| dc.description.abstract | The purpose of this study is to aim at the discussion of electricity efficiency in tourist hotel in Taiwan. Our model is to evaluate the reasonable electricity consumption and the normailized electricity efficiency index for the tourist hotel, which support the decision process to audit the energy uses as well as the peer review for electricity efficiency in the industry. Our model considers not only the average electricity consumption per unit area, but also the economic development, business scale, and climatic factors.
The data collected from those tourist hotels that have the electricity use contract capacity more than 800 kW from 2005 to 2014 in Taiwan. The total number of observations is 500, which shows that the average electricity consumption is 8,820 kW, the average electricity consumption per unit area(EUI) is 225.69 kWh/ m2, the average revenue is NT $688 million dollars, the average floor area is 43,460 m2, the average electricity price is NT $ 2.52 dollars/ kWh, and the average annual temperature is 23.57 ℃.
The study uses the total electricity consumption and the average electricity consumption per unit area as dependent variable respectively. Our estimation results are as follows:
First, the hotel revenue, the area of floor and the average temperature have the positive effect on the electricity consumption. Second, the revenue elasticity of electricity is 0.3449, and the price elasticity of electricity is 0.3507 in tourist hotel industry. There is economies of scale for the electricity consumption on the floor area and hotel revenue. Third, the electricity price has the significant negative effect on the electricity consumption, which suggests that the government can regard it as the priority enrgy-saving measurement. Fourth, it can build the assensment model by using the hotel revenue, floor area, electricity price, and temperature as explanatory variables. Finally, the estimation found that the energy saving rate can be as high as 7.88% and 14.33% if all hotels match the reasonable electricity consumption or the normalized EUI in 2014. | en_US |