Analyzing the Changes in Energy Oil Consumption Using 7 Major Decomposition Methods

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2008 Vol.45, Issue 2 Next Page

Analyzing the Changes in Energy Oil Consumption Using 7 Major Decomposition Methods 주요 분해분석 방법론을 이용한 에너지유 소비 변화 분석: 김화영, 김지효
Hwa-Young Sin (Kim) and Jihyo Kim

30 April 2008. pp. 91-100

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Abstract

This study analyzed what factors most affected the changes in South Korean industries\\\' energy oil consumption rate and determined the most applicable decomposition methodology. LMDI I, LMDI II, AMDI, Laspeyres, Paasche, Fisher, and Marshall-Edgeworth analysis methods were tested for the study. Multiplicative method, based on the energy intensity approach, was also tested. The results between the different analytic methods showed only minor differences and these differences did not have any significant effect on the interpretation of the results. The analysis showed that the energy intensity and the structural changes in the industries are the factors that most affected the energy oil consumption rate change in the South Korean industries. The only exception was during the International Monetary Fund (IMF) crisis period – these factors only had minute affect. Among all the South Korean industries, the manufacturing industry has the most influence in the energy oil consumption rate. The decomposition analysis of the entire South Korean industries reflect that since 1997 the energy oil consumption rate for the manufacturing industry decreased due to diversification in energy source and increase in energy efficiency while the production rate for the industry increased.

Keywords

Index decomposition

Energy decomposition

Energy intensity

Energy oil consumption

Overall industrial sector

국내 총 산업부문의 에너지유 사용량에 영향을 미치는 요인을 파악하고, 여러 분해분석 방법론의 적용성을 비교하기 위해 에너지 분해분석을 수행하였다. 연구에 사용된 분석 방법은 LMDI I, II 및 AMDI 방법과 Laspeyres, Paasche, Fisher 및 Marshall-Edgeworth 방법이며, 에너지 집약도 접근법에 의한 multiplicative 방법을 적용하였다. 방법론의 선택이 결과에 큰 영향을 미치지 않으며, 분석 결과 국내 총 산업부분의 에너지유 사용량 변화에 영향을 미치는 요인은 에너지집약도인 반면 구조변화는 외환위기를 제외하고는 그 영향이 미미하다. 세부 부문별로 제조업 부문의 영향이 절대적이며, 1997년 이후 에너지원 다변화 및 에너지 효율개선에 의해 제조업의 에너지유 사용이 감소된 반면 생산은 증가하였던 것이 총 산업부문의 에너지 분해분석 결과에 그대로 반영되었다.

키워드

지수분해분석

에너지분해분석

에너지 집약도

에너지유 소비량

총 산업부문

References

최기홍, 2001, “경제학적 지수이론에 의한 디비지아적분지 수의 재해석,” 계량경제학보, 제15권 제1호, pp. 85-104.
Ang, B.W. and Lee, S.Y., 1994, “Decomposition of industrial energy consumption: Some methodological and application issues,” Energy Economics, Vol. 16, No. 2, pp. 83-92.
Ang, B.W., 1994, “Decomposition of industrial energy consumption,” Energy Economics, Vol. 16, No. 3, pp. 163-174.
Ang, B.W., 1995, “Decomposition methodology in industrial energy demand analysis,” Energy, Vol. 20, No. 11, pp. 1081-1095.
Ang, B.W. and Choi, K.H., 1997, “Decomposition of aggregate energy and gas emission intensities for industry: a refined Divisia index method,” Energy Journal, Vol. 18, No. 3, pp. 59-73.
Ang, B.W. and Zhang, F.Q., 2000, “A survey of index decomposition analysis in energy and environmental studies,” Energy, Vol. 25, No. 12, pp. 1149-1176.
Ang, B.W. and Liu, F.L., 2001, “A new energy decomposition method: perfect in decomposition and consistent in aggregation,” Energy, Vol. 26, No. 6, pp. 537-548.
Ang, B.W., 2004, “Decomposition analysis for policymaking in energy: which is the preferred method?” Energy Policy, Vol. 32, No. 9, pp. 1131-1139.
Ang, B.W., Liu, F.L. and Chung, H.S., 2004, “A generalized Fisher index approach to energy decomposition analysis,” Energy Economics, Vol. 26, pp. 757-763.
Ang, B.W. and Liu, N., 2007a, “Energy decomposition analysis: IEA model versus other methods,” Energy Policy, Vol. 35, No. 3, pp. 1426-1432.
Ang, B.W. and Liu, N., 2007b, “Handling zero values in the logarithmic mean Divisia index decomposition approach,” Energy Policy, Vol. 35, pp. 238-246.
Boyd, G., McDonald, J.F., Ross, M. and Hanson, D.A., 1987, “Separating the changing composition of US manufacturing production form energy efficiency improvements: a Divisia index approach,” Energy Journal, Vol. 8, No. 2, pp. 77-96.
Doblin, C.P., 1988, “Declining energy intensity in the US manufacturing sector,” Energy Journal, Vol. 9, No. 2, pp. 109-135.
Fisher, I., 1972, The making of index numbers, Boston, MA: Houghton Mifflin.
Greening, L.A., Davis, W.B., Schipper, L. and Khrushch, M., 1997, “Comparison of six decomposition methods: application to aggregate energy intensity for manufacturing in 10 OECD countries,” Energy Economics, Vol. 19, pp. 375-390
Greening, L.A., Boyd, G. and Roop, J.M., 2007, “Modeling of industrial energy consumption: An introduction and context,” Energy Economics, Vol. 29, No. 4, pp. 599-608.
Hoekstra, R. and Bergha, J.J.C.J.M.v.d., 2003, “Comparing structural and index decomposition analysis,” Energy Economics, Vol. 25, pp. 39-64.
Hirst, E., Marlay, R., Greene, D. and Barnes, R., 1983, “Recent changes in US energy consumption: what happened and why,” Annual Review of Energy, Vol. 8, pp. 193-245.
Liu, F.L. and Ang, B.W., 2003, “Eight methods for decomposing the aggregate energy-intensity of industry,” Applied Energy, Vol. 76, No. 1-3, pp. 15-23.
Sun, J. W. and Ang, B.W., 2000, “Some properties of an exact energy decomposition model,” Energy, Vol. 25, pp. 1177-1188.

