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Quantitative Analysis of Energy Efficiency Indices in the Regions of the Russian Federation as Exemplified by Energy Consumption

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  • Lyudmila Yurievna Bogachkova

    (Department of Mathematical Methods in Economics, Volgograd State University, Regional Economics and Management School, Volgograd, Russia,)

  • Shamam Garnikovna Khurshudyan

    (Department of Mathematical Methods in Economics, Volgograd State University, Regional Economics and Management School, Volgograd, Russia)

Abstract

The Russian government has set the target of reducing energy intensity of the gross domestic product by 40% over the period from 2007 to 2020. To solve the problem, energy conservation and increasing energy efficiency programs are implemented at the national, regional and municipal levels. The reduction in energy intensity can occur not only as a result of special measures to save energy resources, but for other reasons. The effectiveness of energy efficiency policies should be judged by such indicator which would reflect exactly technological efficiency. The current system of accounting energy efficiency in Russia has not yet handled this problem. In this article the energy intensity index of physical volume of the gross regional product was calculated and analyzed based on Rosstat data over 2005-2013 for the 80 regions of the Russian Federation. Additive decomposition of electricity consumption increment in the regions according to such major factors as economic activity, the structural and technological factors was performed.

Suggested Citation

  • Lyudmila Yurievna Bogachkova & Shamam Garnikovna Khurshudyan, 2015. "Quantitative Analysis of Energy Efficiency Indices in the Regions of the Russian Federation as Exemplified by Energy Consumption," International Journal of Energy Economics and Policy, Econjournals, vol. 5(4), pages 1033-1041.
    • Handle: RePEc:eco:journ2:2015-04-15
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    References listed on IDEAS

    as
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    2. Su, Bin & Ang, B.W., 2012. "Structural decomposition analysis applied to energy and emissions: Some methodological developments," Energy Economics, Elsevier, vol. 34(1), pages 177-188.
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    More about this item

    Keywords

    Energy Efficiency Indicators; Aggregated Energy Efficiency Indices; Energy Intensity of the Economy;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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