Grey incidence analysis between energy consumption structure and Chinese GDP growth

This paper applies grey incidence analysis to study the relationship between energy consumption structure and GDP growth during the ¿the ninth five-year plan¿ and ¿the tenth five-year plan¿ in China, and uses GM(1,1) model to predict the total energy consumption in the future. The result indicates that the order is coal, crude oil, natural gas, hydro-power, nuclear power and wind power in turn at present, and coal is the most important energy influencing the economic development. The energy consumption and GDP have close relationship during ¿the tenth five-year plan¿. In the future, Chinese total energy consumption will maintain a steady growth and reach 3627.10 million tons SCE in 2010.