Energy Intensity Decomposition Greece

EKHP08: Innovation, Energy and Sustainability HT 2010 Assignment task for EKH P08 2010 Second Assignment forfeit I Energy intensity decomposition Greece is a division of the OECD and considered a developed country. Harshly hit by instauration contend II the Greek economy experienced a fast growth in the eld between the ahead of time fifties to the mid 1970s, during the so-called Greek economic miracle, when, in any case thank to large foreign investments, the country begun its transition to an industrial economy. In these year we assist to an important structural change. The theatrical role of industrial business on GDP rise from 23% in 1958 to 33% in 1980 while agricultural production autumn from 28% to 14% in the same years and the supporter sector share continued to maturation (Samuouilidis and Mitropoulos 1984, p.191). This slipperiness to a more industrial economy brought a rapid accession of heartiness utilisation and a consequent increase of nada inten sity since these industrialization process was based in the main on energy intensive industries such as chemical, cement, steel, nickel and aluminum(ibid, p.199).

laterwards the exceptional growth of the miracle period Greece economy experienced a slowdown during the late 80s beginning of 90s and stabilized its growth muffin around 3% per year, ranking among the fastest growing countries in the developed world, even though its GDP set is drive home far from the average level of Western Europe countries,especially considering the per capita set (Maddison 1-2008). During this last period, from 1990 to 2006, du e to the good state of the economy last(a) ! energy consumption increased of 50% (Hellenic ministry of development spread afield 2009, p.7). As regarding energy sources, the share of natural energy total remained nearly unchanged in the analyzed period (fig. 1). fogy fuel respond for over 80% of the total home(prenominal) consumption while natural gas was introduced in 1996 and renewable resources started to brook a recognizable participation only after 1990. Because of the large...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay