Assessing industrial energy conservation by unit processes

Doan L. Phung and Willem Van Gool

Energy, 1981, vol. 6, issue 5, 419-440

Abstract: This paper develops a methodological framework called cost-energy dynamics (CED) for assessing industrial energy conservation potential and cost. CED combines profitability and process analyses, looks at industrial energy consumption as consisting of end-use unit operations, links public and private decisions by internalizing the tax rate, and judges energy conservation measures in a continuous spectrum of cost effectiveness. CED provides a basis for estimating the price elasticity of energy demands, for quantifying the effectiveness of government measures, and for estimating the costs if the U.S. manufacturing industry is to save an additional 20% of energy per unit output between 1980 and 2000.

Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:6:y:1981:i:5:p:419-440

DOI: 10.1016/0360-5442(81)90005-0

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