Towards Industrial Energy Efficiency Index

Abstract

The study analyses factors that determine industrial energy efficiency. Composite index methodology was applied to evaluate energy utilization efficiency levels across different industrial sub-sectors. In total 12 indicators were incorporated in 3 main dimensions – economic, technical, and environmental. The first results for dimension sub-indices of the 18 main manufacturing sub-sectors in Latvia were presented and discussed. The findings of the study indicated that sector-specific disparities exist that significantly impact the energy efficiency performance of each industrial sub-sector.

Keywords

• composite index
• dimensions
• energy efficiency
• performance indicators
• sub-sectoral comparison