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Application of diffusion models to forecast industrial energy demand

✍ Scribed by Skiadas, C. H. ;Papagiannakis, L. ;Mourelatos, A.


Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
238 KB
Volume
13
Category
Article
ISSN
8755-0024

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✦ Synopsis


Energy-efficient technologies were first used by a few large industrial units, but as energy prices have increased the population of potential adopters has expanded. The paper tries to analyse industrial energy demand in Greece in the period 1978-1991. Energy consumption of energy-intensive and non-energy-intensive industries is examined and the parameters influencing its change are considered. Price-adjusted diffusion models are used to explain the series of energy intensity. The results of the models are useful for formulating energy policy for promoting energy-saving technologies in Greek industry.


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