufacturing sector electricity and natural gas usage that is attributable to EU energy efficiency policies since 2000 is estimated to be 1,136 Petajoules; the savings attributable to energy efficiency policies since 2006 is estimated to be 807 Petajoules or the equivalent of 5.6 percent of 2011 EU energy consumption. In addition to it's contribution to energy efficiency policy analysis, this study adds to the development of research designs and econometric models that can improve the quality of the information derived from the decomposition of energy and other sustainable resource intensity indexes.
JRC Directorate:Energy, Transport and Climate

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