LMDI-ARIMA Model for Carbon Emissions Analysis and Prediction in High Energy Consuming Industries with Emission Reduction Measures

Mingyue Zhou*, Wen Chu, Xu Xu, Xiangmin Xu, Bowen Zheng, Weitao Yao, Chang Liu, Xuchen Wang

*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

Abstract

In this paper, starting from the specific perspective of enterprises, the carbon emission calculation model is first used to calculate and organize the carbon emission data of three typical high energy consuming industries. Secondly, the Logarithmic Mean Divisia Index (LMDI) decomposition analysis method is used to calculate the contribution of fossil fuels in the carbon emissions of enterprise fuel combustion. After comparison, it is found that steel enterprises are most affected by this factor. At the same time, time series analysis is used to predict the future carbon emissions of different enterprises by Autoregressive Integrated Moving Average (ARIMA) model. Finally, with the help of the established LMDI-ARIMA model, hypothetical adjustments were made to the proportion of fossil fuels in steel enterprises and carbon emissions predictions were made, obtaining the expected carbon reduction that the steel industry can achieve by changing the proportion of clean energy use.

Original languageEnglish
Title of host publication2024 IEEE 8th Conference on Energy Internet and Energy System Integration, EI2 2024
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages4047-4053
Number of pages7
ISBN (Electronic)9798331523527
DOIs
Publication statusPublished - 2024
Event8th IEEE Conference on Energy Internet and Energy System Integration, EI2 2024 - Shenyang, China
Duration: 29 Nov 20242 Dec 2024

Publication series

Name2024 IEEE 8th Conference on Energy Internet and Energy System Integration, EI2 2024

Conference

Conference8th IEEE Conference on Energy Internet and Energy System Integration, EI2 2024
Country/TerritoryChina
CityShenyang
Period29/11/242/12/24

Keywords

  • carbon emission calculation
  • carbon emission prediction
  • clean energy
  • energy conservation and emission reduction
  • High energy consuming industries

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