LMDI decomposition analysis of total electricity consumption growth in Hunan province

In the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decom...

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Main Authors: Hu Bizheng, Liao Jing, Tu Xingwen, Zhou Xiao
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf
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author Hu Bizheng
Liao Jing
Tu Xingwen
Zhou Xiao
author_facet Hu Bizheng
Liao Jing
Tu Xingwen
Zhou Xiao
author_sort Hu Bizheng
collection DOAJ
description In the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decompose the total electricity consumption in Hunan province from 2010 to 2017 from the industrial and residential perspective. The results showed that: integrally, scale effect was the main driving factor of electricity consumption growth, intensity effect was the main inhibiting factor, and structure effect had no obvious influence; there are significant differences between the results of industrial and residential sectors, for the industry, the productive consumption intensity effect was the most significant factor that inhibited the growth of electricity consumption, while all the effects of residential sector were shown as promotion, and the increase of electricity consumption in the residential sector played a key role in the growth rate of electricity consumption in Hunan province.
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spelling doaj.art-e0896550c2dc422dac839a05d188fe5d2022-12-21T22:29:04ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012600200810.1051/e3sconf/202126002008e3sconf_aepee2021_02008LMDI decomposition analysis of total electricity consumption growth in Hunan provinceHu BizhengLiao JingTu Xingwen0Zhou Xiao1Hunan University, School of Economics and TradeHunan University, School of Economics and TradeIn the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decompose the total electricity consumption in Hunan province from 2010 to 2017 from the industrial and residential perspective. The results showed that: integrally, scale effect was the main driving factor of electricity consumption growth, intensity effect was the main inhibiting factor, and structure effect had no obvious influence; there are significant differences between the results of industrial and residential sectors, for the industry, the productive consumption intensity effect was the most significant factor that inhibited the growth of electricity consumption, while all the effects of residential sector were shown as promotion, and the increase of electricity consumption in the residential sector played a key role in the growth rate of electricity consumption in Hunan province.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf
spellingShingle Hu Bizheng
Liao Jing
Tu Xingwen
Zhou Xiao
LMDI decomposition analysis of total electricity consumption growth in Hunan province
E3S Web of Conferences
title LMDI decomposition analysis of total electricity consumption growth in Hunan province
title_full LMDI decomposition analysis of total electricity consumption growth in Hunan province
title_fullStr LMDI decomposition analysis of total electricity consumption growth in Hunan province
title_full_unstemmed LMDI decomposition analysis of total electricity consumption growth in Hunan province
title_short LMDI decomposition analysis of total electricity consumption growth in Hunan province
title_sort lmdi decomposition analysis of total electricity consumption growth in hunan province
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf
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AT liaojing lmdidecompositionanalysisoftotalelectricityconsumptiongrowthinhunanprovince
AT tuxingwen lmdidecompositionanalysisoftotalelectricityconsumptiongrowthinhunanprovince
AT zhouxiao lmdidecompositionanalysisoftotalelectricityconsumptiongrowthinhunanprovince