Statistical Analysis of the Global Energy System

Student: Dudorova Marina

Educational Programme: Economics and Statistics (Bachelor)

Year of Graduation: 2020

The changing landscape of energy systems around the world is generating rapid changes that affect many aspects of our lives. The way we fuel cars, heat home and power the industry may change in the upcoming decades. The world needs sustainable energy system, both in terms of the use of natural resources and in addressing environmental challenges. The main environmental problem today is global warming, the main cause of which is carbon dioxide (CO2) emissions. Fossil fuel consumption accounts for 87% of CO2 emissions. In our study we confirm the hypothesis that country income level affects carbon dioxide emission levels for each unit of consumed energy resource. The methodological basis for the study is panel regression model with structural breaks, in which GDP per capita acts as a shift variable.

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