Research Article
Analysis of the Factors Influencing Energy Consumption in the Pearl River Delta Region based on the LMDI Method
@INPROCEEDINGS{10.4108/eai.19-5-2023.2334380, author={Wenjun Qi and Zhoulin Lan}, title={Analysis of the Factors Influencing Energy Consumption in the Pearl River Delta Region based on the LMDI Method}, proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China}, publisher={EAI}, proceedings_a={ICBBEM}, year={2023}, month={7}, keywords={pearl river delta region; energy consumption; lmdi decomposition method; low carbon development}, doi={10.4108/eai.19-5-2023.2334380} }- Wenjun Qi
Zhoulin Lan
Year: 2023
Analysis of the Factors Influencing Energy Consumption in the Pearl River Delta Region based on the LMDI Method
ICBBEM
EAI
DOI: 10.4108/eai.19-5-2023.2334380
Abstract
This paper uses the LMDI decomposition method to investigate the extent to which economic development, industrial level, population size, urbanization, energy intensity, and energy structure affect total energy consumption in the PRD region during the period 2014-2021. The findings show that economic development and population growth are the main factors driving the rise in energy consumption, while industrial level and energy intensity can curb the growth of energy consumption to the maximum extent. Finally, in response to the findings, recommendations are made that the PRD region should continue to improve energy governance, promote green structural transformation of energy, and cultivate residents' energy-saving and environmentally friendly consumption concepts.