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Article
Publication date: 3 December 2018

Qiuping Wang, Subing Liu and Haixia Yan

Due to high efficiency and low carbon of natural gas, the consumption of natural gas is increasing rapidly, and the prediction of natural gas consumption has become the focus. The…

Abstract

Purpose

Due to high efficiency and low carbon of natural gas, the consumption of natural gas is increasing rapidly, and the prediction of natural gas consumption has become the focus. The purpose of this paper is to employ a prediction technique by combining grey prediction model and trigonometric residual modification for predicting average per capita natural gas consumption of households in China.

Design/methodology/approach

The GM(1,1) model is utilised to obtain the tendency term, then the generalised trigonometric model is used to catch the periodic phenomenon from the residual data of GM(1,1) model for improving predicting accuracy.

Findings

The case verified the view of Xie and Liu: “When the value of a is less, DGM model and GM(1,1) model can substitute each other.” The combination of the GM(1,1) and the trigonometric residual modification technique can observably improve the predicting accuracy of average per capita natural gas consumption of households in China. The mean absolute percentage errors of GM(1,1) model, DGM(1,1), unbiased grey forecasting model, and TGM model in ex post testing stage (from 2013 to 2015) are 32.5510, 33.5985, 36.9980, and 5.2996 per cent, respectively. The TGM model is suitable for the prediction of average per capita natural gas consumption of households in China.

Practical implications

According to the historical data of average per capita natural gas consumption of households in China, the authors construct GM(1,1) model, DGM(1,1) model, unbiased grey forecasting model, and GM(1,1) model with trigonometric residual modification. The accuracy of TGM is the best. TGM helps to improve the accuracy of GM(1,1).

Originality/value

This paper gives a successful practical application of grey model GM(1,1) with the trigonometric residual modification, where the cyclic variations exist in the residual series. The case demonstrates the effectiveness of trigonometric grey prediction model, which is helpful to understand the modeling mechanism of trigonometric grey prediction model.

Details

Grey Systems: Theory and Application, vol. 9 no. 1
Type: Research Article
ISSN: 2043-9377

Keywords

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

Article
Publication date: 6 April 2012

Saeed Moshiri, Farideh Atabi, Mohammad Hassan Panjehshahi and Stefan Lechtenböehmer

Iran as an energy‐rich country faces many challenges in the optimal utilization of its vast resources. High rates of population and economic growth, a generous subsidies program…

1820

Abstract

Purpose

Iran as an energy‐rich country faces many challenges in the optimal utilization of its vast resources. High rates of population and economic growth, a generous subsidies program, and poor resource management have contributed to rapidly growing energy consumption and high energy intensity over the past decades. The continuing trend of rising energy consumption will bring about new challenges as it will shrink oil export revenues, restraining economic activities. This calls for a study to explore alternative scenarios for the utilization of energy resources in Iran. The purpose of this paper is to model demand for energy in Iran and develop two business‐as‐usual and efficiency scenarios for the period 2005‐2030.

Design/methodology/approach

The authors use a techno‐economic or end‐use approach to model energy demand in Iran for different types of energy uses and energy carriers in all sectors of the economy and forecast it under two scenarios: business as usual (BAU) and efficiency.

Findings

Iran has a huge potential for energy savings. Specifically, under the efficiency scenario, Iran will be able to reduce its energy consumption 40 percent by 2030.The energy intensity can also be reduced by about 60 percent to a level lower than the world average today.

Originality/value

The paper presents a comprehensive study that models the Iranian energy demand in different sectors of the economy, using data at different aggregation levels and a techno‐economic end‐use approach to illuminate the future of energy demand under alternative scenarios.

Details

International Journal of Energy Sector Management, vol. 6 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

Article
Publication date: 11 May 2012

Xiaochen Liu and John Sweeney

This paper aims to investigate the relationship between domestic natural gas consumption and climate change in the Greater Dublin Region.

Abstract

Purpose

This paper aims to investigate the relationship between domestic natural gas consumption and climate change in the Greater Dublin Region.

Design/methodology/approach

Based on historical climate and natural gas use data, a linear regression model was derived to estimate the impact of future climate change on natural gas consumption under different climate scenarios.

Findings

Generally, under controlled socioeconomic development, the climate scenarios by Hadley model and the Ensemble GCMs are likely to decrease future natural gas consumption per capita and related CO2 emissions compared to present. These results indicate that climate change has become as one of the most important factors affecting the energy system.

Originality/value

This study contributes understanding of the long‐term impact of climate change on regional domestic natural gas use. It provides the national and local authorities a methodology to anticipate the potential impacts on domestic energy use and enable urban areas to maximise any benefits and minimise any losses from climate change.

Details

International Journal of Climate Change Strategies and Management, vol. 4 no. 2
Type: Research Article
ISSN: 1756-8692

Keywords

Book part
Publication date: 14 August 2023

Fernando Barreiro-Pereira and Touria Abdelkader-Benmesaud-Conde

This chapter tests theoretically and empirically the existence of a stable relationship between energy consumption and CO2 emissions. Based on microeconomics and physics, a model…

Abstract

This chapter tests theoretically and empirically the existence of a stable relationship between energy consumption and CO2 emissions. Based on microeconomics and physics, a model has been specified and applied to annual data for twenty countries, which representing 61 percent of the world’s population in 2018, over the period 1995–2015. The data are from the International Energy Agency (2019) and econometric techniques including panel data and causality tests have been used. The results indicate that there is a causal relationship between energy consumption and CO2 emissions. In general, consumers cannot directly change emissions caused by production processes, but they can act on emissions caused by their own domestic energy consumption. Approximately three quarters of domestic energy consumption is due to heating and domestic hot water consumption. Taking into account the lower emissions and the lower economic cost of the initial investment, four potential energy systems have been selected for use in heating and domestic hot water. Their social returns have been assessed across nine of the twenty countries in the sample over a lifecycle of 25 years from 2018: France, Portugal, Ireland, Spain, Iceland, Germany, United Kingdom, Morocco and the United States. Cost-benefit analysis techniques have been used for this purpose and the results indicate that the use of thermal water, where applicable, is the most socially profitable system among the proposed systems, followed by natural gas. The least socially profitable systems are those using electricity.

Details

International Migration, COVID-19, and Environmental Sustainability
Type: Book
ISBN: 978-1-80262-536-3

Keywords

Abstract

Details

Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

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