The energy efficiency paradox revisited through a partial observability approach

Κουνετάς, Κωνσταντίνος; Tsekouras, Kostas

doi:10.1016/j.eneco.2007.03.002

Cited by 48 publications

(34 citation statements)

References 50 publications

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“…Examples of such advantages are: replacement of outdated production facilities [28] and increased productivity [22,64] and safety considerations [63]. A study by Ren [25] further found that external limitations through a tight supply of energy (gas feedstock) served as an important driver for the implementation of energy-efficient technologies.…”

Section: Economic Driversmentioning

confidence: 99%

“…In fact, environmental practices improve as the energy manager moves up the hierarchy, yet practices become worse again if the CEO assumes the responsibilities of energy management [61]. Moreover, Kounetas and Tsekouras [28] argue that flexible and effective organizational structures allow firms to cope with a wide range of barriers such as human capital, information gathering and accumulated knowledge, process flexibility, and financial constraints.…”

Section: Organizational Drivers For Energy Efficiencymentioning

confidence: 99%

“…The review finds that economic policy instruments are considered most important. They stimulate energy efficiency through increasing energy taxes [52,91] and emission fees [26], or by providing investment subsidies [26,28,76,89,90]. Considering that firms are more responsive to initial costs than annual savings [41,58], one may assume that subsidies may be more effective at promoting energy-efficient technologies than energy price increases.…”

Section: Policy Instrumentsmentioning

confidence: 99%

“…Policy instruments can be prescriptive, economic, or supportive [92], and these three categories are applied in the energy policy mix [28,74]. The review finds that economic policy instruments are considered most important.…”

Section: Policy Instrumentsmentioning

confidence: 99%

“…A majority of the articles in our sample take the perspective of practitioners and apply multidisciplinary frameworks and taxonomies to guide their research, e.g., [23,24,26,28,29,31]. The taxonomies provide valuable insights about the magnitude and complexity of drivers that stimulate the energy efficiency of manufacturing firms.…”

Section: Categorization Of Driversmentioning

confidence: 99%

See 4 more Smart Citations

Closing the Energy Efficiency Gap—A Systematic Review of Empirical Articles on Drivers to Energy Efficiency in Manufacturing Firms

Solnørdal

Foss

2018

Energies

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Abstract:Research has identified an extensive potential for energy efficiency within the manufacturing sector, which is responsible for a substantial share of global energy consumption and greenhouse gas emissions. The purpose of this study is to enhance the knowledge of vital drivers for energy efficiency in this sector by providing a critical and systematic review of the empirical literature on drivers to energy efficiency in manufacturing firms at the firm level. The systematic literature review (SLR) is based on peer-reviewed articles published between 1998 and 2016. The findings reveal that organizational and economic drivers are, from the firms' perspective, the most prominent stimulus for energy efficiency and that they consider policy instruments and market drivers to be less important. Secondly, firm size has a positive effect on the firms' energy efficiency, while the literature is inconclusive considering sectorial impact. Third, the studies are mainly conducted in the US and Western European countries, despite the fact that future increase in energy demand is expected outside these regions. These findings imply a potential mismatch between energy policy-makers' and firm mangers' understanding of which factors are most important for achieving increased energy efficiency in manufacturing firms. Energy policies should target the stimulation of management, competence, and organizational structure in addition to the provision of economic incentives. Further understanding about which and how internal resources, organizational capabilities, and management practices impact energy efficiency in manufacturing firms is needed. Future energy efficiency scholars should advance our theoretical understanding of the relationship between energy efficiency improvements in firms, the related change processes, and the drivers that affect these processes.

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Section: Economic Driversmentioning

confidence: 99%

Section: Organizational Drivers For Energy Efficiencymentioning

confidence: 99%

Section: Policy Instrumentsmentioning

confidence: 99%

Section: Policy Instrumentsmentioning

confidence: 99%

Section: Categorization Of Driversmentioning

confidence: 99%

See 3 more Smart Citations

Closing the Energy Efficiency Gap—A Systematic Review of Empirical Articles on Drivers to Energy Efficiency in Manufacturing Firms

Solnørdal

Foss

2018

Energies

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Do environmental regulations and technological innovation enhance environmental well‐being in sub‐Saharan Africa?

Manu,

Chen,

Adomako

2024

Bus Strat Env

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We investigate the regulation–technology–environment nexus in sub‐Saharan Africa (SSA), one of the world's most rapidly growing regions. Using a comprehensive panel dataset consisting of 32 countries from 2000 to 2022, we find that stronger environmental regulations and technological innovation enhance environmental well‐being. Moreover, we identify that stronger environmental regulations positively affect pro‐environment innovation. Finally, we present clear evidence for a dynamic and nonlinear regulation–technology–environment relationship, ruling out one‐size‐fits‐all policy approaches to environmental well‐being. Our results remain robust to different estimators, measurements, and sample selections.

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Tracing green growth through industrial resource efficiency patterns: The role of competitiveness and clean technologies

Chatzistamoulou

Κουνετάς

2023

Manage Decis Econ

Self Cite

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The European Green Deal entails benefits for industrial transition to cleaner production through resource efficiency, paving the way to green transition. We develop a conceptual framework to study the drivers of resource efficiency of European industries towards green growth via segments of the countries' competitiveness under technological heterogeneity. Data on 13 industries in 17 European countries over an 8‐year period is used. Evidence shows that isolated efforts to improve productive performance harms environmental efficiency in low competitiveness countries. Results show that industrial environmental performance is affected by country's competitiveness, contributing to the implementation of the New Industrial Strategy of Europe.

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The energy efficiency paradox revisited through a partial observability approach

Cited by 48 publications

References 50 publications

Closing the Energy Efficiency Gap—A Systematic Review of Empirical Articles on Drivers to Energy Efficiency in Manufacturing Firms

Closing the Energy Efficiency Gap—A Systematic Review of Empirical Articles on Drivers to Energy Efficiency in Manufacturing Firms

Do environmental regulations and technological innovation enhance environmental well‐being in sub‐Saharan Africa?

Tracing green growth through industrial resource efficiency patterns: The role of competitiveness and clean technologies

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