A Study of Factors Affecting National Energy Efficiency

Marina A. Nevskaya, Semen M. Raikhlin (), Victoriya V. Vinogradova, Victor V. Belyaev and Mark M. Khaikin
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Marina A. Nevskaya: Organization and Management Department, Saint-Petersburg Mining University, 2, 21 Line, 199106 St. Petersburg, Russia
Semen M. Raikhlin: Organization and Management Department, Saint-Petersburg Mining University, 2, 21 Line, 199106 St. Petersburg, Russia
Victoriya V. Vinogradova: Organization and Management Department, Saint-Petersburg Mining University, 2, 21 Line, 199106 St. Petersburg, Russia
Victor V. Belyaev: Department of Computer Science and Computer Technology, Saint-Petersburg Mining University, 2, 21 Line, 199106 St. Petersburg, Russia
Mark M. Khaikin: Department of Economic Theory, Saint-Petersburg Mining University, 2, 21 Line, 199106 St. Petersburg, Russia

Energies, 2023, vol. 16, issue 13, 1-14

Abstract: National energy efficiency is a key driver for the sustainable development of society. However, the conditions for increasing energy efficiency vary widely around the world and depend on numerous controllable and uncontrollable factors. Existing indicators for assessing energy efficiency typically focus on individual factors, neglecting the complex interplay of socioeconomic, environmental, technological, and other factors that influence energy efficiency. This limitation hampers the quality of assessments. The goal of this study is to develop and apply a comprehensive methodological approach for assessing the influence of key factors on energy efficiency across different countries. The approach utilizes factor analysis methods to identify correlations between indicators and energy-efficiency factors. The study’s findings offer a model for assessing energy efficiency that enables a more profound and comprehensive analysis of the multifactorial impact experienced by national economies in various energy-efficiency domains and areas.

Keywords: energy efficiency; multifactorial approach; energy intensity; energy-efficiency assessment indicators (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: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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