Understanding and Analysing Energy Demand



This chapter introduces the concept of energy demand using basic micro-economics and presents the three-stage decision making process of energy demand. It then provides a set of simple indicators (such as price and income elasticities and energy intensity) and discusses the decomposition method and econometric method that can be used to analyse energy demand.


Energy Demand Energy Intensity Price Elasticity Demand Curve Indifference Curve 
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Copyright information

© Springer-Verlag London Limited 2011

Authors and Affiliations

  1. 1.Centre for Energy, Petroleum and Mineral Law and PolicyUniversity of DundeeDundeeUK

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