Economic Cycles and the Responsiveness of Natural Gas Demand in China’s Residential Sector
Noha Razek
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
An important question for global gas markets is the extent to which China’s demand for natural gas will grow, particularly in light of the perceived overbuild of liquefied natural gas (LNG) supply capacity. China’s current 13th Five-Year Plan endorses the use of natural gas to reduce coal consumption and achieve a cleaner energy mix. In this paper we examine household natural gas demand, taking account of economic cycles, and provide insights relating to China’s gas supply and demand balances that could have global consequences.
Keywords: Coal; Economic modeling; Coal consumption; Energy demand; Energy mix; infrastructure development; Liquified Natural Gas (LNG); Natural gas; Natural gas demand; Price reforms; Unobserve Components Model (UCM); Urbanization (search for similar items in EconPapers)
Pages: 32 pages
Date: 2018-03
New Economics Papers: this item is included in nep-ene
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https://www.kapsarc.org/research/publications/econ ... -residential-sector/ First version, 2018 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks-2018-dp029
DOI: 10.30573/KS--2018-DP029
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