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Has the accuracy of energy demand projections in the OECD countries improved since the 1970s?

Author

Listed:
  • Bentzen, J.
  • Linderoth, H.

Abstract

Since the 1970s almost all OECD countries have published projections or forecasts of future energy consumption. By now, three decades later, the actual values of energy consumption are available for the same number of countries and thus a considerable amount of empirical data is available concerning formal hypothesis testing, e.g. whether there have been improvements in the forecasting accuracy during this period.

Suggested Citation

  • Bentzen, J. & Linderoth, H., 2001. "Has the accuracy of energy demand projections in the OECD countries improved since the 1970s?," Papers 01-5, Aarhus School of Business - Department of Economics.
    • Handle: RePEc:fth:aascbu:01-5
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    References listed on IDEAS

    as
    1. Shlyakhter, Alexander I. & Kammen, Daniel M. & Broido, Claire L. & Wilson, Richard, 1994. "Quantifying the credibility of energy projections from trends in past data : The US energy sector," Energy Policy, Elsevier, vol. 22(2), pages 119-130, February.
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    Cited by:

    1. Wen, Xin & Jaxa-Rozen, Marc & Trutnevyte, Evelina, 2022. "Accuracy indicators for evaluating retrospective performance of energy system models," Applied Energy, Elsevier, vol. 325(C).
    2. Wen, Xin & Jaxa-Rozen, Marc & Trutnevyte, Evelina, 2023. "Hindcasting to inform the development of bottom-up electricity system models: The cases of endogenous demand and technology learning," Applied Energy, Elsevier, vol. 340(C).

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    More about this item

    Keywords

    ENERGY ; FORECASTS ; CONSUMPTION;
    All these keywords.

    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods

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