Accounting frameworks for tracking energy efficiency trends
A.R. Mu and
Peng Zhou ()
Energy Economics, 2010, vol. 32, issue 5, 1209-1219
Many differences can be found among the existing accounting systems for tracking economy-wide energy efficiency trends. There is a need for greater uniformity in the design and application of such systems but a formal study does not exist. This paper seeks to fill some of the gaps. It begins by introducing the basic concepts, indicators and terminology in this study area. This is followed by a review of the existing economy-wide energy efficiency accounting systems with a focus on the analytical framework. The merit of having a precise and meaningful relationship between two basic energy indicators, the energy efficiency index and the energy savings due to efficiency improvement, is elaborated. An accounting framework based on the LMDI decomposition technique which possesses a number of desirable properties is proposed. Numerical examples are presented to highlight these properties and show the differences among the various accounting frameworks. Several methodological and application issues are discussed, and the study concludes with key findings and recommendations.
Keywords: Energy; performance; index; Energy; efficiency; Energy; intensity; Index; decomposition; analysis; LMDI (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (100) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:32:y:2010:i:5:p:1209-1219
Access Statistics for this article
Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant
More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().