Assessing greenhouse gas emissions in Estonia's energy system
George Halkos and
Panagiotis Tzeremes
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper investigates Estonia’s prospects in meeting the new European Union climate commitments to reduce greenhouse gas (GHG) emissions till 2030 by 40% and 2050 by 80-95% compared to 1990 emission levels. The contribution of this study is twofold. In a first stage, based on organizations reports and using the Long range Energy Alternatives Planning system (LEAP) it constructs seven long-term scenarios to examine Estonia's energy system till 2050. In a second stage, using the Data Envelopment Analysis (DEA) nonparametric approach it evaluates the efficiency of renewable energy commitments in reducing GHG emissions. The findings show that the main challenge for the Estonia policy makers will be the energy policies associated with the renewable energy usage. It appears that under the seven different energy policy scenarios the higher the participation of renewable energy the higher the reduction of greenhouse gas emissions.
Keywords: LEAP software; Renewable energy sources; Scenarios analysis; Data Envelopment Analysis; Estonia. (search for similar items in EconPapers)
JEL-codes: Q20 Q40 Q41 Q42 Q50 Q54 Q58 (search for similar items in EconPapers)
Date: 2015-08
New Economics Papers: this item is included in nep-ene, nep-env and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:66105
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