Sustainability and energy efficiency of the European industry

Simone Maggiore, Anna Realini and Marco Borgarello

ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2017, vol. 2017/1-2, issue 1-2, 31-45

Abstract: European Industry plays a key role in the achievement of the targets set by the Energy Efficiency Directive published in 2012. Many Countries in the European Union have, in fact, adopted schemes and mechanisms to implement the Directive by incentivising the adoption of more efficient technologies in industry: however, big differences of approach still remain among the Member States, both in terms of assessment of the efficiency and sustainability of the measures and in terms of economic and/or financial support to the projects. As a consequence, a huge amount of the energy efficiency potential still remains untapped. This paper proposes some criteria for the evaluation of the applied Energy Efficiency measures based on their energetic, economic and environmental performances, thus, more in general, on their sustainability. The proposed criteria have been developed in the H2020 project EU?MERCI and through a national research ("Ricerca di Sistema" national funding system), both coordinated by RSE, and have led to the identification of the most promising measures in industry (called "Good Practices"). The starting point is the creation of an harmonized database collecting energy efficiency projects developed and incentivised in different EU countries within national energy efficiency implementation schemes. Then, some Key Performance Indicators (KPIs) have been defined and calculated, in order to assess the energetic, environmental and economic performances of the measures. After that, the "Good Practices" have been identified, ranked according to the calculated KPIs and, finally, evaluated through the technical expertise of stakeholders in the field. The real added value of this approach is that it is full based on tangibly implemented en-ergy efficiency projects, in opposition to similar attempts, essentially theoretical. Ultimately, it offers a key of assessment of the sustainability of energy efficiency measures implemented under local and EU policies.

JEL-codes: Q3 Q4 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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