TY - JOUR
T1 - The energy metabolism of countries
T2 - Energy efficiency and use in the period that followed the global financial crisis
AU - Andreoni, Valeria
N1 - Publisher Copyright:
© 2020 The Author
PY - 2020/4
Y1 - 2020/4
N2 - This paper discusses how the deceleration of economic growth, that followed the financial crisis of 2008, influenced the energy efficiency, allocation and use of 18 European countries. By using a Multi-scale Integrated Analysis of Societal and Ecosystem Metabolism (MuSIASEM), the relationships between energy requirements, economic trends and population are investigated for the years 2008 and 2015. The analyses are performed for the entire society (Level N), for the household and the paid sectors (Level N-1) and for the agricultural, the industrial and the service activities (Level N-2). Results show that two main groups of countries performed the largest energy reductions, namely: the country most affected by the global financial crisis, such as Greece, Romania and Spain, where the total energy throughput decreased by −19.6%, −15.8% and −12.1%, respectively; and the countries, such as Ireland and United Kingdom, that experienced the largest energy intensity reductions (−38.7% and −19.2%), together with the highest GDP increases (+44.8% and +10.2%). By providing an overview of the relationships existing between socio-economic and energy variables, this paper contributes to the debate around growth and efficiency and can support the design of policies oriented to promote the achievement of a more sustainable and competitive economy.
AB - This paper discusses how the deceleration of economic growth, that followed the financial crisis of 2008, influenced the energy efficiency, allocation and use of 18 European countries. By using a Multi-scale Integrated Analysis of Societal and Ecosystem Metabolism (MuSIASEM), the relationships between energy requirements, economic trends and population are investigated for the years 2008 and 2015. The analyses are performed for the entire society (Level N), for the household and the paid sectors (Level N-1) and for the agricultural, the industrial and the service activities (Level N-2). Results show that two main groups of countries performed the largest energy reductions, namely: the country most affected by the global financial crisis, such as Greece, Romania and Spain, where the total energy throughput decreased by −19.6%, −15.8% and −12.1%, respectively; and the countries, such as Ireland and United Kingdom, that experienced the largest energy intensity reductions (−38.7% and −19.2%), together with the highest GDP increases (+44.8% and +10.2%). By providing an overview of the relationships existing between socio-economic and energy variables, this paper contributes to the debate around growth and efficiency and can support the design of policies oriented to promote the achievement of a more sustainable and competitive economy.
KW - Economic growth
KW - Energy efficiency
KW - Energy metabolism
KW - Energy policies
KW - Financial crisis
UR - https://www.scopus.com/pages/publications/85078961402
U2 - 10.1016/j.enpol.2020.111304
DO - 10.1016/j.enpol.2020.111304
M3 - Article
AN - SCOPUS:85078961402
SN - 0301-4215
VL - 139
JO - Energy Policy
JF - Energy Policy
M1 - 111304
ER -