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Erschienen in:
Introduction to Energy Economics Kapitel lesen Erstes Kapitel lesen

2019 | OriginalPaper | Buchkapitel

3. Energy Demand Analysis

verfasst von : Subhes C. Bhattacharyya

Erschienen in: Energy Economics

Verlag: Springer London

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Abstract

This chapter introduces the concept of energy demand using basic micro-economics and presents the three-stage decision-making process of energy demand. It then provides a set of simple indicators (such as price and income elasticities and energy intensity) and discusses the decomposition method and econometric method that can be used to analyse energy demand.

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Vorheriges Kapitel Energy Data and Energy Balance
Nächstes Kapitel Sectoral Energy Demand Analysis
Anhänge
Nur mit Berechtigung zugänglich
Fußnoten
1
This section relies on Bohi (1981), Chap. 2, Estimating the demand for energy: Issues and Methodologies. Similar treatments are also provided in Hartman (1979), Munasinghe and Meier (1993).
 
2
See also Chap. 2 of Bohi (1981), Munasinghe and Meier (1993), and Medlock (2009).
 
3
See Wilson and Dowlatabadi (2007).
 
4
This discussion is based on Chap. 3, Energy Demand and Economic Growth, Measurement and Conceptual Issues in Policy Analysis, by C. M. Siddayao, West View Press (1986).
 
5
Also see ODYSSEE project for energy efficiency indicators in Europe (http://​www.​odyssee-indicators.​org/​).
 
6
This can also be expressed as the ratio of share of energy of a sector i and the total energy used in the economy (i.e. Ei/E). This can be seen from the following relationship: \( \frac{{EI_{i} S_{i} }}{{\sum\limits_{i} {EI_{i} S_{i} } }} = \frac{{\frac{{E_{i} }}{{Q_{i} }}\frac{{Q_{i} }}{Q}}}{{\frac{E}{Q}}} = \frac{{E_{i} }}{E} \).
 
8
Substitute fuel price is not relevant here as the appliance has a specific fuel use capacity. This ignores the dual-fuel capability of the appliance.
 
9
See any econometrics textbook, e.g. Pindyck and Rubinfeld (1998) for further discussions on this subject.
 
10
See any econometrics textbook, e.g. Pindyck and Rubinfeld (1998) for further discussions on this subject.
 
11
Again, this book does not enter into this.
 
12
The data for the pilot project can be found here: http://​www.​ucd.​ie/​issda/​data/​commissionforene​rgyregulationcer​/​ (last accessed on 11th April, 2018).
 
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Metadaten
Titel
Energy Demand Analysis
verfasst von
Subhes C. Bhattacharyya
Copyright-Jahr
2019
Verlag
Springer London
Buch
Energy Economics

Print ISBN: 978-1-4471-7467-7

Electronic ISBN: 978-1-4471-7468-4

Copyright-Jahr: 2019

DOI
https://doi.org/10.1007/978-1-4471-7468-4_3

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