Decoupling efficiency from electricity intensity: An empirical assessment in the EU

Frederico Perillo, Patricia Silva () and Pedro Cerqueira

Energy Policy, 2022, vol. 169, issue C

Abstract: A naive analysis of electricity intensity is not very informative since deviations in this indicator entail the consequences of changes in its components. The objective of this paper is to address these components, decomposing the electricity intensity in the European Union from 1995 to 2019. Complementing the LMDI method (Ang, 2015), this paper proposes an improvement by adding a new element to the decomposition methodology. Subsequently, three components of electricity intensity are explored: structure, efficiency, and electrification. This enhancing innovative feature is fundamental to distinguish the actual influence of energy efficiency on electricity intensity from that of the other elements. Results demonstrated that the efficiency component impact was greater than it first appeared. As the goals of public policies such as 20-20-20 EU have been intensified, policy makers need to keep promoting technological innovations since the relevant contribution of the efficiency component was supported by reasonable evidence and the adopted strategies have generated solid results regarding the electricity intensity indicator.

Keywords: Electricity intensity; Energy efficiency; Electrification; Decomposition (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421522003937
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:169:y:2022:i:c:s0301421522003937

DOI: 10.1016/j.enpol.2022.113171

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().