Climate Change Renewable Energy Demand & Consumption

Establishing the impact of climate change on energy demand requires a measure of heating and cooling requirements. In the United States, this measure is a degree day, which is defined in terms of an absolute difference between average daily temperature and 651F, which is an arbitrary benchmark for household comfort. Commercial heating degree days are incurred when outside temperatures are below 651F, generally during the winter heating season from October through March. (more…)

Numerical Simulation of Climate Impacts

To determine the effects of past climate trends on global energy consumption, the econometric equations providing the degree day elasticities reported previously are combined into an econometric simulation model. The endogenous variables determined by the model include energy demand in the residential, commercial, and industrial sectors of the U.S. economy and the derived demand for primary fuels used in electric power generation. (more…)