Comparison of Rate of Change in the Consumption of Various Sources of Energy in Nepal
Arjun Kumar Dahal *
Department of Economics, Tribhuvan University, Mechi Multiple Campus, Bhadrapur-8, Jhapa, Nepal.
*Author to whom correspondence should be addressed.
Abstract
The present study examines the rate of change of various sources of energy like biomass, coal, petroleum products, electricity and renewable sources of energy in Nepal by employing secondary data collected from various published resources. It also aims to measure the consistency or variability in the consumed quantity of various sources of energy during the period of 20 years, from 1998/99 to 2017/2018. Simple statistical tools and methods like ratio, percentage, mean, range, coefficient of range, standard deviation and coefficient of variation are used to describe and explore the viability of consumption. Descriptive and exploratory research designs were used in this study. The condition of energy consumption during the study period is found an increasing trend. The consumption of electricity is found more consistent or stable than other sources of energy.
Keywords: Tone of Oil Equivalent (TOE), consistency, variability, energy, traditional sources, renewable resources