Industrial Electrification and Efficiency: Decomposition Evidence from the Korean Industrial Sector
Abstract
:1. Introduction
2. Literature Survey
3. Materials and Methods
3.1. Data Description
3.2. LMDI Model
4. Empirical Results
4.1. Aggregate Industrial Electricity Decomposition
4.2. Electricity Consumption Decomposition by Sector
5. Conclusion and Policy Implications
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Appendix A
References
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Subsector | Electricity Consumption (GWh) | Value-Added (Billion KRW) | Electricity Consumption Share * (%) | |||
---|---|---|---|---|---|---|
2000 | 2018 | 2000 | 2018 | 2000 | 2018 | |
Food and tobacco | 6149 | 11,950 | 16,094 | 21,388 | 33.1 | 53.8 |
Textile and leather | 15,497 | 10,835 | 15,669 | 15,066 | 39.1 | 75.3 |
Wood and pulp | 9980 | 11,512 | 10,591 | 13,679 | 38.6 | 73.8 |
Petrochemical | 26,899 | 62,316 | 38,431 | 76,428 | 37.3 | 36.5 |
Non-metallic | 8981 | 12,147 | 8078 | 13,888 | 13.9 | 24.4 |
Basic metal | 19,997 | 34,852 | 20,223 | 28,026 | 10.4 | 10.4 |
Non-ferrous metal | 3755 | 10,018 | 19,219 | 34,440 | 52.4 | 52.3 |
Fabricated metal | 32,997 | 106,666 | 78,474 | 253,414 | 55.6 | 80.3 |
Other manufacturing | 1697 | 4803 | 5876 | 10,763 | 2.4 | 15.3 |
Agriculture/ forestry/fishing | 5306 | 17,126 | 27,070 | 32,540 | 11.2 | 54.4 |
Mining and quarrying | 1003 | 1478 | 3370 | 2031 | 60.6 | 70.0 |
Year | Growth | Production Effect | Structure Effect | Intensity Effect | Intensity Effect | |
---|---|---|---|---|---|---|
Electrification Effect | Efficiency Effect | |||||
2001 | 3814 | 2820 | 964 | 30 | 5322 | −5292 |
2002 | 9355 | 11,253 | 680 | −2578 | 2666 | −5244 |
2003 | 6408 | 4270 | −1846 | 3983 | 6623 | −2640 |
2004 | 8586 | 13,494 | −2227 | −2680 | 7102 | −9783 |
2005 | 9154 | 7798 | −2051 | 3406 | 7643 | −4237 |
2006 | 8476 | 11,692 | −2142 | −1073 | 5414 | −6487 |
2007 | 12,518 | 14,666 | −1929 | −219 | 6576 | −6796 |
2008 | 9048 | 6618 | −1651 | 4082 | −318 | 4399 |
2009 | 3363 | −4545 | 1295 | 6614 | 7348 | −734 |
2010 | 27,462 | 25,305 | 232 | 1924 | −533 | 2457 |
2011 | 20,556 | 10,617 | −1645 | 11,584 | 2478 | 9106 |
2012 | 7486 | 4286 | −2506 | 5706 | 9015 | −3308 |
2013 | 8322 | 8761 | −183 | −257 | −817 | 560 |
2014 | 8399 | 8631 | −365 | 133 | 3923 | −3790 |
2015 | 1097 | 4098 | −168 | −2833 | 12,758 | −15,591 |
2016 | 4690 | 4456 | −468 | 702 | −3298 | 4000 |
2017 | 7231 | 10,678 | −288 | −3158 | 4289 | −7447 |
2018 | 7597 | 9186 | −1041 | −549 | −14,730 | 14,182 |
Total | 163,560 | 154,084 | −15,340 | 24,817 | 61,460 | −36,643 |
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Park, J.; Jin, T.; Lee, S.; Woo, J. Industrial Electrification and Efficiency: Decomposition Evidence from the Korean Industrial Sector. Energies 2021, 14, 5120. https://doi.org/10.3390/en14165120
Park J, Jin T, Lee S, Woo J. Industrial Electrification and Efficiency: Decomposition Evidence from the Korean Industrial Sector. Energies. 2021; 14(16):5120. https://doi.org/10.3390/en14165120
Chicago/Turabian StylePark, Jiyong, Taeyoung Jin, Sungin Lee, and Jongroul Woo. 2021. "Industrial Electrification and Efficiency: Decomposition Evidence from the Korean Industrial Sector" Energies 14, no. 16: 5120. https://doi.org/10.3390/en14165120