Energy expenditure of Spanish industrial and services firms

María Matea Rosa and Alejandro Muñoz-Julve

Economic Bulletin, 2022, issue 4/2022, No 32

Abstract: The article examines industrial and services firms’ direct energy costs as a proportion of their turnover in 2019, differentiating by fuel type (electricity, natural gas and other fuels) and by firm size and economic sector. The analysis shows that the proportional expenditure on different energy inputs is highly heterogeneous across productive sub-sectors. For energy-intensive sub-sectors, there are also differences in the composition of energy expenditure by firm size. In general, the larger the firm, the lower the proportion of turnover spent on electricity and other fuels, but the higher the proportion spent on natural gas.

Keywords: natural gas prices; electricity prices; fuel prices; economic sector and firm size. (search for similar items in EconPapers)
JEL-codes: L00 M21 Q49 (search for similar items in EconPapers)
Date: 2022
Note: Analytical Articles
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Persistent link: https://EconPapers.repec.org/RePEc:bde:journl:y:2022:i:04:d:aa:n:32

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