Perna, P;
Castro, A;
(2019)
Assessing energy efficiency: econometric evidence and implications for Italian energy policy.
In:
4th AIEE Symposium Proceedings.
AIEE: Rome, Italy.
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Abstract
Energy efficiency represents one of the key objectives of the Clean Energy Package. In this context, EU member countries determine the optimal policies for energy efficiency. This papers aims to develop econometric evidence on country-level energy efficiency performance based on stochastic frontier analysis, with a specific focus on Italy’s efficiency levels. The analysis is based on data for a sample of 17 European companies over the period 1996-2016. Overall, Italy’s historical efficiency and performance ranking is consistently above the sample average and is on an increasing path since 2012. However, efficiency benchmarking shows that there may be scope for efficiency savings above and beyond the 2030 targets in the set out in the National Energy Plan. Disaggregate econometric analysis shows that part of these additional efficiency savings may stem from the industrial and residential sectors. To the authors’ knowledge, this is the first attempt to directly compare the efficiency assumptions in a National Action Plan using econometric benchmarking approaches.
| Type: | Proceedings paper |
|---|---|
| Title: | Assessing energy efficiency: econometric evidence and implications for Italian energy policy |
| Event: | 4th AIEE Symposium |
| Location: | Rome |
| Dates: | 10 December 2019 - 12 December 2019 |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://www.aieeconference2019rome.eu/ |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10088080 |
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