TITLE

ENERGY SAVINGS EFFECT MEASUREMENT OF ENERGY POLICIES FROM 1999 TO 2004 IN JIANGSU PROVINCE

AUTHOR(S)
YUHONG WANG; JIANRONG TANG; XIAOZHONG LI; SIFENG LIU
PUB. DATE
April 2014
SOURCE
Economic Computation & Economic Cybernetics Studies & Research;2014, Vol. 48 Issue 2, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
An improved GM(1,1) model is presented to measure energy savings effect of energy policies from 1999 to 2004 in Jiangsu province. The improved GM(1,1) can take full advantage of new information in sequence of raw data for a small sample size prediction. The predicted energy intensities are derived from the prediction of applying the improved GM(1,1) model. And the energy savings are obtained from the differences of predicted energy consumption and actual energy consumption from 1999 to 2004. From the results we can find that in the beginning of implemented energy policies the energy consumption grows slowly and energy savings effects are obvious. However, the actual energy consumption has exceeded the predicted energy consumption in terms of results in this paper in 2004. This phenomenon represents that the energy policies has reached the best effects and some new energy savings policies should be formulated to keep both economic growth and energy savings sustainable. Our analysis in this paper is consistent with the decision-making of Chinese government. In the end of 2004 the "medium and long term specific schema on energy savings" is formulated and some other energy savings measures have been formulated to achieve the goal in the specific schema from 2004.
ACCESSION #
97017630

 

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