Perspectives of Innovations, Economics and Business
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| Volume | 11 |
| Issue | 2 |
| Online publication date | 2012-05-10 |
| Title | Energy demand modeling for Uzbekistan |
| Author | Bobur Khodjaev |
| Abstract | The paper is devoted to energy demand forecasting in Uzbekistan. Studies show that in spite of the abundant reserves of hydrocarbons, low energy efficiency can have an adverse impact on energy security in Uzbekistan in the future. Oil and gas are the main primary energy source and they ensure energy security of Uzbekistan. Energy demand forecasting is essential in order to develop an effective energy policy. Such forecast can be useful to plan oil and gas production volumes, to identify priorities for the industrial modernization and to create favorable conditions for sustainable economic development in the future. Author proposes model based on translog function for developing medium-and long-term development programs in energy sector and the modernization and technological re-equipment of industry. |
| Citation | |
| References | ADB (Azian Development Bank), 2009. Energy statistics in Asia and Pacific (1999-2006), pp.76-79 ADB (Azian Development Bank), 2010. Energy Statistics in Asia and Pacific (2009), pp.121-128 Bettencourt, L., Lobo, J., Helbing, D., Kühnert, C. and West, G., 2007. Growth, innovation, scaling, and the pace of life in cities, Proceedings of the National Academy of Sciences of the United States of America, Vol.104(17), pp.7301-306 Bhattacharyya, S., 2001. Energy economics, Springer-Verlag, London Ltd. BP Company, 2010. Statistical review of World Energy, June IEA, 2011. World energy outlook 2010. IEA, Paris IMF, 2010., World economic outlook, Internatoinal Monetary Fund, Washington, D.C Kenneth, B., 2009. Energy demand theory, In: Evans J., Hunt L. (Eds.), International handbook on the economics of energy Cheltenham, U.K.: Edward Elgar, pp.89-111 OPEC, 2011. World Oil Outlook 2011, Organization of Petroleum Exporting Countries, Vienna Ryan, D., Plourde A., 2009. Empirical modeling of energy supply, In: Evans J., Hunt, L., (Eds.), International handbook on the economics of energy, Cheltenham, U.K.: Edward Elgar, pp.112-43 UN, 2008. World Population Prospects. Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat, New-York, pp. 12-14 UNDP, 2007. “Possibilities for further reforms in Uzbekistans energy sector,” Policy briefs. 1(8), Tashkent, pp.1-28 http://unstats.un.org/unsd/snaama/resQuery.asp |
| Keywords | Energy, model, demand, forecast, security, Uzbekistan |
| DOI | http://dx.doi.org/10.15208/pieb.2012.09 |
| Pages | 94-99 |
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