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ODEX (2) answer(s).
 
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1
ID:   177343


Exploring the limits for increasing energy efficiency in the residential sector of the European Union: Insights from the rebound effect / Baležentis, Tomas   Journal Article
Baležentis, Tomas Journal Article
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Summary/Abstract The residential sector is a major energy consumer and requires measures for improvements in energy efficiency. However, the gains in energy efficiency do not always result in energy conservation due to the rebound effect. Therefore, there is a need for the development of methodologies to analyze energy consumption and the rebound effect in the household sector. This paper proposes an econometric approach toward the estimation of the rebound effect based on the ODEX index. The proposed approach does not require assumptions about the underlying distributions of energy inefficiency. The case of the European Union member states is considered in the paper. Specifically, we estimate the rebound effect at the aggregate, sub-period, and country levels over the period of 2000–2015. The results indicate a decline in the rebound effect over the covered period, but with substantial spatial variations. The proposed approach can be applied as a reference along with the other available approaches to ensure the robustness of the analysis. Bulgaria, the Czech Republic, Estonia, Hungary, Italy, Romania, Slovenia, and Spain faced the most serious rebound effects, even leading to backfire.
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2
ID:   099292


Monitoring energy efficiency trends in European industry: which top-down method should be used? / Cahill, Caiman J; Gallachoir, Brian P O   Journal Article
Gallachoir, Brian P O Journal Article
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Publication 2010.
Summary/Abstract Several index decomposition methods are commonly employed to provide a top-down view of energy consumption trends in manufacturing industry. These approaches typically use value added data for an industrial sector to decompose energy trends into structural, intensity and activity effects. Additionally in Europe a commonly employed top-down indicator called ODEX uses units of physical output, rather than value added, to analyse energy efficiency developments only. Therefore it has been difficult to compare ODEX directly to decomposition approaches. This paper presents a new decomposition method called VALDEX, based on the existing ODEX methodology, but using value added data. Extending ODEX to a full decomposition method allows tests commonly used in index decomposition theory to be applied and enables direct comparison with other methods. This helps evaluate the robustness of the existing ODEX methodology. Using industry data from three European countries, the results yielded by five decomposition methods are compared. In the cases examined, both the Laspeyres and VALDEX methods have significant residuals. Laspeyres consistently overestimates total energy consumption while VALDEX underestimates it. Methods that produce small or no unexplained residuals give converging results for each effect for the countries analysed, and provide a more reliable view of energy trends.
Key Words Index Decomposition Analysis  ODEX  VALDEX 
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