INDICATORS OF ENVIRONMENTAL AND ECONOMIC PROBLEMS PRIORITY ARISING FROM ENERGY USE IN FOOD MANUFACTURING SECTOR IN REALIZING SUSTAINABLE DEVELOPMENT POLICY UNDER THAI ENVIRONMENTAL LAW FRAMEWORK
Journal: International Journal of Energy Economics and Policy
Year: 2021

This research was conducted to examine the true benefit of energy consumption within the scope of energy cost, as well as model a forecasting tool for energy cost in food manufacturing industry. It was limited to the analysis of true benefit of the consumption, energy cost, forward-and-backward relationship, and prediction of future energy cost during the next 10 years ranging from 2021 to 2030, and 20 years ranging from 2021 to 2040. The analysis was made possible via an application of ARIMAX m