MyJournals Home  

RSS FeedsSustainability, Vol. 11, Pages 99: Analyzing and Forecasting Energy Consumption in China`s Manufacturing Industry and Its Subindustries (Sustainability)


29 december 2018 00:00:16

Sustainability, Vol. 11, Pages 99: Analyzing and Forecasting Energy Consumption in China`s Manufacturing Industry and Its Subindustries (Sustainability)

In the context of new industrialization, the energy problem being experienced by the manufacturing industry has aroused social concerns. This paper focuses on the energy use of 27 subindustries in China’s manufacturing industry and it develops an energy consumption index for 1994–2015. Subsequently, the method of grey relational analysis is used, with the full period divided according to years in which change points occur. The empirical analysis indicates that the energy consumption indexes generally exhibit a declining trend. Using the grey model (GM (1,1)) to forecast the index indicates a continued downward trend up to 2025 for energy-intensive industries, which is a more optimistic scenario than the trend forecast for the whole manufacturing sector. Thus, these energy-intensive industries do not drag down the performance of the whole manufacturing industry in regard to energy intensity. In future, more attention should be paid to energy-saving efforts by nontraditional high-energy-consuming industries. Although the results show that energy efficiency is improving in China, total annual consumption is rising rapidly. Therefore, the industry needs to continue to strengthen independent innovation and improve the efficiency of new energy use. The Chinese government should formulate feasible long-term plans to encourage enterprises to save energy. Digg Facebook Google StumbleUpon Twitter
17 viewsCategory: Ecology
Sustainability, Vol. 11, Pages 100: A Model for External Walls Selection in Hot and Humid Climates (Sustainability)
Sustainability, Vol. 11, Pages 98: Defining Deforestation Patterns Using Satellite Images from 2000 and 2017: Assessment of Forest Management in Miombo Forests--A Case Study of Huambo Province in Angola (Sustainability)
blog comments powered by Disqus
The latest issues of all your favorite science journals on one page


Register | Retrieve



Use these buttons to bookmark us: Digg Facebook Google StumbleUpon Twitter

Valid HTML 4.01 Transitional
Copyright © 2008 - 2019 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures News Tweets Travel Photos Nachrichten Indigonet Finances Leer Mandarijn