Peña Vidondo, Sofía
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Peña Vidondo
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Sofía
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Gestión de Empresas
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Publication Open Access Three essays on the economic analysis of energy efficiency(2017) Peña Vidondo, Sofía; Arocena Garro, Pablo; Gómez Gómez-Plana, Antonio; Gestión de Empresas; Enpresen KudeaketaThe thesis is structured in three independent essays, with the energy intensity and energy efficiency as a common thread. Each paper aims to contribute to the academic literature. However they also aim to contribute to the current energy policy and economic debate. The analysis has managerial implications and are allpolicy relevant. Chapter 1 focuses on the analysis of the energy intensity change. We have applied the proposed decomposition to the analysis of the evolution of energy intensity in Spanish manufacturing over the period 1999-2007 by using regional and industry leve! data. Broadly, our findings confirm that the technical progress, the change in the input mix and the improvement in the leve! of technical energy efficiency are the factors that have contributed to reduce the energy intensity in most manufacturing industries throughout the analyzed period. By contrast, the increase in the scale of operations and the change in the regional distribution of production have acted as energy intensity increasing forces within most industries. Chapter 2 focuses on the analysis of energy costs and business competitiveness. In this paper,we conduct an energy cost-based benchmarking exercise at firm level. We apply and extend the cost frontier approach based on the Konüs framework proposed by Grifell and Lovell (2015), to the interfirm comparison of energy costs. Basically, we decampase the energy cost gap between two firms,the gap being the difference between the energy cost of a benchmarking producer and the energy cost of a target firm in the sample. Chapter 3 focuses on the consequences that an improvement of the energy productivity has for the Spanish economy. To that effect, we formulate a computable general equilibrium (CGE} model to study the economy-wide effects of an increase of energy efficiency in the Spanish economy. Our model describes an open economy, disaggregated into 27 production sectors. The simulations consist in improving the productivity of energy-related inputs. Specifically, it is simulated a reduction of the use of 4 energy intermediate inputs (electricity, gas, oil refining and coal) by unity of output produced. We simulate a number of alternative scenarios and model specifications in order to estimate the rebound effect across sectors and energy types, as well as the impact on economic growth and employment.Publication Open Access A model for the competitive benchmarking of energy costs(Elsevier, 2024) Arocena Garro, Pablo; Gómez Gómez-Plana, Antonio; Peña Vidondo, Sofía; Institute for Advanced Research in Business and Economics - INARBE; Gestión de Empresas; Enpresen Kudeaketa; Universidad Pública de Navarra / Nafaroako Unibertsitate PublikoaBenchmarking is an essential tool for quantifying how a company's energy costs compare with those of competitors and understanding the sources of cost differences, with the ultimate goal of identifying strengths and opportunities for improving performance. The increasing relevance of energy as a factor in competitiveness has heightened interest in managing energy costs. This paper develops an analytical framework for benchmarking the energy cost variance across firms. In this framework, a cost frontier approach allows the decomposition of the observed energy cost gap between two firms, that is, the difference between the unit energy cost of a benchmark producer and the unit energy cost of a target firm. The unit energy cost gap is decomposed into six constituents: (i) energy prices; (ii) non-energy prices; (iii) energy efficiency; (iv) capital intensity; (v) outsourcing level; and (vi) production scale. We illustrate the implementation and usefulness of the proposed model via an empirical application of energy cost benchmarking on a sample of paper manufacturers.Publication Open Access La eficiencia energética, el efecto rebote y el crecimiento económico(Funcas, 2016) Gómez Gómez-Plana, Antonio; Arocena Garro, Pablo; Peña Vidondo, Sofía; Institute for Advanced Research in Business and Economics - INARBEEl trabajo revisa la relación entre la mejora de la eficiencia energética y el efecto rebote, así como el impacto que cabe anticipar sobre el consumo de energía y el crecimiento en la economía española.