• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Comparative Analysis and Efficiency Estimation of World Energetics Forecasts

Student: Malenko Mayya

Supervisor: Igor A. Makarov

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Master)

Year of Graduation: 2018

The International Energy Agency is probably the most prominent organization in global energy forecasting which has been influencing the decision-making process of policy-makers and investors. However, the IEA has been constantly underestimating the potential of renewable energy sources, especially solar and wind power, due to the incorrect growth assumption. The IEA has been assuming linear growth, while historically renewable energy sources were growing exponentially. The potential reasons behind this systematic mistake, such as lobbyism, institutional conservatism and lack of market insights. This paper aims to evaluate the efficiency of the IEA’s world energy projections for RE by conducting retrospective analysis of WEO successive projections and to estimate the accuracy of IEA’s global energy projections for renewables by comparing them to other institutions’ projections.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses