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Interfuel substitution and energy consumption in the industrial sector

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  • Kraft, John
  • Kraft, Arthur

Abstract

This paper examines the possibilities for fuel substitution in the industrial sector. First, we determine the total demand for fuel and power for the industrial sector from 1955 to 1972. We then examine fuel substitution possibilities for electricity and eight major fossil fuels consumed by the industrial sector. These are coal, natural gas, residual oil, distillate oil, kerosene, liquefied petroleum gas, still gas and petroleum coke. The analysis includes an estimation of the fuel split equations, the dynamic simulation of the industrial sector demands for fuel and the computation of short- and long-run demand elasticities for each fuel.

Suggested Citation

  • Kraft, John & Kraft, Arthur, 1980. "Interfuel substitution and energy consumption in the industrial sector," Applied Energy, Elsevier, vol. 6(4), pages 275-288, July.
  • Handle: RePEc:eee:appene:v:6:y:1980:i:4:p:275-288
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    Cited by:

    1. Minyoung Yang & Jinsoo Kim, 2020. "Revisiting the Relation between Renewable Electricity and Economic Growth: A Renewable–Growth Hypothesis," Sustainability, MDPI, vol. 12(8), pages 1-22, April.
    2. Imen Gam & Jaleleddine Ben Rejeb, 2012. "How Can We Assess the Relation Between Equipment, Price and Electricity Demand in Tunisia?," International Journal of Energy Economics and Policy, Econjournals, vol. 2(3), pages 159-166.

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