Industrial Energy Use, Management Practices and Price Signals: The Case of Swedish Process Industry

Dahlqvist, Anna; Söderholm, Patrik

doi:10.32479/ijeep.7451

Cited by 8 publications

(5 citation statements)

References 33 publications

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“…Instead, changes in energy-relevant practices were mainly caused by rising energy prices during the program period (Mansikkasalo and Söderholm, 2013). In line with this, Dahlqvist and Söderholm (2019) suggest that the energy price constitutes the most important determinant of inter-firm differences in energy intensities and that neither so-called informational nor organizational failures are main drivers of energy efficiency improvements. Instead, firms in which energy (and hence also the cost of energy) constitutes an important input in production have incentives to become "energy aware".…”

Section: Voluntary Programsmentioning

confidence: 73%

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The Rebound Effect in Energy-Intensive Industries:A Factor Demand Model with Asymmetric Price Response

Dahlqvist¹,

Lundgren²,

Marklund³

2021

The Energy Journal

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The purpose of this paper is to estimate industry-specific direct rebound effects and to relate these effects to industry energy efficiency programs. The rebound effect represents economic behavior that will offset energy savings from energy efficiency improvements. The paper focuses on four energy intense sectors in Sweden; pulp and paper, iron and steel, chemical, and mining, during 2001-2012. We apply a factor demand model that allows for asymmetric energy price responses, i.e. that firms respond differently to increasing and decreasing energy prices. The results show considerable rebound effects. For electricity and non-fossil fuels, efficiency improvements could even ‘backfire’. To mitigate this effect, policies, such as voluntary energy efficiency programs, should be combined with an increase in energy taxes if the ambition is to reduce overall energy use.

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Section: Voluntary Programsmentioning

confidence: 73%

“…The effect of prices on energy demand is especially profound in the long run (see, e.g., Henriksson et al, 2013). Furthermore, the price response is especially profound in energy intensive firms (Dahlqvist and Söderholm 2019). Hence, the rebound effect must be considered when formulating energy policies.…”

Section: Concluding Discussion and Policy Implicationsmentioning

confidence: 99%

The Rebound Effect in Energy-Intensive Industries:A Factor Demand Model with Asymmetric Price Response

Dahlqvist¹,

Lundgren²,

Marklund³

2021

The Energy Journal

Self Cite

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“…Lack of financial security may be the most important development barrier for enterprises. Generally, in the energy sector literature the most important development barriers are the complexity of technologies, climate change, climate policy, the shortage of qualified personnel, the lack of knowledge and experience in marketing and communication, the lack of know-how technology (Foxon et al, 2005;del Río et al 2018;Cagno et al, 2013;Di Foggia, 2016;Dahlqvist and Soderholm;2019;Zimon, 2019) and the lack of financial resources (Meijer et al, 2019) However, the lack of financial resources is certainly the most important barrier to the development of an enterprise. It is generally caused by mistakes made by the management in the area of current assets management and shortterm liabilities, i.e., the basic elements affecting financial liquidity.…”

Section: Literature Reviewmentioning

confidence: 99%

Financial Liquidity Management Strategies in Polish Energy Companies

Zimon

2020

IJEEP

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Financial liquidity is the foundation for building a strong enterprise. Every small or large enterprise, regardless of the industry, needs to have financial liquidity to grow. Its management is complicated as it is related to current assets, short-term liabilities and profitability. The existing relationship between profitability and liquidity makes it very difficult to choose the right liquidity management strategy. The purpose of the article is to analyze the strategy of managing liquidity in state-owned enterprises operating in the energy sector. In this industry in Poland in recent years there has been a high increase in costs related to fees for CO 2 emissions, which will have the large impact on the profitability of enterprises, which will hinder the choice of financial liquidity management strategies. The specificity of the industry, the form of ownership of the analyzed enterprises and the government's policy will also have a significant impact on the shape of the liquidity management policy. The analysis was based on the financial statements for 2015-2018.

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“…On the opportunities created for employment, solar PV based businesses are estimated to employ around 3.9% of the African workforce according to IRENA (IRENA, 2019). However, the sector has several barriers such as lack of resources, lack of knowledge of the technology, lack of clear climate policy, lack of qualified personnel, lack of knowledge and experience in marketing and communication according to a study by Cagno et al (2013), Dahlqvist andSöderholm (2019), andDi Foggia (2016). A study in Malaysia also indicated that project financing and market failures are barriers for the sector (Vaka et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Comparative assessment of the challenges faced by the solar energy industry in Ethiopia before and during the COVID‐19 pandemic

Gebreslassie

2021

WIREs Energy & Environment

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The COVID‐19 pandemic is having an unprecedented impact on social, economic, and political situations of all countries around the world with no sight to its end. Business sectors such as solar distributors, which have been instrumental in supporting the governments' ambitious universal electrification programs, have been negatively affected by the pandemic. The main aim of this paper is therefore to explore and conduct a comparative assessment before and during the COVID‐19 pandemic of the key challenges of solar‐based businesses in Ethiopia focusing on the distributors and installers and to provide policy recommendations. Qualitative and quantitative assessments were employed during this study. The results show that before the pandemic, finding a skilled workforce, gaining a technical knowledge of the technology, competing in the market, and lack of consumer awareness and initial investment were the key challenges. The importation of solar technologies has been halted by the arrival of the COVID‐19 exacerbating existing challenges and threatening the very existence of the businesses. The impact of the pandemic on income levels of end‐users of solar technologies, together with the lack of sufficient supply of technologies to the businesses, most of the businesses are forced to lay off their employees deepening the unemployment rate and, in some cases, forcing businesses to be closed. These circumstances affect economic development and dents the progress made so far in facilitating energy access to remote communities. To protect these vulnerable but very essential small businesses, necessary interventions are recommended. This article is categorized under: Photovoltaics > Economics and Policy

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Industrial Energy Use, Management Practices and Price Signals: The Case of Swedish Process Industry

Cited by 8 publications

References 33 publications

The Rebound Effect in Energy-Intensive Industries:A Factor Demand Model with Asymmetric Price Response

The Rebound Effect in Energy-Intensive Industries:A Factor Demand Model with Asymmetric Price Response

Financial Liquidity Management Strategies in Polish Energy Companies

Comparative assessment of the challenges faced by the solar energy industry in Ethiopia before and during the COVID‐19 pandemic

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