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A harmonized calculation model for transforming EU bottom-up energy efficiency indicators into empirical estimates of policy impacts

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  • Horowitz, Marvin J.
  • Bertoldi, Paolo

Abstract

This study is an impact analysis of European Union (EU) energy efficiency policy that employs both top-down energy consumption data and bottom-up energy efficiency statistics or indicators. As such, it may be considered a contribution to the effort called for in the EU's 2006 Energy Services Directive (ESD) to develop a harmonized calculation model. Although this study does not estimate the realized savings from individual policy measures, it does provide estimates of realized energy savings for energy efficiency policy measures in aggregate. Using fixed effects panel models, the annual cumulative savings in 2011 of combined household and manufacturing sector electricity and natural gas usage attributed to EU energy efficiency policies since 2000 is estimated to be 1136PJ; the savings attributed to energy efficiency policies since 2006 is estimated to be 807PJ, or the equivalent of 5.6% of 2011 EU energy consumption. As well as its contribution to energy efficiency policy analysis, this study adds to the development of methods that can improve the quality of information provided by standardized energy efficiency and sustainable resource indexes.

Suggested Citation

  • Horowitz, Marvin J. & Bertoldi, Paolo, 2015. "A harmonized calculation model for transforming EU bottom-up energy efficiency indicators into empirical estimates of policy impacts," Energy Economics, Elsevier, vol. 51(C), pages 135-148.
  • Handle: RePEc:eee:eneeco:v:51:y:2015:i:c:p:135-148
    DOI: 10.1016/j.eneco.2015.05.020
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    2. Economidou, M. & Ringel, M. & Valentova, M. & Castellazzi, L. & Zancanella, P. & Zangheri, P. & Serrenho, T. & Paci, D. & Bertoldi, P., 2022. "Strategic energy and climate policy planning: Lessons learned from European energy efficiency policies," Energy Policy, Elsevier, vol. 171(C).
    3. Trotta, Gianluca, 2020. "Assessing energy efficiency improvements and related energy security and climate benefits in Finland: An ex post multi-sectoral decomposition analysis," Energy Economics, Elsevier, vol. 86(C).
    4. Cristian Mardones & Pablo Herreros, 2023. "Ex post evaluation of voluntary environmental policies on the energy intensity in Chilean firms," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(9), pages 9111-9136, September.
    5. Bhadbhade, Navdeep & Yilmaz, Selin & Zuberi, Jibran S. & Eichhammer, Wolfgang & Patel, Martin K., 2020. "The evolution of energy efficiency in Switzerland in the period 2000–2016," Energy, Elsevier, vol. 191(C).
    6. Bhowmik, Chiranjib & Bhowmik, Sumit & Ray, Amitava & Pandey, Krishna Murari, 2017. "Optimal green energy planning for sustainable development: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 796-813.
    7. Sofia Tsemekidi Tzeiranaki & Paolo Bertoldi & Francesca Diluiso & Luca Castellazzi & Marina Economidou & Nicola Labanca & Tiago Ribeiro Serrenho & Paolo Zangheri, 2019. "Analysis of the EU Residential Energy Consumption: Trends and Determinants," Energies, MDPI, vol. 12(6), pages 1-27, March.
    8. Bertoldi, Paolo & Mosconi, Rocco, 2020. "Do energy efficiency policies save energy? A new approach based on energy policy indicators (in the EU Member States)," Energy Policy, Elsevier, vol. 139(C).
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    More about this item

    Keywords

    Policy analysis; Energy efficiency; Energy savings; Harmonized calculation model; Energy Services Directive; Bottom-up indicators; Top-down models;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling

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