Integration properties of disaggregated solar, geothermal and biomass energy consumption in the U.S

This paper investigates the integration properties of disaggregated solar, geothermal and biomass energy consumption in the U.S. The analysis is performed for the 1989–2009 period and covers all sectors which use these types of energy, i.e., transportation, residence, industrial, electric power and...

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Veröffentlicht in:Energy policy 2011-09, Vol.39 (9), p.5474-5479
Hauptverfasser: Apergis, Nicholas, Tsoumas, Chris
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper investigates the integration properties of disaggregated solar, geothermal and biomass energy consumption in the U.S. The analysis is performed for the 1989–2009 period and covers all sectors which use these types of energy, i.e., transportation, residence, industrial, electric power and commercial. The results suggest that there are differences in the order of integration depending on both the type of energy and the sector involved. Moreover, the inclusion of structural breaks traced from the regulatory changes for these energy types seem to affect the order of integration for each series. ► Increasing importance of renewable energy sources. ► Integration properties of solar, geothermal and biomass energy consumption in the U.S. ► The results show differences in the order of integration depending on the type of energy. ► Structural breaks traced for these energy types affect the order of integration. ► The order of integration is less than 1, so energy conservation policies are transitory.
ISSN:0301-4215
1873-6777
DOI:10.1016/j.enpol.2011.05.015