Study On Electric Power Consumption Of Shandong Peninsula And Regional Economic Growth In Cointegration

As the important secondary energy, the power industry, supporting the other each industry development, for the development of China's economy has laid a solid foundation and become the driving force of economic development of China. In recent years, China's industrialization, the acceleration of urbanization, is inseparable from the growing demand for electricity, China has become the world's second-largest behind the United States power consumer, power has become to develop the national economy and improve people material life level important base, become an integral part of People's Daily life. Therefore, to power in the role and value of economic growth, China power spare for sure, power demand side management and power development strategy planning etc, provides the basis.This paper first reviews the development of electric power industry, and the industry development process often use index electricity consumption elasticity coefficient, power consumption strength as well as the relationship between the two made more thorough discussions; Secondly from power factors of production of attributes and commodity attribute of the two aspects of power attributes; analyzes the characteristics Once again find demand for power, influence factors from the gross domestic product, industrial structure change, electricity, power consumption strength, population growth and urbanization discusses these factors change the influence of demand for power; Finally on power consumption forecast method, and the development of the applied conditions are discussed, from traditional forecasting method, based on time series prediction methods are reviewed in the paper, the present situation of electric power consumption forecast for this paper of subsequent research contents of twisted. In part based on empirical research, try co-integration and error correction model (ECM) of shandong peninsula, power consumption and the economic growth, gross, the electricity consumption and related factors of long-term and short-term cointegration relation analysis. The empirical test, obtained from the administration view, enlightenment and Suggestions.