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Energy Systems and Technologies for the Coming Century ...

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400200Change in energy (PJ)01980 1985 1990 1995 2000 2005 2010-200-400-600-800dE(FI) S dFI α S dFI-1000Figure 6. The change of energy consumption due to changes in fuel intensity <strong>for</strong> EU-15,base 1980Figure 7 compares <strong>the</strong> overall effect due to a change in fuel intensity (dE(FI)) <strong>and</strong> <strong>the</strong>price effect (dE(dP)). As shown in Figure 7, due to <strong>the</strong> volatility of <strong>the</strong> fuel price, <strong>the</strong>price effect can lead to higher or lower energy consumption. With respect to <strong>the</strong> fuelintensity effect savings compared to <strong>the</strong> base year can be observed starting from 1980.The saving effect of prices can be noticed between 1980 <strong>and</strong> 1985. After 1985 <strong>the</strong> pricedrop led to an increase in energy consumption. In total <strong>the</strong> price <strong>and</strong> <strong>the</strong> fuel intensityeffect brought about energy savings dE of about 500 PJ.400300200Change in energy (PJ)10001980 1985 1990 1995 2000 2005 2010-100-200-300-400dE dE(FI) dE(P)-500Figure 7. The change of energy consumption due to changes in fuel intensity <strong>and</strong> fuelprice <strong>for</strong> EU-15, base 1980Figure 8 depicts <strong>the</strong> development of total energy consumption in comparison to <strong>the</strong>impact of fuel intensity <strong>and</strong> fuel prices. In 2007 was <strong>the</strong> impact of price effect wasalmost zero <strong>and</strong> <strong>the</strong> fuel efficiency effect reduced energy consumption by about 8%.Risø International <strong>Energy</strong> Conference 2011 Proceedings Page 318

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