An evaluation of the energy and environmental policy efficiency of the European Union member states in the last 20 years from an MPT perspective

Q1 Social Sciences

International Journal of Sustainable Energy Planning and Management Pub Date : 2020-04-07 DOI:10.5278/IJSEPM.3482

Fernando de Llano Paz

{"title":"An evaluation of the energy and environmental policy efficiency of the European Union member states in the last 20 years from an MPT perspective","authors":"Fernando de Llano Paz","doi":"10.5278/IJSEPM.3482","DOIUrl":null,"url":null,"abstract":"The European Union has being developing its Energy and Enviornmental policy along the last 30 years. Recent European Commision communications confirm the leadership of European Union on reducing pollutant gases emissions and technological change towards climate neutral economy. This study assessess the efficiency of European Energy Policy from a Modern Portfolio Theory perspective. The proposal studies the disaggregated European power portfolio: to make a more exhaustive analysis, focusing individually on each European country along the period 1990-2015. The efficiency of the Energy and Environmental Policy of each Member State is calculated measuring their distance to the power generation efficient frontier. The quadratic optimization model used by MPT is complemented by a cluster analysis of European Member States, in order to be able to observe country behaviour tendencies: regarding the application of their energy and environmental policies without overlooking the efficiency of that implementation. Results stand out that France, Slovakia and Sweden belong to the “leader” efficient cluster for the considered period. In turn, Denmark, Germany, Greece and Italy show a high consistence in the application of their energy and environmental policies along the considered period, as they moved upwards during that period.","PeriodicalId":37803,"journal":{"name":"International Journal of Sustainable Energy Planning and Management","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2020-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Sustainable Energy Planning and Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5278/IJSEPM.3482","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Social Sciences","Score":null,"Total":0}

引用次数: 2

Abstract

The European Union has being developing its Energy and Enviornmental policy along the last 30 years. Recent European Commision communications confirm the leadership of European Union on reducing pollutant gases emissions and technological change towards climate neutral economy. This study assessess the efficiency of European Energy Policy from a Modern Portfolio Theory perspective. The proposal studies the disaggregated European power portfolio: to make a more exhaustive analysis, focusing individually on each European country along the period 1990-2015. The efficiency of the Energy and Environmental Policy of each Member State is calculated measuring their distance to the power generation efficient frontier. The quadratic optimization model used by MPT is complemented by a cluster analysis of European Member States, in order to be able to observe country behaviour tendencies: regarding the application of their energy and environmental policies without overlooking the efficiency of that implementation. Results stand out that France, Slovakia and Sweden belong to the “leader” efficient cluster for the considered period. In turn, Denmark, Germany, Greece and Italy show a high consistence in the application of their energy and environmental policies along the considered period, as they moved upwards during that period.

查看原文本刊更多论文

从MPT角度评估欧盟成员国过去20年的能源和环境政策效率

在过去的30年里，欧盟一直在制定其能源和环境政策。欧盟委员会最近的通信证实了欧盟在减少污染气体排放和技术变革方面的领导地位，以实现气候中性经济。本研究从现代投资组合理论的角度评估了欧洲能源政策的有效性。该提案研究了欧洲权力组合的分类：进行更详尽的分析，分别关注1990-2015年期间的每个欧洲国家。每个成员国的能源和环境政策的效率是通过测量其与发电效率边界的距离来计算的。MPT使用的二次优化模型辅以对欧洲成员国的聚类分析，以便能够观察各国的行为趋势：在不忽视执行效率的情况下应用其能源和环境政策。结果表明，法国、斯洛伐克和瑞典在审议期间属于“领先”高效集群。反过来，丹麦、德国、希腊和意大利在考虑的时期内，在能源和环境政策的应用方面表现出高度一致性，因为它们在这一时期向上发展。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Sustainable Energy Planning and Management Social Sciences-Geography, Planning and Development

CiteScore

7.60

自引率

0.00%

发文量

审稿时长

30 weeks

期刊介绍： The journal is an international interdisciplinary journal in Sustainable Energy Planning and Management combining engineering and social science within Energy System Analysis, Feasibility Studies and Public Regulation. The journal especially welcomes papers within the following three focus areas: Energy System analysis including theories, methodologies, data handling and software tools as well as specific models and analyses at local, regional, country and/or global level. Economics, Socio economics and Feasibility studies including theories and methodologies of institutional economics as well as specific feasibility studies and analyses. Public Regulation and management including theories and methodologies as well as specific analyses and proposals in the light of the implementation and transition into sustainable energy systems.