Emerging Trends in Energy Economics

About The Book

<p>Energy and its economic implications have been in the spotlight of policymakers academics traders speculators and the industry for decades now. It has been an active research topic for more than 150 years. From the 19th century the problem of creating processing storing and transporting energy was well defined. The issues of efficiently producing pricing distributing and forecasting the demand supply and prices of energy-related products and services are central to most modern economies irrespective of their level of development. These issues are apparent in times of relative tranquility in the respective markets but become central for all stakeholders in times of turbulence.</p><p>This volume focuses on emerging methodologies of analysis description modelling and forecasting in the topical area of Energy Economics. Includes emerging and innovative methodological approaches from the areas of machine learning artificial intelligence econometrics and statistics aimed to model describe or forecast the energy markets at all levels. Additionally the volume also presents a bibliographical review summarizes and compares results of different studies in the energy-sustainable economic growth and development nexus. The practical importance of the results to all energy market stakeholders in terms of regulating pricing and distributing energy is evident. Theoretical robustness methodological innovation and possible direct applicability of the conclusions were the basic requirements for research work to be included in this publication.</p>
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