EconPapers    
Economics at your fingertips  
 

Developing an Input-Output Based Method to Estimate a National-Level Energy Return on Investment (EROI)

Lina I. Brand-Correa (), Paul E. Brockway (), Claire L. Copeland (), Timothy Foxon (), Anne Owen () and Peter G. Taylor ()
Additional contact information
Lina I. Brand-Correa: Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds LS2 9JT, UK
Paul E. Brockway: Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds LS2 9JT, UK
Claire L. Copeland: Science Policy Research Unit, University of Sussex, Falmer, Brighton BN1 9QE, UK
Anne Owen: Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds LS2 9JT, UK
Peter G. Taylor: Sustainability Research Institute, School of Earth and Environment, University of Leeds, Leeds LS2 9JT, UK

Energies, 2017, vol. 10, issue 4, 1-21

Abstract: Concerns have been raised that declining energy return on energy investment (EROI) from fossil fuels, and low levels of EROI for alternative energy sources, could constrain the ability of national economies to continue to deliver economic growth and improvements in social wellbeing while undertaking a low-carbon transition. However, in order to test these concerns on a national scale, there is a conceptual and methodological gap in relation to calculating a national-level EROI and analysing its policy implications. We address this by developing a novel application of an Input-Output methodology to calculate a national-level indirect energy investment, one of the components needed for calculating a national-level EROI. This is a mixed physical and monetary approach using Multi-Regional Input-Output data and an energy extension. We discuss some conceptual and methodological issues relating to defining EROI for a national economy, and describe in detail the methodology and data requirements for the approach. We obtain initial results for the UK for the period 1997–2012, which show that the country’s EROI has been declining since the beginning of the 21st Century. We discuss the policy relevance of measuring national-level EROI and propose avenues for future research.

Keywords: Energy Return on Investment (EROI); Multi-Regional Input-Output; net energy analysis; resource depletion; biophysical economics; energy transition (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
https://www.mdpi.com/1996-1073/10/4/534/pdf (application/pdf)
https://www.mdpi.com/1996-1073/10/4/534/ (text/html)

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:gam:jeners:v:10:y:2017:i:4:p:534-:d:95815

Access Statistics for this article

Energies is currently edited by Prof. Dr. Enrico Sciubba

More articles in Energies from MDPI, Open Access Journal
Bibliographic data for series maintained by XML Conversion Team ().

 
Page updated 2019-12-01
Handle: RePEc:gam:jeners:v:10:y:2017:i:4:p:534-:d:95815