The Department of Energy uses a system for forecasting energy supply and demand as an aid to policy making. The system consists of several sub-models ranging in complexity from simple trend equation models to detailed simulation models of the electricity, coal and gas industries. Their integrated operation provides an overall energy forecast based upon the optimum use of national resources, while their individual operation can look at particular areas of detail.
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References
1.
Energy Commision Paper No 5: Energy Forecasts, January 1978, Department of Energy.
2.
Energy Policy, A Consultative Document: Cmnd 7101 February 1978, HMSO.
3.
Energy Paper No 29: Energy Forecasting Methodology, March 1978, Department of Energy.