Information

Publisher :The Korean Society of Mineral and Energy Resources Engineers
Publisher(Ko) :한국자원공학회
Journal Title :Journal of the Korean Society for Geosystem Engineering
Journal Title(Ko) :한국지구시스템공학회지
Volume : 45
No :2
Pages :91-100

[1] 최기홍, 2001, “경제학적 지수이론에 의한 디비지아적분지 수의 재해석,” 계량경제학보, 제15권 제1호, pp. 85-104.

[2] Ang, B.W. and Lee, S.Y., 1994, “Decomposition of industrial energy consumption: Some methodological and application issues,” Energy Economics, Vol. 16, No. 2, pp. 83-92.

[3] Ang, B.W., 1994, “Decomposition of industrial energy consumption,” Energy Economics, Vol. 16, No. 3, pp. 163-174.

[4] Ang, B.W., 1995, “Decomposition methodology in industrial energy demand analysis,” Energy, Vol. 20, No. 11, pp. 1081-1095.

[5] Ang, B.W. and Choi, K.H., 1997, “Decomposition of aggregate energy and gas emission intensities for industry: a refined Divisia index method,” Energy Journal, Vol. 18, No. 3, pp. 59-73.

[6] Ang, B.W. and Zhang, F.Q., 2000, “A survey of index decomposition analysis in energy and environmental studies,” Energy, Vol. 25, No. 12, pp. 1149-1176.

[7] Ang, B.W. and Liu, F.L., 2001, “A new energy decomposition method: perfect in decomposition and consistent in aggregation,” Energy, Vol. 26, No. 6, pp. 537-548.

[8] Ang, B.W., 2004, “Decomposition analysis for policymaking in energy: which is the preferred method?” Energy Policy, Vol. 32, No. 9, pp. 1131-1139.

[9] Ang, B.W., Liu, F.L. and Chung, H.S., 2004, “A generalized Fisher index approach to energy decomposition analysis,” Energy Economics, Vol. 26, pp. 757-763.

[10] Ang, B.W. and Liu, N., 2007a, “Energy decomposition analysis: IEA model versus other methods,” Energy Policy, Vol. 35, No. 3, pp. 1426-1432.

[11] Ang, B.W. and Liu, N., 2007b, “Handling zero values in the logarithmic mean Divisia index decomposition approach,” Energy Policy, Vol. 35, pp. 238-246.

[12] Boyd, G., McDonald, J.F., Ross, M. and Hanson, D.A., 1987, “Separating the changing composition of US manufacturing production form energy efficiency improvements: a Divisia index approach,” Energy Journal, Vol. 8, No. 2, pp. 77-96.

[13] Doblin, C.P., 1988, “Declining energy intensity in the US manufacturing sector,” Energy Journal, Vol. 9, No. 2, pp. 109-135.

[14] Fisher, I., 1972, The making of index numbers, Boston, MA: Houghton Mifflin.

[15] Greening, L.A., Davis, W.B., Schipper, L. and Khrushch, M., 1997, “Comparison of six decomposition methods: application to aggregate energy intensity for manufacturing in 10 OECD countries,” Energy Economics, Vol. 19, pp. 375-390

[16] Greening, L.A., Boyd, G. and Roop, J.M., 2007, “Modeling of industrial energy consumption: An introduction and context,” Energy Economics, Vol. 29, No. 4, pp. 599-608.

[17] Hoekstra, R. and Bergha, J.J.C.J.M.v.d., 2003, “Comparing structural and index decomposition analysis,” Energy Economics, Vol. 25, pp. 39-64.

[18] Hirst, E., Marlay, R., Greene, D. and Barnes, R., 1983, “Recent changes in US energy consumption: what happened and why,” Annual Review of Energy, Vol. 8, pp. 193-245.

[19] Liu, F.L. and Ang, B.W., 2003, “Eight methods for decomposing the aggregate energy-intensity of industry,” Applied Energy, Vol. 76, No. 1-3, pp. 15-23.

[20] Sun, J. W. and Ang, B.W., 2000, “Some properties of an exact energy decomposition model,” Energy, Vol. 25, pp. 1177-1188.

Journal of the Korean Society of Mineral and Energy Resources Engineers ISSN:2288-0291(Print) 2288-2790(Online) 한국자원공학회지

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