The use of physical indicators for industrial energy demand scenarios

This research clearly shows that physical indicators provide additional insights in scenario analysis. The use of physical indicators instead of monetary indicators seems to affect the energy scenarios significantly. The differences with monetary indicators are larger in developing regions than in OECD regions. We conclude that an integrated energy and materials approach reveals developments that are hardly visible using a monetary approach. Moreover, this research shows the potential and benefits of the use of physical indicators for scenario development.