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Energy Efficiency and Electricity Reforms: A Way Forward for Clean Power Development

In: The Handbook of Energy Policy

Author

Listed:
  • Muhammad Mohsin

    (Jiangsu University)

  • Farhad Taghizadeh-Hesary

    (Tokai University
    Tokai University)

  • Ehsan Rasoulinezhad

    (University of Tehran)

Abstract

Electricity reforms are an effective way to increase energy efficiency, decrease energy intensity and energy costs per unit, and develop clean energy. This chapter uses a dataset compiled from 48 countries in 5 different regions to comprehend the influence of energy reforms on energy efficiency, thereby providing practical policy recommendations. The difference-in-difference (DID) method and data envelopment analysis (DEA) are used to examine the effects of energy reforms. According to the DEA findings, Uzbekistan is the least effective nation in terms of improving energy efficiency through reforms and is followed by Nepal, Bangladesh, and Singapore. Regarding practical implications, the study recommends green financing and prioritizing green projects to promote energy efficiency and improve green power generation in Asian countries.

Suggested Citation

  • Muhammad Mohsin & Farhad Taghizadeh-Hesary & Ehsan Rasoulinezhad, 2023. "Energy Efficiency and Electricity Reforms: A Way Forward for Clean Power Development," Springer Books, in: Farhad Taghizadeh-Hesary & Dayong Zhang (ed.), The Handbook of Energy Policy, chapter 24, pages 683-712, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-6778-8_29
    DOI: 10.1007/978-981-19-6778-8_29
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    Cited by:

    1. Olawale Ogunrinde & Ekundayo Shittu, 2023. "Benchmarking performance of photovoltaic power plants in multiple periods," Environment Systems and Decisions, Springer, vol. 43(3), pages 489-503, September.

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