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Decomposition Analysis of Energy Consumption in Thailand, 1990-2020

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  • Atit Tippichai

    (Department of Architecture and Planning, School of Architecture, Art and Design, King Mongkut s Institute of Technology Ladkrabang, Bangkok, Thailand.)

Abstract

Thailand is a net energy importer that has steadily increased the demand for energy over the past several decades. But there has not been a systematic analysis of the energy demand change factors. Therefore, a decomposition analysis was applied to determine the major factor causing the change in energy use during the years 1990-2020. The analysis covered a regional financial crisis known in Thailand as the Tom Yum Kung crisis in 1997-1998 and a global pandemic COVID-19 in 2020 onwards. The analysis results showed that the value-added of economic sectors is the most important factor with requiring more energy, while energy intensity is the second most important factor in reducing energy consumption. Therefore, increasing the value-added of productions and enhancing the energy efficiency more stringent will lead to a decoupling of energy consumption against GDP and a sooner peak demand of energy in Thailand.

Suggested Citation

  • Atit Tippichai, 2022. "Decomposition Analysis of Energy Consumption in Thailand, 1990-2020," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 10-14, July.
    • Handle: RePEc:eco:journ2:2022-04-2
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    References listed on IDEAS

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    More about this item

    Keywords

    decomposition analysis; energy consumption; economic structure; value-added; energy intensity; Thailand;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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