Factor Analysis Method and Application of Energy Consumption Intensity Variation

Abstract

The rapid growth of my country's economy has led to a continuous increase in energy consumption (EC). Although the growth rate of EC has declined in recent years, the problems of resource utilization and environmental pollution caused by high EC have not yet been identified. For a long time, China's economy has been balancing emission reductions between reducing EC and achieving sustainable economic growth. To this end, the text specifically analyzes the factors that lead to changes in EC and energy intensity (EI), and the corresponding method applications. This paper analyzes the factors that affect the intensity of EC, and uses the LMDI method to study the changes in EC by collecting industrial added value, EC and GDP in various sectors. If we analyze the experimental results, we can know that: in the overall economic situation, it is found that the contribution rate of economic activity is 182.25%, the contribution rate of EI is 77.83%, and the contribution rate of economic structure is 3.45%.