Identifying energy inefficient industries vulnerable to trade dependence of energy sources

Identifying energy inefficient industries vulnerable to trade dependence of energy sources Energy Efficiency https://doi.org/10.1007/s12053-018-9638-4 ORIGINAL ARTICLE Identifying energy inefficient industries vulnerable to trade dependence of energy sources Dongsuk Kang & Duk Hee Lee Received: 21 May 2016 /Accepted: 20 February 2018 Springer Science+Business Media B.V., part of Springer Nature 2018, corrected publication [May 2018] Abstract Korea has transformed itself from a developing shocks provided by each of the six energy industries. This country to an Organisation for Economic Co-operation study investigates the propagation of these shocks across and Development member country and a donor for devel- 160 industries. We found that the petroleum, electricity, oping nations. It has ranked among the world’s top 10 and town gas industries are the most influential energy energy-consuming countries. Its industrial sector depends industries in terms of diffusion of trade shocks to other heavily on the utilization of fossil fuels and consumes industries, and the number of propagation steps of energy more than 45% of national energy expenditure. Plausible shocks decreases over time due to the industries’ unim- concerns about industrial energy inefficiency can upset proved energy inefficiency. Therefore, governments need the structural dependence of the whole Korean industry to address this interdependence within energy sectors and on the energy sector. Using Korea’s industrial http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Energy Efficiency Springer Journals

Identifying energy inefficient industries vulnerable to trade dependence of energy sources

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Publisher
Springer Netherlands
Copyright
Copyright © 2018 by Springer Science+Business Media B.V., part of Springer Nature
Subject
Engineering; Energy Economics; Renewable and Green Energy; Environmental Economics; Environment, general; Sustainable Development
ISSN
1570-646X
eISSN
1570-6478
D.O.I.
10.1007/s12053-018-9638-4
Publisher site
See Article on Publisher Site

Abstract

Energy Efficiency https://doi.org/10.1007/s12053-018-9638-4 ORIGINAL ARTICLE Identifying energy inefficient industries vulnerable to trade dependence of energy sources Dongsuk Kang & Duk Hee Lee Received: 21 May 2016 /Accepted: 20 February 2018 Springer Science+Business Media B.V., part of Springer Nature 2018, corrected publication [May 2018] Abstract Korea has transformed itself from a developing shocks provided by each of the six energy industries. This country to an Organisation for Economic Co-operation study investigates the propagation of these shocks across and Development member country and a donor for devel- 160 industries. We found that the petroleum, electricity, oping nations. It has ranked among the world’s top 10 and town gas industries are the most influential energy energy-consuming countries. Its industrial sector depends industries in terms of diffusion of trade shocks to other heavily on the utilization of fossil fuels and consumes industries, and the number of propagation steps of energy more than 45% of national energy expenditure. Plausible shocks decreases over time due to the industries’ unim- concerns about industrial energy inefficiency can upset proved energy inefficiency. Therefore, governments need the structural dependence of the whole Korean industry to address this interdependence within energy sectors and on the energy sector. Using Korea’s industrial

Journal

Energy EfficiencySpringer Journals

Published: Mar 9, 2018

References

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