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Assessing industrial energy conservation by unit processes

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  • Phung, Doan L.
  • Van Gool, Willem

Abstract

This paper develops a methodological framework called cost-energy dynamics (CED) for assessing industrial energy conservation potential and cost. CED combines profitability and process analyses, looks at industrial energy consumption as consisting of end-use unit operations, links public and private decisions by internalizing the tax rate, and judges energy conservation measures in a continuous spectrum of cost effectiveness. CED provides a basis for estimating the price elasticity of energy demands, for quantifying the effectiveness of government measures, and for estimating the costs if the U.S. manufacturing industry is to save an additional 20% of energy per unit output between 1980 and 2000.

Suggested Citation

  • Phung, Doan L. & Van Gool, Willem, 1981. "Assessing industrial energy conservation by unit processes," Energy, Elsevier, vol. 6(5), pages 419-440.
    • Handle: RePEc:eee:energy:v:6:y:1981:i:5:p:419-440
    DOI: 10.1016/0360-5442(81)90005-0
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