International and sectoral variation in industrial energy prices 1995-2015

This dataset contains sector level energy prices for 12 industrial sectors in 48 countries for the period 1995 to 2015. The prices are constructed as weighted averages of fuel-specific prices by fuel consumption. Two industrial energy price measures have been developed: the Variable Weights Energy Price Level (VEPL) and the Fixed Weights Energy Price Index (FEPI). Original data are provided by the International Energy Agency, as well as other sources. The procedures used to construct the dataset including the methodology developed to reduce missing data-points, are documented in the accompanying paper (link below). We also provide guidelines on how to use the energy price data along with a ready made instrumental variable, as well as a set of stylized facts on major trends and variations, and illustrative applications.