Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery
The covid-19 pandemic has unleashed unprecedented shocks across all aspects of society. Especially, the energy sector is in no exception, with concerns being raised about how governments and private sector will recover from the economic recession but continue working towards clean energy transition....
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2021
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oai:doaj.org-article:507e4deddb29472d8d44e116a4335eea2021-11-20T05:05:47ZTackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery2211-467X10.1016/j.esr.2021.100764https://doaj.org/article/507e4deddb29472d8d44e116a4335eea2021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2211467X21001486https://doaj.org/toc/2211-467XThe covid-19 pandemic has unleashed unprecedented shocks across all aspects of society. Especially, the energy sector is in no exception, with concerns being raised about how governments and private sector will recover from the economic recession but continue working towards clean energy transition. Firm commitments and targeted energy efficiency (EE) investments are required. This study's aim is twofold; firstly, a review on the energy sector crisis with the critical role of EE investments and the investigation of available Decision Support (DS) tools to boost such recovery. The methodology followed by a review on strategically selected countries to capture their energy recovery needs and strategies. Results showed that EE investments will assist in countering pandemic recession, therefore, innovative DS tools and standardisation methods are required. However, hardly any tool exists identifying sustainable investments with strong potential to meet their commitments. The Triple-A Horizon 2020 standardised tools are considered to play critical role enabling EE projects to get financed towards assessing the EE investments' risks.Charikleia KarakostaZoi MylonaJiří KarásekAikaterini PapapostolouEstella GeiselerElsevierarticleCovid-19Energy sectorEnergy efficiencyDecision supportPandemic effectsSustainable investmentsEnergy industries. Energy policy. Fuel tradeHD9502-9502.5ENEnergy Strategy Reviews, Vol 38, Iss , Pp 100764- (2021) |
institution |
DOAJ |
collection |
DOAJ |
language |
EN |
topic |
Covid-19 Energy sector Energy efficiency Decision support Pandemic effects Sustainable investments Energy industries. Energy policy. Fuel trade HD9502-9502.5 |
spellingShingle |
Covid-19 Energy sector Energy efficiency Decision support Pandemic effects Sustainable investments Energy industries. Energy policy. Fuel trade HD9502-9502.5 Charikleia Karakosta Zoi Mylona Jiří Karásek Aikaterini Papapostolou Estella Geiseler Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
description |
The covid-19 pandemic has unleashed unprecedented shocks across all aspects of society. Especially, the energy sector is in no exception, with concerns being raised about how governments and private sector will recover from the economic recession but continue working towards clean energy transition. Firm commitments and targeted energy efficiency (EE) investments are required. This study's aim is twofold; firstly, a review on the energy sector crisis with the critical role of EE investments and the investigation of available Decision Support (DS) tools to boost such recovery. The methodology followed by a review on strategically selected countries to capture their energy recovery needs and strategies. Results showed that EE investments will assist in countering pandemic recession, therefore, innovative DS tools and standardisation methods are required. However, hardly any tool exists identifying sustainable investments with strong potential to meet their commitments. The Triple-A Horizon 2020 standardised tools are considered to play critical role enabling EE projects to get financed towards assessing the EE investments' risks. |
format |
article |
author |
Charikleia Karakosta Zoi Mylona Jiří Karásek Aikaterini Papapostolou Estella Geiseler |
author_facet |
Charikleia Karakosta Zoi Mylona Jiří Karásek Aikaterini Papapostolou Estella Geiseler |
author_sort |
Charikleia Karakosta |
title |
Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
title_short |
Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
title_full |
Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
title_fullStr |
Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
title_full_unstemmed |
Tackling covid-19 crisis through energy efficiency investments: Decision support tools for economic recovery |
title_sort |
tackling covid-19 crisis through energy efficiency investments: decision support tools for economic recovery |
publisher |
Elsevier |
publishDate |
2021 |
url |
https://doaj.org/article/507e4deddb29472d8d44e116a4335eea |
work_keys_str_mv |
AT charikleiakarakosta tacklingcovid19crisisthroughenergyefficiencyinvestmentsdecisionsupporttoolsforeconomicrecovery AT zoimylona tacklingcovid19crisisthroughenergyefficiencyinvestmentsdecisionsupporttoolsforeconomicrecovery AT jirikarasek tacklingcovid19crisisthroughenergyefficiencyinvestmentsdecisionsupporttoolsforeconomicrecovery AT aikaterinipapapostolou tacklingcovid19crisisthroughenergyefficiencyinvestmentsdecisionsupporttoolsforeconomicrecovery AT estellageiseler tacklingcovid19crisisthroughenergyefficiencyinvestmentsdecisionsupporttoolsforeconomicrecovery |
_version_ |
1718419595837046784 |