Development of method for estimation of world industrial energy consumption and its application

Shinichiro Fujimori and Yuzuru Matsuoka

Energy Economics, 2011, vol. 33, issue 3, 461-473

Abstract: The energy balances published by the International Energy Agency (IEA) are one of the most valuable sources of energy statistics covering world energy supply and demand. However, some issues arise when these data are analyzed or used directly. Even when industrial energy consumption alone is examined, at least three types of issues are encountered: missing data, large amounts of misallocated data in some countries, and numerous unrealistic outliers in the time-series variations. When we deal with only a few regions, we can look at data one by one and modify them. In this case, we are going to overcome these issues with a systematic method because the data covers world including more than a hundred regions. This paper proposes a data reconciliation method to treat these issues, and describes its application to world industrial energy consumption. As a result of its application, we found that the three issues mentioned above seemed to be overcome. The degree of the reconciliation by region showed that OECD countries' degree tends to be smaller than those of non-OECD countries. However, not all of the OECD countries have low values and some countries, such as the United States, have high values.

Keywords: Energy; balance; Data; reconciliation; Industrial; energy; consumption (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (16)

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