Energy Efficiency and Industrial Output: The Case of the Iron and Steel Industry

31 Pages Posted: 26 Nov 2013

See all articles by Florens Flues

Florens Flues

Organization for Economic Co-Operation and Development (OECD)

Dirk T. G. Rübbelke

Technische Universität Bergakademie Freiberg

Stefan Vögele

IEF-STE

Multiple version iconThere are 2 versions of this paper

Date Written: November 15, 2013

Abstract

The iron and steel industry is one of the most carbon emitting and energy consuming sectors in Europe. At the same time this sector is of high economic importance for the European Union. Therefore, while public environmental and energy policies target this sector, there is political concern that it suffers too much from these policy measures. Various actors fear a policy-induced decline in steel production, and possibly an international reallocation of production plants. This study analyzes the role that input prices and public policies may play in attaining an environmentally more sustainable steel production and how this - in turn - affect total steel output. As we find out for examples of major European steel producing countries, a kind of rebound effect of energy-efficiency improvements in steel production on total steel output may arise.

Keywords: energy efficiency, iron and steel industry, environmental protection, rebound effect

JEL Classification: L51, L61, Q43, Q50

Suggested Citation

Flues, Florens and Rübbelke, Dirk T. G. and Vögele, Stefan, Energy Efficiency and Industrial Output: The Case of the Iron and Steel Industry (November 15, 2013). ZEW - Centre for European Economic Research Discussion Paper No. 13-101. Available at SSRN: https://ssrn.com/abstract=2359390 or http://dx.doi.org/10.2139/ssrn.2359390

Florens Flues (Contact Author)

Organization for Economic Co-Operation and Development (OECD) ( email )

2 rue Andre Pascal
Paris Cedex 16, 75775
France

Dirk T. G. Rübbelke

Technische Universität Bergakademie Freiberg ( email )

Freiberg, 09599
Germany

Stefan Vögele

IEF-STE ( email )

Jülich, 52425
Germany

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