Contribution of climate change to sector-source energy demand

Saleem Shaik

Energy, 2024, vol. 294, issue C

Abstract: This research analyzes the effects of climate change on the energy demand for five energy sources (coal, natural gas, petroleum, electricity, and renewables) by four sectors (commercial, industrial, residential, and transportation). The four moments (mean, variance, skewness and kurtosis) of temperature and precipitation as measures of climate change are incorporated. Empirical application to forty-eight contiguous U.S. states from 1970 to 2021 finds that climate change has significant impacts on the energy demand for various sources by sectors, and these impacts vary depending on the moment of climate change. The results provide policy implications for developing climate smart technologies for different energy sources by sectors.

Keywords: Sector-source energy demand; U.S. states; price elasticity and elasticity of substitution (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:294:y:2024:i:c:s0360544224005498

DOI: 10.1016/j.energy.2024.130777

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