Do Spanish energy efficiency actions trigger JEVON’S paradox?

Muñoz-Repiso, José Manuel Cansino; Collado, Rocío Román; Merchán, José A.

doi:10.1016/j.energy.2019.05.210

Cited by 27 publications

(16 citation statements)

References 51 publications

(71 reference statements)

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“…However, little is known about how energy policies can generate rent-seeking behavior. To close this gap, we apply the political economy of rent-seeking previously proposed to the case of Spain's renewable energy sector, which consists of an energy investment bubble to promote these technologies [16][17][18]. This energy bubble deals with "generation overcapacity, various tariff hikes over recent years, uncertainty over the financial reliability of many power plants and a regulatory framework that lacks stability" [9].…”

Section: Background and Discussionmentioning

confidence: 99%

“…Although the 1980's internal energy production was based mainly on coal, a few years later, nuclear energy grew significantly, while renewable energies have gained ground since the mid-1990s. However, the green energy transition has not been straightforward: energy efficiency has been a significant problem in the Spanish energy sector [6,18,70].…”

Section: The Case Of Spainmentioning

confidence: 99%

“…Although a small percentage of the population has a bill not directly dominated by one of these five firms, the energy consumption also passes through one of these firms as they control 100% of the distribution network [17]. Thanks to the restricted competition, these firms have built a lucrative business that moves around 40,000 million euros in Spain [18].…”

Section: Introductionmentioning

confidence: 99%

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The Political Economy of Rent-Seeking: Evidence from Spain’s Support Policies for Renewable Energy

2021

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This paper provides a theoretical framework to explore how the support policies for renewable energies can promote rent-seeking incentives in private firms. We develop a political economy of rent-seeking that considers the link between the regulatory decisions of political agents and the potential scope of socially wasteful pursuits. We argue that systematic public support schemes bring rent-seeking as a perception shared by entrepreneurs that influencing political allocations of resources is an essential and potentially preferable source of private profit than other for-profit economic avenues. As evidence of our claims, the framework is applied to the case of Spain to illustrate the economic effects of support policies on the production and distribution of renewable energy. We find rent-seeking behavior in Spain’s renewable energy industry, and precisely that: (i) political regulations have induced market concentration and rent-seeking in renewable energy firms, (ii) these firms have required increasing regulations and premiums to survive, and (iii) energy consumers are forced to pay rent-seeking through increasingly expensive electricity bills. The analysis reveals some challenges and opportunities to drive efficient market-based policies to strengthen entrepreneurial competition and curb rent-seeking behavior. These insights have relevant proposals for the Spanish energy industry in complying with the EU Green Deal through a sustainable transition and comprehensive growth.

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Section: Background and Discussionmentioning

confidence: 99%

Section: The Case Of Spainmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The Political Economy of Rent-Seeking: Evidence from Spain’s Support Policies for Renewable Energy

2021

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“…The findings are analyzed using the ARDL. We connect our short-and long-run effects to the notable predictive framework on the effects of energy intensity (Cansino et al, 2019). Our econometric method emphasizes us to estimate short-run effects relevant to the region.…”

Section: Was Co2 Effectmentioning

confidence: 99%

“…Most of the energy intensity effect was due to the decrease in total CO 2 emissions. By improving the technical aspect intensity (Cansino et al, 2019;Mitić et al, 2017), energy intensity in most ASEAN countries has hampered their CO 2 emissions. Singapore was the only country able to tackle CO 2 emissions through energy efficiency from 1971 to 2017, Figure 1.…”

Section: Energy Intensity Effectmentioning

confidence: 99%

An Ahp-Gis Based Approach for Site Suitability Analysis of Solar-Wind Projects in Santa Marta, Colombia

Olivero-Ortíz¹,

Robles-Algarín

Viloria-Porto

2021

IJEEP

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In several ways, the AEC has increased connectivity between the businesses, merging business activities, and funneling them to end customers. Moreover, it increased energy consumption and increased CO 2 emissions in ASEAN countries. This study analyzed the driving factors of carbon emissions in ASEAN and identified the differences between member countries based on decomposing the extended Kaya identity via the logarithmic mean divisia index (LMDI) method. Since the energy intensity effect "EI-effect," gross domestic effect "GDP-effect," population effect "POP-effect" and CO 2 emission effect "CO 2 -effect" were a mixture of I(0) and I(1), Johansen cointegration test cannot be applied. Hence the study deployed an autoregressive distributed lag (ARDL). This study's ARDL model captured a long-run and short-run relation of the whole cointegrated variables in ASEAN countries. Based on a panel of cross-country and time-series observations, the study analyses that the ARDL model was used to cover a model of short-and long-run implications. Based on the result, we identified the root cause of significantly increasing CO 2 emission in the past 36 years. This study's result was that a positive long-run relationship interacted with a mostly negative short-run relationship between the energy intensity' EI-effect,' gross domestic effect' GDP-effect,' population effect' POP-effect "and CO2 emission effect' CO2-effect."

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Green Innovation and Energy Efficiency: Moderating Effect of Institutional Quality Based on the Threshold Model

Chen,

Pinar,

Román-Collado

2024

Environ Resource Econ

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Recent studies demonstrated that green innovation and environment-related technologies reduce energy intensity and improve energy efficiency, contributing to the reduction of carbon emissions. However, the existing studies employ linear estimation methods to examine the relationship between green innovation and energy intensity and do not consider the indirect implications of institutional quality for the effect of green technology on energy intensity. Institutional quality is found to be an essential driver of innovation, and countries may need to achieve at least a minimum level of institutional quality to promote green innovation and improve their energy intensity. To test this hypothesis, this paper examines the relationship between energy intensity and green innovation using a panel dataset from 72 countries between 1996 and 2017 and a panel threshold model when institutional quality is considered a threshold variable. The findings highlight that green innovation reduces the energy intensity if and only if countries surpass a certain threshold of institutional quality. Therefore, countries need to improve their institutional quality to promote green innovation and benefit from green technologies in improving their energy intensity.

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Do Spanish energy efficiency actions trigger JEVON’S paradox?

Cited by 27 publications

References 51 publications

The Political Economy of Rent-Seeking: Evidence from Spain’s Support Policies for Renewable Energy

The Political Economy of Rent-Seeking: Evidence from Spain’s Support Policies for Renewable Energy

An Ahp-Gis Based Approach for Site Suitability Analysis of Solar-Wind Projects in Santa Marta, Colombia

Green Innovation and Energy Efficiency: Moderating Effect of Institutional Quality Based on the Threshold Model

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