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Author: Mr. Serhan Cevik
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 19
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Book Description
The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe—and beyond—still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by increasing energy efficiency, along with changing the energy mix from fossil fuels to renewables. In this paper, we assess energy efficiency (or intensity) in a panel of 38 European countries over the period 1980–2021 by using the stochastic frontier analysis and obtain statistically significant and intuitive results. We have two key findings. First, price signals, including through the introduction of a carbon tax and the removal of fossil fuel subsidies, are critical for energy efficiency, as consumers respond to changes in energy prices. Second, stronger environmental policies and institutions generate unambiguous improvements in energy efficiency by inducing investment in energy efficient equipment and buildings and nudging consumers for energy conservation. These results—robust to alternative specifications and methods—have important policy implications for green growth with higher energy efficiency.
Author: Mr. Serhan Cevik
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 19
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Book Description
The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe—and beyond—still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by increasing energy efficiency, along with changing the energy mix from fossil fuels to renewables. In this paper, we assess energy efficiency (or intensity) in a panel of 38 European countries over the period 1980–2021 by using the stochastic frontier analysis and obtain statistically significant and intuitive results. We have two key findings. First, price signals, including through the introduction of a carbon tax and the removal of fossil fuel subsidies, are critical for energy efficiency, as consumers respond to changes in energy prices. Second, stronger environmental policies and institutions generate unambiguous improvements in energy efficiency by inducing investment in energy efficient equipment and buildings and nudging consumers for energy conservation. These results—robust to alternative specifications and methods—have important policy implications for green growth with higher energy efficiency.
Author: Gary Stuggins
Publisher: World Bank Publications
ISBN: 0821398040
Category : Technology & Engineering
Languages : en
Pages : 85
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Book Description
Energy efficiency help meet energy needs, decrease costs and lower environmental impact. An analysis of successful countries in Eastern Europe and Central Asia indicate the importance of learning from neighbors with proven track records, implementing innovative programs, and relying on good governance.
Author: European Renewable Energy Council
Publisher: Routledge
ISBN: 1136541179
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
How can the European Union meet its binding 20% renewable energy target in final energy consumption by the year 2020? Which sources offer the best prospects for realizing this goal? These are the questions answered by this key book which analyses the current situation of renewable energy in Europe, examines the latest technological, financial and economic developments, and outlines ways in which the renewable energy market can be developed. The book is divided into sections examining the integration of renewable energy, electricity, heating and cooling as well as biofuels. All the main technologies are covered, with exploration of: ' benefits and applications ' costs and prices ' markets and installed capacity ' policy instruments ' key countries and success stories ' targets and long term potential This will be essential reading for policy decision-makers at all levels and to all those involved in the development of the renewable energy industry.
Author: Luigi Paganetto
Publisher: Springer
ISBN: 3319269526
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
This book explores the debate on the policies required to overcome the crises of 2008 and 2011, in which the focus on short-term measures has overshadowed the need to analyze the low growth rate in the European Union, and especially the Eurozone, as the basis for interventions that will counteract the tendency toward stagnation. Factors that lie at the root of the low growth are examined in depth, covering, for example, the impact of the demographic trend toward an aging population in Europe, consequences of inequality for growth, challenges posed by technological change, competition from emerging countries, and difficulties in improving European governance. In addition, potential actions to foster innovation and avoid long-term stagnation, such as new measures to open up markets, stimulate competition in services, and promote green growth, are discussed. The book comprises a selection of contributions presented at the XXVII Villa Mondragone International Economic Seminar, which brought together renowned economists and representatives of a broad range of countries and leading international institutions. It will appeal to all who are interested in the latest thinking on stagnation/growth, inequality, governance, competitiveness, and innovation in Europe.
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292602500
Category : Technology & Engineering
Languages : en
Pages : 344
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Book Description
This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.
