Electricity-savings pressure and electricity-savings potential among China’s inter-provincial manufacturing sectors

Abstract

The Inter-Regional Input Output (IRIO) model is developed in 11 manufacturing sectors of China's 30 provincial-level regions. Against the background of electricity pricing and energy-savings, this paper develops and compares the relative sectoral and regional price sensitivities to electricity price and elasticities to electricity demand. The results show that industries such as metal smelting, oil and chemical processing are more sensitive to increasing electricity prices, and have a higher potential of energy-savings. Remarkable findings hold for the regions of Tianjin, Hebei, Jilin, Guangdong, Zhejiang, Shaanxi and Shandong.