Using Logarithmic Mean Divisia Index method (LMDI) to estimate drivers to final energy consumption and emissions in ASEAN

Hydropower (HP) in Europe is playing an increasingly important role. Its share in final energy consumption varies from country to country, which is associated with different challenges for each of them. This article presents the challenges of HP development in three countries with a diversified domestic share, i.e., Albania (100% share in 2019), Slovenia (25.7%) and Estonia (0.3%). Particular attention was paid to issues of rational management of water resources in conjunction with the objectives of nature protection and European energy policy. As a result of the analysis, the following challenges in the development of HP were identified: the need to modernize the current HP network, conflicts related to the implementation of HP projects in naturally valuable areas, dependence on external electricity supply due to adverse environmental conditions, problems with the diversification of energy sources and lack of cooperation between environments representing different interests. The countries described have different local specificities; therefore, the challenges in the development of HP are different in each of them. The key to solving them is especially mutual cooperation between various environments, integration of energy markets and diversification of used energy sources, with an indication of renewable energy sources (RES). This will enable harmonious development of each country. Furthermore, it cannot be clearly determined whether the assumed objectives of EU energy policy will be achieved. Achieving these goals is possible because the share of RES in final energy consumption in the countries described is growing.

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DAMPAK PEMBANGUNAN EKONOMI, PENGELUARAN RUMAH TANGGA, DAN KETERBUKAAN PERDAGANGAN TERHADAP KONSUMSI ENERGI FINAL DI INDONESIA

Jurnal Ecoment Global ◽

10.35908/jeg.v4i2.751 ◽

2019 ◽

Vol 4 (2) ◽

pp. 1

Author(s):

Bambang Priyo Cahyono ◽

Yusro Hakimah

Keyword(s):

Energy Consumption ◽

Trade Openness ◽

Value Added ◽

Short Term ◽

Final Consumption ◽

Final Energy ◽

Distributed Lag ◽

Autoregressive Distributed Lag ◽

Final Energy Consumption

This study investigates the impact of economic growth on three main development sectors, household final consumption expenditure, and trade openness towards the growth of final energy consumption in Indonesia using annual data for the period 1972-2016. We applied autoregressive distributed lag (ARDL) procedures which consist of stationarity test, cointegration test, as well as estimation the short-term and long-term relationships. The cointegration test revealed existence cointegration<br />relationship among the variables in the model. In the short-term and long-term model, our results indicated that the growth of value-added in agriculture sector and industry sector, household final consumption expenditures, and trade openness in the short-term and long-term have a significant effect toward final energy consumption in Indonesia, while the growth of value-added in the service sector only given a short-term effect toward final energy consumption in Indonesia. Based on these<br />results, it can be concluded that sustainable economic development in Indonesia needs to be accompanied by the development of new and renewable energy in order to fulfil domestic energy supply which is predicted to continue to increase rapidly in the future.<br />Keyword : final energi consumption, economic development, household final consumption expenditure, trade openness, autoregressive distributed lag modeling<br />JEL Classification : D1, E21, F14, O13, Q43.

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Energy Consumption in Tunisia over 1990–2008: A Decomposition Analysis Using Logarithmic Mean Divisia Index Technique

Energy Security and Development ◽

10.1007/978-81-322-2065-7_9 ◽

2015 ◽

pp. 147-161

Author(s):

Sana Essaber Jouini

Keyword(s):

Energy Consumption ◽

Decomposition Analysis ◽

Logarithmic Mean ◽

Divisia Index

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Comparison of past projections of global and regional primary and final energy consumption with historical data

Renewable and Sustainable Energy Reviews ◽

10.1016/j.rser.2017.09.073 ◽

2018 ◽

Vol 82 ◽

pp. 681-688 ◽

Cited By ~ 10

Author(s):

Luisa F. Cabeza ◽

Anabel Palacios ◽

Susana Serrano ◽

Diana Ürge-Vorsatz ◽

Camila Barreneche

Keyword(s):

Energy Consumption ◽

Historical Data ◽

Final Energy ◽

Final Energy Consumption

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Outsourcing or efficiency? Investigating the decline in final energy consumption in the UK productive sectors

Energy Procedia ◽

10.1016/j.egypro.2017.12.175 ◽

2017 ◽

Vol 142 ◽

pp. 2409-2414 ◽

Cited By ~ 2

Author(s):

Lukas Hardt ◽

John Barrett ◽

Paul Brockway ◽

Timothy J. Foxon ◽

Matthew K. Heun ◽

...

Keyword(s):

Energy Consumption ◽

Or Efficiency ◽

Final Energy ◽

Final Energy Consumption ◽

The Uk

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The Relationship of Causal Factors Affecting the Future Equilibrium Change of Total Final Energy Consumption in Thailand’s Construction Sector under a Sustainable Development Goal: Enriching the SE-VARX Model

Resources ◽

10.3390/resources8010001 ◽

2018 ◽

Vol 8 (1) ◽

pp. 1

Author(s):

Jindamas Sutthichaimethee ◽

Kuskana Kubaha

Keyword(s):

Sustainable Development ◽

Energy Consumption ◽

Construction Sector ◽

Exogenous Variables ◽

Causal Factors ◽

Final Energy ◽

Real Gdp ◽

The Future ◽

Final Energy Consumption ◽

The Relationship

This study aims to analyze the influence of the relationship between causal factors that affect the future equilibrium of the total final energy consumption in the construction sector of Thailand under the sustainable development policy for the period of 10 years (2019–2028). This analysis was achieved with the application of the Structure Equilibrium-Vector Autoregressive with Exogenous Variables model (SE-VARX model). This model was developed to fill research gaps and differs from those of previous studies. In the selection of variables, the study focused on Sustainable Development (SD)-based variables available through the lens of Thailand. The exogenous variables included real GDP, population growth, urbanization rate, industrial structure, oil price, foreign direct investment, international tourist arrivals, and total exports and imports. Every variable had a co-integration at level (1) and was used to structure the SE-VARX model. This particular model can effectively analyze the influence of the direct relationship and meet the criteria of goodness of fit without spuriousness. This SE-VARX model allowed us to discover that every variable in the model had an influence on the equilibrium change, where the real GDP is the fastest variable to adjust to the equilibrium while the total final energy consumption has the slowest adjustment ability. The SE-VARX model can be used to project the total final energy consumption, as verified by the performance test result. The test was measured based on the Mean Absolute Percentage Error (MAPE) and Root Mean Square Error (RMSE), and their results were 1.09% and 1.01%, respectively. This performance result had the highest value compared to other models in the past. Thus, the SE-VARX model is suitable for forecasting over the next 10 years (2019–2038). The results of this study reveal that the total final energy consumption in the construction sector of Thailand will exhibit a continuously increasing growth rate from 2019 to 2028, amounting to about 144.29% or equivalent to 364.01 ktoe. In addition, the study also found that future government plans may be difficult to achieve as planned. Therefore, the introduced model should be integrated into national development planning and strategies to achieve sustainable development in the future and to enable its application to other sectors.

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