The forecasting of energy consumption is essential for any country to study the future energy demand and to introduce the necessary government policies. This paper presents the formulation of forecasting models based on the Artificial Neural Network (ANN) for the consumption of conventional...

This paper investigates the potential for systematic errors in the Energy Information Administration’s (EIA) widely used Annual Energy Outlook, focusing on the near- to midterm projections of energy demand as measured in physical quantities. Overall, based on an analysis of the EIA’s 22-year...

The forecasting of energy consumption is essential for any country to study the future energy demand and to introduce the necessary government policies. This paper presents the formulation of forecasting models based on the Artificial Neural Network (ANN) for the consumption of conventional...

The prediction of wind speed is one of the most important aspects when dealing with renewable energy. In this paper we show a new nonparametric model, based on semi-Markov chains, to predict wind speed and the energy produced by a commercial blade. Particularly, we use an indexed semi-Markov...

Crude oil is a dynamically traded commodity that affects many economies. We propose a collection of marked self-exciting point processes with dependent arrival rates for extreme events in oil markets and related risk measures. The models treat the time among extreme events in oil markets as a...

This article describes the Russian Far East's energy sector, stressing its limited energy exports, and use of separate electricity and heating grids to geographically dispersed population centers with various supply patterns distributed across a vast territory. One key strategic trend has been...

The National Energy Modeling System (NEMS) is arguably the most influential energy model in the United States. The U.S. Energy Information Administration uses NEMS to generate the federal government's annual long-term forecast of national energy consumption and to evaluate prospective federal...

We assess the macroeconomic impact on Polish economy of the diversified package of about 120 different GHG mitigation levers, which were identified in the bottom-up sectoral analysis. For this purpose, we constructed a large scale, multi-sector dynamic stochastic general equilibrium (DSGE) model...