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BY: Grace Ownbey. how does temperature effect total energy consumption?. 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?

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By grace ownbey

BY:

Grace Ownbey

how does temperature effect total energy consumption?


Motivation
Motivation

  • Helps energy companies save $$$

  • To help consumers see if they are paying more money for the same amount of energy.


Research questions
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
Methods and Data

  • 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

  • Years 1960-2009

  • Compared the sets of data by finding the correlation between them and there detrended values


  • Background information
    Background Information

    Cooling Degree days-CDD

    Heating Degree days-HDD


    How does temperature effect total energy 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
    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
    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
    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
    Results

    • The research rejected my hypothesized 70% but supported the facet that it does have some affect

    • Temperature effects energy consumption by about 50%