Author: Pedro Macedo
Publisher: Springer Nature
ISBN: 3031295838
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
Economic efficiency analysis has received considerable worldwide attention in the last few decades, with Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA) establishing themselves as the two dominant approaches in the literature. This book, by combining cutting-edge theoretical research on DEA and SFA with attractive real-world applications, offers a valuable asset for professors, students, researchers, and professionals working in all branches of economic efficiency analysis, as well as those concerned with the corresponding economic policies. The book is divided into three parts, the first of which is devoted to basic concepts, making the content self-contained. The second is devoted to DEA, and the third to SFA. The topics covered in Part 2 range from stochastic DEA to multidirectional dynamic inefficiency analysis, including directional distance functions, the elimination and choice translating algorithm, benefit-of-the-doubt composite indicators, and internal benchmarking for efficiency evaluations. Part 3 also includes exciting and cutting-edge theoretical research on e.g. robustness, nonparametric stochastic frontier models, hierarchical panel data models, and estimation methods like corrected ordinary least squares and maximum entropy.
Author: Lee Schipper
Publisher: Cambridge University Press
ISBN: 9780521432979
Category : Science
Languages : en
Pages : 402
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Book Description
This book, sponsored by the Stockholm Environment Institute and first published in 1992, presents a detailed analysis of changes in world energy use over the past twenty years. It considers the future prospects of energy demand, and discusses ways of restraining growth in consumption in order to meet environmental and economic development goals. Based on a decade of research by the authors and their colleagues at Lawrence Berkeley Laboratory in collaboration with the Stockholm Environment Institute, it presents a wealth of information on energy use and the forces shaping it in the industrial, developing, and formerly planned economies. The book provides an invaluable overview of the potential for improving energy efficiency, and discusses the policies that could help realize the potential. While calling for strong action by governments and the private sector, the authors stress the importance of considering the full range of factors that will shape realization of the energy efficiency potential around the world.
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 99
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Book Description
A significant tightening of macroeconomic policy since mid-2023 has substantially reduced crisis risks. Tighter financial conditions are weighing on domestic demand and inflation has fallen. Tax and expenditure measures partly dampened an expansionary fiscal impulse and the commitment to stronger incomes policies has strengthened credibility. Market sentiment has improved, with investors shifting into lira while lower commodity prices, buoyant exports, and reduced gold imports have strengthened the current account and boosted international reserves. Türkiye’s sovereign ratings have been upgraded and country risk premia have halved. While now subsiding, still-high inflation expectations and sequential inflation suggest an insufficiently tight policy stance to reach the midpoint of the authorities’ inflation forecast range.
Author: José María Marín Quemada
Publisher: Routledge
ISBN: 1136575138
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
Recent developments like the rising trend in crude oil price, the international economic crisis, the civil revolts in Northern Africa and the Middle East, the nuclear threat in Japan after the tsunami, the oil spill in the Gulf of Mexico and the economic growth of emerging countries like China and India have a direct relation to the security of energy supply anywhere in the world. This book provides a comprehensive analysis of energy risks, energy scenarios and energy policies with special reference to the European Union and its member states, emphasizing the economic and geopolitical dimensions of energy security. The book assesses both quantitatively and qualitatively the socioeconomic and political risks related to the European energy supply, together with the EU’s energy relations with other countries. Two innovative indicators have been developed to estimate geopolitical energy risks and energy-related relations with other countries. The book also examines the process of convergence of member states’ energy security policies, the path towards a common European energy policy, and the process of Europeanization projected towards the energy corridors through which the EU receive energy imports. In addition, alternative strategic scenarios related to energy risk are assessed. Finally, guidelines for the EU’s energy policy and new strategies using energy corridors are suggested in order to maximize EU’s energy security. The book should be of interest to students and researchers across a wide range of subjects, including energy economics and policy, energy and foreign policy in the EU, energy policies in EU member states and several aspects related to international political economy.
Author: United States. Department of Energy. Interlaboratory Working Group on Energy-Efficient and Clean Energy Technologies
Publisher: DIANE Publishing
ISBN: 1428918442
Category : Energy development
Languages : en
Pages : 371
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Book Description
