The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis
This study examines the complex and time-varying relationship between residential energy demand (including electricity, geothermal, and solar energy) and climate change using wavelet analyses with monthly USA data from January 1990 to March 2023. The results show that residential energy demand and c...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-06-01
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| Series: | Environmental and Sustainability Indicators |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2665972724000527 |
| _version_ | 1831877523286261760 |
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| author | Faik Bilgili Sevda Kuskaya Cosimo Magazzino Kamran Khan Mohammad Enamul Hoque Mohammed Alnour Seyit Onderol |
| author_facet | Faik Bilgili Sevda Kuskaya Cosimo Magazzino Kamran Khan Mohammad Enamul Hoque Mohammed Alnour Seyit Onderol |
| author_sort | Faik Bilgili |
| collection | DOAJ |
| description | This study examines the complex and time-varying relationship between residential energy demand (including electricity, geothermal, and solar energy) and climate change using wavelet analyses with monthly USA data from January 1990 to March 2023. The results show that residential energy demand and climate change indicators exhibit a time-varying interrelationship with cyclical and lag effects. Specifically, before 2021, a positive correlation between residential electricity demand and carbon dioxide (CO2) emissions in short-term frequencies was found, but the relationship reversed thereafter, with an increase in CO2 levels influencing and decreasing residential electricity demand. In the long run frequencies, the link between residential power consumption and CO2 emissions shifted over time, exhibiting inconsistent co-movement. The co-movements between residential geothermal and CO2 show predominantly positive correlations, with CO2 leading the relationship in the short run, while geothermal leads the co-movements in the long run. In both short and long-term frequencies, the dependency and co-movement between residential solar and CO2 are mixed, with residential solar leading to positive correlations and CO2 leading to negative correlations. Therefore, improved insulation, energy-efficient windows, and high-efficiency heating systems can all assist in reducing heat loss and the total energy demand for domestic heating and subsequently low CO2 emissions. |
| first_indexed | 2024-04-24T10:56:57Z |
| format | Article |
| id | doaj.art-f4e6b43dda434f3e9986e07e8953c670 |
| institution | Directory Open Access Journal |
| issn | 2665-9727 |
| language | English |
| last_indexed | 2025-03-21T21:17:13Z |
| publishDate | 2024-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Environmental and Sustainability Indicators |
| spelling | doaj.art-f4e6b43dda434f3e9986e07e8953c6702024-05-29T05:03:12ZengElsevierEnvironmental and Sustainability Indicators2665-97272024-06-0122100384The mutual effects of residential energy demand and climate change in the United States: A wavelet analysisFaik Bilgili0Sevda Kuskaya1Cosimo Magazzino2Kamran Khan3Mohammad Enamul Hoque4Mohammed Alnour5Seyit Onderol6Faculty of Economics and Administrative Sciences, Erciyes University, 38039, TurkeyJustice Vocational College, Dept. of Law, Erciyes University, 38280, TurkeyDepartment of Political Science, Roma Tre University, 00145, Rome, Italy; Corresponding author.Kashmir Institute of Economics, University of Azad Jammu & Kashmir, Muzaffarabad, 13100, Pakistan; FEAS, Erciyes University, 38030, TurkeyBRAC Business School, BRAC University, 66 Mohakhali Dhaka, 1212, BangladeshDepartment of Economics, Institute of Social Sciences, Erciyes University, 38030, Turkey; Faculty of Economics and Business Administration, West University of Timișoara, 300223, RomaniaInstitute of Social Sciences, Erciyes University, 38039, Kayseri, TurkeyThis study examines the complex and time-varying relationship between residential energy demand (including electricity, geothermal, and solar energy) and climate change using wavelet analyses with monthly USA data from January 1990 to March 2023. The results show that residential energy demand and climate change indicators exhibit a time-varying interrelationship with cyclical and lag effects. Specifically, before 2021, a positive correlation between residential electricity demand and carbon dioxide (CO2) emissions in short-term frequencies was found, but the relationship reversed thereafter, with an increase in CO2 levels influencing and decreasing residential electricity demand. In the long run frequencies, the link between residential power consumption and CO2 emissions shifted over time, exhibiting inconsistent co-movement. The co-movements between residential geothermal and CO2 show predominantly positive correlations, with CO2 leading the relationship in the short run, while geothermal leads the co-movements in the long run. In both short and long-term frequencies, the dependency and co-movement between residential solar and CO2 are mixed, with residential solar leading to positive correlations and CO2 leading to negative correlations. Therefore, improved insulation, energy-efficient windows, and high-efficiency heating systems can all assist in reducing heat loss and the total energy demand for domestic heating and subsequently low CO2 emissions.http://www.sciencedirect.com/science/article/pii/S2665972724000527Residential energyEnergy demandClimate changeWavelet analysisUSA |
| spellingShingle | Faik Bilgili Sevda Kuskaya Cosimo Magazzino Kamran Khan Mohammad Enamul Hoque Mohammed Alnour Seyit Onderol The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis Environmental and Sustainability Indicators Residential energy Energy demand Climate change Wavelet analysis USA |
| title | The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis |
| title_full | The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis |
| title_fullStr | The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis |
| title_full_unstemmed | The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis |
| title_short | The mutual effects of residential energy demand and climate change in the United States: A wavelet analysis |
| title_sort | mutual effects of residential energy demand and climate change in the united states a wavelet analysis |
| topic | Residential energy Energy demand Climate change Wavelet analysis USA |
| url | http://www.sciencedirect.com/science/article/pii/S2665972724000527 |
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