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Barriers to industrial energy efficiency investments in Greece
Institution:1. School of Environment and Energy, Peking University Shenzhen Graduate School, Shenzhen, 518055, China;2. Energy Analysis and Environmental Impacts Division, Lawrence Berkeley National Laboratory, Berkeley, CA, 94720, USA;1. School of Economics and Management, Wuhan University, Wuhan 430072, China;2. Center for Energy and Environmental Policy Research, Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China;3. Nicholas School of the Environment, Duke University, Durham 27708, United States;4. College of Economics & Management, Huazhong Agricultural University, Wuhan 430070, China;1. University of Ljubljana, Faculty of Economics, Kardeljeva Pl. 17, 1000 Ljubljana, Slovenia;2. University of Washington, School of Marine and Environmental Affairs, 3707 Brooklyn Avenue NE, Box 355685, Seattle, WA, 98195-5685, USA;1. Division of Energy Systems, Linköping University, Sweden;2. Division of Business Administration, Linköping University, Sweden;1. Politecnico di Milano, Dept. Management, Economics and Industrial Engineering, Piazza Leonardo da Vinci 32, 20133 Milan, Italy;2. Rijksdienst voor Ondernemend Nederland, Croeselaan 15, 3521 BJ Utrecht, The Netherlands;3. Utrecht University, Copernicus Institute of Sustainable Development, Heidelberglaan 2, 3584 CS Utrecht, The Netherlands
Abstract:This paper sets out to investigate the main determinants of industrial decision-making process with respect to energy efficiency investments. Based on a survey among Greek industries, in the empirical analysis probit models are employed. The results support that an energy saving campaign should regard industries as subgroups with different needs and different managerial aspects. The importance of qualified employees is also established from this survey. An energy conservation framework would be more effective if the diffusion of information with regard to industrial energy saving investments is based on investment in human capital.
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