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Sustainability Assessment of the Natural Gas Industry in China Using Principal Component Analysis

Author

Listed:
  • Xiucheng Dong

    (School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China)

  • Jie Guo

    (School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China)

  • Mikael Höök

    (Global Energy Systems, Department of Earth Sciences, Uppsala University, Villavägen 16, SE-751 21 Uppsala, Sweden)

  • Guanglin Pi

    (School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China)

Abstract

Under pressure toward carbon emission reduction and air protection, China has accelerated energy restructuring by greatly improving the supply and consumption of natural gas in recent years. However, several issues with the sustainable development of the natural gas industry in China still need in-depth discussion. Therefore, based on the fundamental ideas of sustainable development, industrial development theories and features of the natural gas industry, a sustainable development theory is proposed in this thesis. The theory consists of five parts: resource, market, enterprise, technology and policy. The five parts, which unite for mutual connection and promotion, push the gas industry’s development forward together. Furthermore, based on the theoretical structure, the Natural Gas Industry Sustainability Index in China is established and evaluated via the Principal Component Analysis (PCA) method. Finally, a conclusion is reached: that the sustainability of the natural gas industry in China kept rising from 2008 to 2013, mainly benefiting from increasing supply and demand, the enhancement of enterprise profits, technological innovation, policy support and the optimization and reformation of the gas market.

Suggested Citation

  • Xiucheng Dong & Jie Guo & Mikael Höök & Guanglin Pi, 2015. "Sustainability Assessment of the Natural Gas Industry in China Using Principal Component Analysis," Sustainability, MDPI, vol. 7(5), pages 1-17, May.
    • Handle: RePEc:gam:jsusta:v:7:y:2015:i:5:p:6102-6118:d:49791
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    References listed on IDEAS

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    Cited by:

    1. Hui Li & Kangyin Dong & Renjin Sun & Jintao Yu & Jinhong Xu, 2017. "Sustainability Assessment of Refining Enterprises Using a DEA-Based Model," Sustainability, MDPI, vol. 9(4), pages 1-15, April.
    2. Mingqi Zhang & Meirong Su & Weiwei Lu & Chunhua Su, 2015. "An Assessment of the Security of China’s Natural Gas Supply System Using Two Network Models," Energies, MDPI, vol. 8(12), pages 1-16, December.
    3. Jingxiao Zhang & Haiyan Xie & Klaus Schmidt & Hui Li, 2015. "A New Systematic Approach to Vulnerability Assessment of Innovation Capability of Construction Enterprises," Sustainability, MDPI, vol. 8(1), pages 1-25, December.
    4. Jianzhong Xiao & Xiaolin Wang & Ran Wang, 2016. "Research on Factors Affecting the Optimal Exploitation of Natural Gas Resources in China," Sustainability, MDPI, vol. 8(5), pages 1-13, May.
    5. Wei Li & Guomin Li & Rongxia Zhang & Wen Sun & Wen Wu & Baihui Jin & Pengfei Cui, 2017. "Carbon Reduction Potential of Resource-Dependent Regions Based on Simulated Annealing Programming Algorithm," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    6. Wenyin Yang & Lin Liu & Xiaobao Yu, 2017. "Evaluating the Comprehensive Benefit of Group-Affiliated New Energy Power Generation Enterprises for Sustainability: Based on a Combined Technique of STBI and TOPSIS," Sustainability, MDPI, vol. 10(1), pages 1-22, December.
    7. Ye Duan & Hailin Mu & Nan Li, 2016. "Analysis of the Relationship between China’s IPPU CO 2 Emissions and the Industrial Economic Growth," Sustainability, MDPI, vol. 8(5), pages 1-19, April.
    8. Dong, Kangyin & Sun, Renjin & Wu, Jin & Hochman, Gal, 2018. "The growth and development of natural gas supply chains: The case of China and the US," Energy Policy, Elsevier, vol. 123(C), pages 64-71.

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