Industrial Electricity Consumption in the UK: past determinants and future prospects

MacKerron, Gordon and Thomas, S (1982) Industrial Electricity Consumption in the UK: past determinants and future prospects. Energy Policy, 10 (4). pp. 275-294. ISSN 0301-4215

Full text not available from this repository.

Abstract

The determinants of industrial electricity demand are examined and it is found that more than 40% of demand growth in the period 1959¿1980 was caused by factors either unrelated or only indirectly related to growth in industrial output. Factors such as adjustments in industrial structure, technical change and the decline in self-generation of electricity were all important contributors to demand growth. Together with the methodological problems of using price as an explanatory variable, this suggests that those econometric approaches to demand forecasting for industrial electricity which rely solely on projections of industrial output and price are seriously defective. Output level and price are important in future demand, but current methods are not appropriate to capture their effect and more detailed sectoral work is required, which should take into account structural and technical change and developments in self-generation.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Depositing User: Gordon MacKerron
Date Deposited: 06 Feb 2012 21:00
Last Modified: 04 Apr 2012 13:16
URI: http://sro.sussex.ac.uk/id/eprint/29094
📧 Request an update