Abstract:
The 12
th-five-year period(2011~2015) is a crucial period for accelerating economic development strategy transition in China, In order to secure a smooth transition, scientific planning, forecasting and demand remodeling, consumption control/management need to be analyzed and considered from a legislative level. This paper systematically analyzes the impact of coal production/consumption influencing factors, constructing models from over 30 variables, applies co-integration theory and Markov Chain model to forecastChina's energy demand, It shows that within constraints, there are three consumption scenarios-high/mid/low, the coal consumptions are 3.665 billion tons, 3.837 billion tons and 4.017 billion tons accordingly;WT