New approach to energy intensity in the EU - total energy and carbon cost approach
Abstract
The main objective of this manuscript is to look anew at Energy intensity, an indicator often used as measure of efficient economic development, which currently does not include any environmental component. The authors compared results obtained on the same sample by using Energy Intensity, a well known indicator, and Index of Energy Intensity Cost, an improved indicator suggested by the authors. The new indicator includes carbon emission cost, since 96% of carbon emission is result of energy consumption. Besides the introduction of a new component, the authors changed the nature of the indicator itself. Namely, traditional Energy intensity is based on physical values. The new indicator is expressed in monetary values - more suitable for monitoring economic development. Monitoring in the EU27 region, by using two chosen indicators, shows opposite results. Measuring of Energy Intensity, EU27 region showed positive trends. Measuring of Index of Energy Intensity Cost showed negative trends.... Further modifications to Energy intensity are needed.
Keywords:
monitoring / energy intensity / energy cost intensitySource:
Energy & Environment, 2015, 26, 4, 601-616Publisher:
- MULTI-SCIENCE PUBL CO LTD, BRENTWOOD
Funding / projects:
- European integrations and social and economic changes in Serbian economy on the way to the EU (RS-MESTD-Integrated and Interdisciplinary Research (IIR or III)-47009)
- Challenges and Prospects of Structural Changes in Serbia: Strategic Directions for Economic Development and Harmonization with EU Requirements (RS-MESTD-Basic Research (BR or ON)-179015)
DOI: 10.1260/0958-305X.26.4.601
ISSN: 0958-305X
WoS: 000358528700005
Scopus: 2-s2.0-84959878257
Collections
Institution/Community
Fakultet zaštite životne sredineTY - JOUR AU - Radovanović, Mirjana AU - Filipović, Sanja PY - 2015 UR - https://redun.educons.edu.rs/handle/123456789/243 AB - The main objective of this manuscript is to look anew at Energy intensity, an indicator often used as measure of efficient economic development, which currently does not include any environmental component. The authors compared results obtained on the same sample by using Energy Intensity, a well known indicator, and Index of Energy Intensity Cost, an improved indicator suggested by the authors. The new indicator includes carbon emission cost, since 96% of carbon emission is result of energy consumption. Besides the introduction of a new component, the authors changed the nature of the indicator itself. Namely, traditional Energy intensity is based on physical values. The new indicator is expressed in monetary values - more suitable for monitoring economic development. Monitoring in the EU27 region, by using two chosen indicators, shows opposite results. Measuring of Energy Intensity, EU27 region showed positive trends. Measuring of Index of Energy Intensity Cost showed negative trends. Further modifications to Energy intensity are needed. PB - MULTI-SCIENCE PUBL CO LTD, BRENTWOOD T2 - Energy & Environment T1 - New approach to energy intensity in the EU - total energy and carbon cost approach EP - 616 IS - 4 SP - 601 VL - 26 DO - 10.1260/0958-305X.26.4.601 UR - conv_849 ER -
@article{ author = "Radovanović, Mirjana and Filipović, Sanja", year = "2015", abstract = "The main objective of this manuscript is to look anew at Energy intensity, an indicator often used as measure of efficient economic development, which currently does not include any environmental component. The authors compared results obtained on the same sample by using Energy Intensity, a well known indicator, and Index of Energy Intensity Cost, an improved indicator suggested by the authors. The new indicator includes carbon emission cost, since 96% of carbon emission is result of energy consumption. Besides the introduction of a new component, the authors changed the nature of the indicator itself. Namely, traditional Energy intensity is based on physical values. The new indicator is expressed in monetary values - more suitable for monitoring economic development. Monitoring in the EU27 region, by using two chosen indicators, shows opposite results. Measuring of Energy Intensity, EU27 region showed positive trends. Measuring of Index of Energy Intensity Cost showed negative trends. Further modifications to Energy intensity are needed.", publisher = "MULTI-SCIENCE PUBL CO LTD, BRENTWOOD", journal = "Energy & Environment", title = "New approach to energy intensity in the EU - total energy and carbon cost approach", pages = "616-601", number = "4", volume = "26", doi = "10.1260/0958-305X.26.4.601", url = "conv_849" }
Radovanović, M.,& Filipović, S.. (2015). New approach to energy intensity in the EU - total energy and carbon cost approach. in Energy & Environment MULTI-SCIENCE PUBL CO LTD, BRENTWOOD., 26(4), 601-616. https://doi.org/10.1260/0958-305X.26.4.601 conv_849
Radovanović M, Filipović S. New approach to energy intensity in the EU - total energy and carbon cost approach. in Energy & Environment. 2015;26(4):601-616. doi:10.1260/0958-305X.26.4.601 conv_849 .
Radovanović, Mirjana, Filipović, Sanja, "New approach to energy intensity in the EU - total energy and carbon cost approach" in Energy & Environment, 26, no. 4 (2015):601-616, https://doi.org/10.1260/0958-305X.26.4.601 ., conv_849 .