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Title: The Relationship Between the Economy and Electricity Consumption
Publication Number: DOE/NETL-2010/1441
Publication Date: 09/2010
Publication Type: Report/Publication
Contact: Peter Balash
Program/Technology: Infrastructure
Author: Peter C. Balash (NETL)
Gavin Pickenpaugh (NETL)
Synopsis:

The observed relationship between growth in energy demand and the economy has been studied in the U.S. as well as other parts of the world. The literature to date provides mixed results as to whether energy consumption has a significant long term and short term relationship with the economy. This paper provides statistical evidence that in the U.S., electricity consumption and the economy (U.S. GDP or personal income) have significant long-run and short-run relationships.

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