FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND

This study aims to analyze the modeling and forecasting the GHG emission of energy consumption in manufacturing sectors. The scope of the study is to analysis energy consumption and forecasting GHG emission of energy consumption for the next 10 years (2016-2025) and 25 years (2016-2040) by using ARI...

Full description

Bibliographic Details
Main Authors: Pruethsan Sutthichaimethee, Danupon Ariyasajjakorn
Format: Article
Language:English
Published: Polish Society of Ecological Engineering (PTIE) 2017-01-01
Series:Journal of Ecological Engineering
Subjects:
Online Access:http://www.journalssystem.com/jeeng/Forecasting-model-of-GHG-emission-in-Manufacturing-Sectors-of-Thailand,64566,0,2.html
id doaj-70d070b30d5243b79ca98ee346ad7501
record_format Article
spelling doaj-70d070b30d5243b79ca98ee346ad75012020-11-24T22:20:10ZengPolish Society of Ecological Engineering (PTIE)Journal of Ecological Engineering2299-89932017-01-01181182410.12911/22998993/6456664566FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILANDPruethsan Sutthichaimethee0Danupon Ariyasajjakorn1Faculty of Economics, Chulalongkorn University, Thailand.Faculty of Economics, Chulalongkorn University, Thailand.This study aims to analyze the modeling and forecasting the GHG emission of energy consumption in manufacturing sectors. The scope of the study is to analysis energy consumption and forecasting GHG emission of energy consumption for the next 10 years (2016-2025) and 25 years (2016-2040) by using ARIMAX model from the Input-output table of Thailand. The result shows that iron and steel has the highest value of energy consumption and followed by cement, fluorite, air transport, road freight transport, hotels and places of loading, coal and lignite, petrochemical products, other manufacturing, road passenger transport, respectively. The prediction results show that these models are effective in forecasting by measured by using RMSE, MAE, and MAPE. The results forecast of each model is as follows: 1) Model 1(2,1,1) shows that GHG emission will be increasing steadily and increasing at 25.17% by the year 2025 in comparison to 2016. 2) Model 2 (2,1,2) shows that GHG emission will be rising steadily and increasing at 41.51% by the year 2040 in comparison to 2016.http://www.journalssystem.com/jeeng/Forecasting-model-of-GHG-emission-in-Manufacturing-Sectors-of-Thailand,64566,0,2.htmlManufacturing sectorsenvironment costenergy consumptionGHG emissionmultiplier
collection DOAJ
language English
format Article
sources DOAJ
author Pruethsan Sutthichaimethee
Danupon Ariyasajjakorn
spellingShingle Pruethsan Sutthichaimethee
Danupon Ariyasajjakorn
FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
Journal of Ecological Engineering
Manufacturing sectors
environment cost
energy consumption
GHG emission
multiplier
author_facet Pruethsan Sutthichaimethee
Danupon Ariyasajjakorn
author_sort Pruethsan Sutthichaimethee
title FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
title_short FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
title_full FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
title_fullStr FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
title_full_unstemmed FORECASTING MODEL OF GHG EMISSION IN MANUFACTURING SECTORS OF THAILAND
title_sort forecasting model of ghg emission in manufacturing sectors of thailand
publisher Polish Society of Ecological Engineering (PTIE)
series Journal of Ecological Engineering
issn 2299-8993
publishDate 2017-01-01
description This study aims to analyze the modeling and forecasting the GHG emission of energy consumption in manufacturing sectors. The scope of the study is to analysis energy consumption and forecasting GHG emission of energy consumption for the next 10 years (2016-2025) and 25 years (2016-2040) by using ARIMAX model from the Input-output table of Thailand. The result shows that iron and steel has the highest value of energy consumption and followed by cement, fluorite, air transport, road freight transport, hotels and places of loading, coal and lignite, petrochemical products, other manufacturing, road passenger transport, respectively. The prediction results show that these models are effective in forecasting by measured by using RMSE, MAE, and MAPE. The results forecast of each model is as follows: 1) Model 1(2,1,1) shows that GHG emission will be increasing steadily and increasing at 25.17% by the year 2025 in comparison to 2016. 2) Model 2 (2,1,2) shows that GHG emission will be rising steadily and increasing at 41.51% by the year 2040 in comparison to 2016.
topic Manufacturing sectors
environment cost
energy consumption
GHG emission
multiplier
url http://www.journalssystem.com/jeeng/Forecasting-model-of-GHG-emission-in-Manufacturing-Sectors-of-Thailand,64566,0,2.html
work_keys_str_mv AT pruethsansutthichaimethee forecastingmodelofghgemissioninmanufacturingsectorsofthailand
AT danuponariyasajjakorn forecastingmodelofghgemissioninmanufacturingsectorsofthailand
_version_ 1725776567001415680