articleNature EnergyMay 20, 2024HYBRID OA

Estimation of useful-stage energy returns on investment for fossil fuels and implications for renewable energy systems

University of Leeds · Sustainable Energy Systems (United Kingdom) · +3 more institutions

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Abstract

Abstract The net energy implications of the energy transition have so far been analysed at best at the final energy stage. Here we argue that expanding the analysis to the useful stage is crucial. We estimate fossil fuelsʼ useful-stage energy returns on investment (EROIs) over the period 1971–2020, globally and nationally, and disaggregate EROIs by end use. We find that fossil fuelsʼ useful-stage EROIs (~3.5:1) are considerably lower than at the final stage (~8.5:1), due to low final-to-useful efficiencies. Further, we estimate the final-stage EROI for which electricity-yielding renewable energy would deliver the same net useful energy as fossil fuels (EROI equivalent) to be approximately 4.6:1. The EROIs of…

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111
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Authors

6

Topics & keywords

Keywords
  • Renewable energy
  • Fossil fuel
  • Stage (stratigraphy)
  • Investment (military)
  • Energy (signal processing)
  • Environmental science
  • Natural resource economics
  • Economics
UN Sustainable Development Goals
  • Affordable and clean energy
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