Energy efficiency: renewable and non-renewable energy

Yuri Tascheev
Postgraduate student of Enterprise Economy Department, Odessa National Economic University, e-mail:tascheev@ukr.net

Cite this article:

Tascheev, Y. (2015), Energy efficiency: renewable and non-renewable energy. Ed.: M. Zveryakov (ed.-in-ch.) and others [Enerhoefektyvnist: vidnovliuvani ta nevidnovliuvani dzherela enerhii; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 2, No. 57, pp. 169–177.

Abstract

The article investigates the notions of «energy efficiency», «energy returned on energy invested (EROEI)», «net energy gain (NEG)», «Jevons paradox», the «EU Directive on energy efficiency». The difference in approaches of the performance management of renewable and non-renewable energy resource is considered. The definition of concepts related to energy efficiency, energy conservation, and also with complex energy efficiency measures for energy efficiency are clarified. Approaches to the definition of «energy efficiency» are generalized. The indexes of energy content in different fuels for final consumption are analyzed. It is proved, that the EROEI and NEG indicators are dynamic, and their change allows to conclude on general trends in the development of society, and, directly, the development of energy sector, and to evaluate the different energy resources for production process. It was proposed to to use the method of calculating energy efficiency in the researches according to recommendations of Directive 2012/27/EC, using indicator EROEI.

Keywords

energy profitability; net energy gain; Jevons paradox; costs; resource models; energy resources; energy costs; management approaches to renewable and non-renewable resource.

JEL classification: Q420, D610

UD classification:620.21:330.131.5

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