Title: Towards an energy efficiency formula: a literature review

Authors: Panagiotis Dimitrakopoulos; Ilias Makris

Addresses: Department of Accounting and Finance, University of Peloponnese, 24100, Antikalamos, Kalamata, Greece ' Department of Accounting and Finance, University of Peloponnese, 24100, Antikalamos, Kalamata, Greece

Abstract: Climate change is a global problem and the reduction of the greenhouse effect is of great importance for national policies worldwide with the aim of constraining CO₂ emissions. Several joint projects have been launched aiming to reduce deviations in the methodological evaluation of energy efficiency. Energy efficiency is considered to be a crucial issue of national energy policies in both developed and developing countries. We plan to divide the 27 EU countries (except England) in two categories: 1) those with a high average contribution of industry to the GDP of the country; 2) those with low average contribution of industry to the GDP of the country. Our main scope is to develop a theoretical model that could be used in empirical analysis to strengthen the real economy while reducing CO₂ emissions, fully aligned with current international conditions (2015 Paris Climate Agreement), to reduce the environmental footprint from total energy use.

Keywords: energy indicators; formula assessment; energy policy.

DOI: 10.1504/IER.2021.121669

Interdisciplinary Environmental Review, 2021 Vol.21 No.3/4, pp.290 - 300

Received: 21 Jul 2021
Accepted: 06 Oct 2021
Published online: 23 Mar 2022 *

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