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how does temperature effect total energy consumption? PowerPoint Presentation

how does temperature effect total energy consumption?

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## PowerPoint Slideshow about ' how does temperature effect total energy consumption? ' - plato-benton

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Presentation Transcript

Motivation

- Helps energy companies save $$$
- To help consumers see if they are paying more money for the same amount of energy.

Research Questions

- How does climate effect trade?
- How does temperature effect total energy consumption?

- Hypothesis-
- Temperature accounts for 70% of total energy consumption.

Methods and Data Years 1960-2009 Compared the sets of data by finding the correlation between them and there detrended values

- Annual Average temperature, Cooling degree days, Heating degree days and Sum of degree days(NC State climate office)
- Set of total energy consumption data with smaller sub sets of data (State energy Data System) from NC
- ESTCP- Electricity total consumption
- RFTCP- Residual fuel oil total consumption,
- NGRCP-Natural gas total consumption

- Key
- HDD= heating degree days
- CDD= cooling degree days
- SADD= sum of annual degree days
- AV temp= average temperature

- Fitted Total= normalized Energy consumption
- Fitted ESTCP KKWH= Electricity Total Consumption

Discussion

- Temperature effects energy consumption by about 50%
- The research rejected my hypothesized 70% but supported the facet that it does have some affect

- Didn’t account for other ways of heating and power such as…
- propane
- solar power
- wood burning
- wind power

- If theses were taken into account how much of a difference would it make?

Future Research

- How does temperature effect agricultural trade?
- How do storms effect trade?
- How does the effect of temperature on energy trade effect the price of energy?
- How do natural disasters effect agricultural trade?
- How do hurricanes effect the economy of the places they hit?
- How does climate effect energy trade?
- How does climate effect energy consumption?

Approach

- Total energy consumption and temperature correlated over 50, 30, and then 20 years
- There seemed to be more of a pattern during the last 30 years and the correlations for the most part increased
- Since the 30 year period increased the correlations, I correlated the 20 year period

Results

- The research rejected my hypothesized 70% but supported the facet that it does have some affect
- Temperature effects energy consumption by about 50%

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