Policy - 04/July/2016

Reality surprised us

On energy trends the IEA admits that prediction is difficult – especially of the future

Governments make energy policy decisions based on information about the cost of each energy unit, its price in the market and whether these are moving up or down for each separate technology. The International Energy Agency (IEA) is a major source of that information. If the historical data on which it bases its reports is inaccurate, or out of date, its prognoses will be to, too. The risk is that governments are led astray. FORESIGHT talked to IEA deputy boss Laura Cozzi, who also heads the energy-modelling unit, about its annual forecasts. ...

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