The impact of COVID-19 on the US renewable and non-renewable energy consumption : a sectoral analysis based on quantile on quantile regression approach

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

1 Scopus Citations
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Author(s)

  • Rizwana Yasmeen
  • Gang Hao
  • Assad Ullah
  • Wasi Ul Hassan Shah
  • Yunfei Long

Related Research Unit(s)

Detail(s)

Original languageEnglish
Number of pages16
Journal / PublicationEnvironmental Science and Pollution Research
Online published23 Jul 2022
Publication statusOnline published - 23 Jul 2022

Abstract

The repercussions of the novel coronavirus (COVID-19) pandemic go well beyond health concerns, affecting virtually every aspect of our lives, including daily energy consumption. Therefore, this study explores the impact of COVID-19 on renewable and non-renewable energy consumption in the USA, which has been severely affected by the recent pandemic. We conducted a detailed analysis of the energy consumption demands of various sectors in response to the COVID-19 outbreak. Our in-depth analysis comprises two parts. Initially, we determine the monthly growth change by utilizing the month-on-month method. Subsequently, we used the quantile-on-quantile approach of Sim and Zhou (2015) on data spanning from December 2019 to August 2021 to explore the impact of COVID-19 on energy consumption across the whole distribution. The study’s outcomes underscored that compared to renewable energy, non-renewable energy consumption was more affected by the COVID-19 lockdown, and the overall energy consumption (both renewable and non-renewable) remained low. These findings accentuate global strategic management tools to tackle COVID-19 cooperatively and restore the energy mix. Such measures are critical for energy access, security, and evenhandedness.

Research Area(s)

  • COVID-19, Renewable and nonrenewable energy, Sectoral analysis, Month-on-month method, Quantile-on-quantile approach, ECONOMIC-GROWTH, TECHNOLOGICAL-INNOVATION, FINANCIAL DEVELOPMENT

Citation Format(s)

The impact of COVID-19 on the US renewable and non-renewable energy consumption : a sectoral analysis based on quantile on quantile regression approach. / Yasmeen, Rizwana; Hao, Gang; Ullah, Assad; Shah, Wasi Ul Hassan; Long, Yunfei.

In: Environmental Science and Pollution Research , 23.07.2022.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review