External Publications
Date: 17/9/2019

Competence analysis for promoting energy efficiency projects in developing countries: The case of OPEC

Sepehr Marzi (Euro-Mediterranean Center on Climate Change, Ca' Foscari University); Luca Farnia (Fondazione Eni Enrico Mattei); Shouro Dasgupta (Euro-Mediterranean Center on Climate Change, Ca' Foscari University, RFF-CMCC European Institute on Economics and the Environment); Jaroslav Mysiak (Euro-Mediterranean Center on Climate Change, Ca' Foscari University); Arturo Lorenzoni (University of Padova)
Type: Journal
Published in: Energy, Volume 189, 15 December 2019, 115996


Enhancing energy efficiency is an important goal of climate change mitigation policies. Promoting energy efficiency projects in developing countries has faced several barriers, preventing optimal investments. One of the main barriers has been the lack of internationally recognized indices to compare projects across countries. In this era of global political turbulence and a looming trade-war that will likely lead to unjustified tariffs, it is critical to provide publicly available robust indices for investors. We construct the Energy Efficiency Country Attractiveness Index to evaluate countries' competitiveness in terms of energy efficiency potentials and related investment risks to aid investment decision-making in the oil and gas sector. Our index includes 30 indicators congregated in four pillars covering political, economic, social and technological factors, combined by means of Fuzzy measures and Choquet integral according to the preferences of a panel of experts. Although experts consider the economic and technological factors as the most important elements affecting investment in the energy related projects and they are moderately tolerant following disjunctive behaviour in dealing with the political, economic, social, and technological criteria, squared correlation analysis shows that, at least for OPEC countries, the political pillar is the crucial one in shaping the composite index.

Competence analysis for promoting energy efficiency projects in developing countries: The case of OPEC

FEEM Newsletter & Update

Subscribe to stay connected.

Your data will be processed by FEEM - Eni Enrico Mattei Foundation - Data Controller - to receive the Foundation's Newsletter & Update via e-mail. To send the requested information, the Data Controller uses e-mail sending service providers established in the U.S.A .: for this, your consent to the transfer of your email address to the U.S.A. is required, without which it will not be possible to comply with your request. We invite you to consult the complete information to obtain detailed information to protect your rights.