Final Energy Consumption Trends and Drivers in Czech Republic and Latvia

This paper analyses the trends of final energy consumption in Latvia and Czech Republic. Analysis of final energy consumption during 2000-2013 period indicated the main driving forces of final energy consumption during and after world financial crisis of 2008. The paper aimed to evaluate the impact...

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Main Authors: Zhiqian Yu, Dalia Streimikiene, Tomas Balezentis, Rimantas Dapkus, Radislav Jovovic, Veselin Draskovic
Format: Article
Language:English
Published: Editura ASE 2017-08-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/temp/Article_2665.pdf
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author Zhiqian Yu
Dalia Streimikiene
Tomas Balezentis
Rimantas Dapkus
Radislav Jovovic
Veselin Draskovic
author_facet Zhiqian Yu
Dalia Streimikiene
Tomas Balezentis
Rimantas Dapkus
Radislav Jovovic
Veselin Draskovic
author_sort Zhiqian Yu
collection DOAJ
description This paper analyses the trends of final energy consumption in Latvia and Czech Republic. Analysis of final energy consumption during 2000-2013 period indicated the main driving forces of final energy consumption during and after world financial crisis of 2008. The paper aimed to evaluate the impact of economic activity and other factors on final energy consumption. The decomposition of the final energy consumption is assessed by analyzing effect of different drivers by the main end-users sector (industry, transport, households, agriculture, services), activity, demography, lifestyles, structural effects, energy savings etc. The results show that the reduction in final energy consumption in most EU members states before and after year 2008 can be related to the decline in energy intensities within endusers sectors. At the same time, the increase in final energy intensity after the year 2008 is attributed to expansion of energy demand sectors. Comparison of final energy consumption trends and drivers in Latvia and Czech Republic indicated that Czech Republic implemented more policies and measures in industry and tertiary sector and this provided for final energy consumption decreased and huge energy savings in these sectors.
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publishDate 2017-08-01
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series Amfiteatru Economic
spelling doaj-art-2eb70267ecbf4c65bdcabb7b827ead8e2025-08-20T02:01:53ZengEditura ASEAmfiteatru Economic1582-91462247-91042017-08-011946866889Final Energy Consumption Trends and Drivers in Czech Republic and LatviaZhiqian Yu0Dalia Streimikiene1Tomas Balezentis2Rimantas Dapkus3Radislav Jovovic 4Veselin Draskovic 5School of Economics and Statistics, Guangzhou University, P. R. China Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania Lithuanian Institute of Agrarian Economics, Vilnius, Lithuania Aleksandras Stulginskis University, Kaunas, Lithuania Mediterranean University, Podgorica, Montenegro University of Montenegro, Kotor, Montenegro This paper analyses the trends of final energy consumption in Latvia and Czech Republic. Analysis of final energy consumption during 2000-2013 period indicated the main driving forces of final energy consumption during and after world financial crisis of 2008. The paper aimed to evaluate the impact of economic activity and other factors on final energy consumption. The decomposition of the final energy consumption is assessed by analyzing effect of different drivers by the main end-users sector (industry, transport, households, agriculture, services), activity, demography, lifestyles, structural effects, energy savings etc. The results show that the reduction in final energy consumption in most EU members states before and after year 2008 can be related to the decline in energy intensities within endusers sectors. At the same time, the increase in final energy intensity after the year 2008 is attributed to expansion of energy demand sectors. Comparison of final energy consumption trends and drivers in Latvia and Czech Republic indicated that Czech Republic implemented more policies and measures in industry and tertiary sector and this provided for final energy consumption decreased and huge energy savings in these sectors.http://www.amfiteatrueconomic.ro/temp/Article_2665.pdfenergy intensityenergy savingsdecomposition analysisCzech RepublicLatvia
spellingShingle Zhiqian Yu
Dalia Streimikiene
Tomas Balezentis
Rimantas Dapkus
Radislav Jovovic
Veselin Draskovic
Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
Amfiteatru Economic
energy intensity
energy savings
decomposition analysis
Czech Republic
Latvia
title Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
title_full Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
title_fullStr Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
title_full_unstemmed Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
title_short Final Energy Consumption Trends and Drivers in Czech Republic and Latvia
title_sort final energy consumption trends and drivers in czech republic and latvia
topic energy intensity
energy savings
decomposition analysis
Czech Republic
Latvia
url http://www.amfiteatrueconomic.ro/temp/Article_2665.pdf
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AT daliastreimikiene finalenergyconsumptiontrendsanddriversinczechrepublicandlatvia
AT tomasbalezentis finalenergyconsumptiontrendsanddriversinczechrepublicandlatvia
AT rimantasdapkus finalenergyconsumptiontrendsanddriversinczechrepublicandlatvia
AT radislavjovovic finalenergyconsumptiontrendsanddriversinczechrepublicandlatvia
AT veselindraskovic finalenergyconsumptiontrendsanddriversinczechrepublicandlatvia