Hierarchical Modeling in Projection Studies of the National Energy Sector Development
The focus of the paper is the evolution of methodological tools for long-term projections of the national energy sector development. The research highlights the importance of considering the growing uncertainty of the future when determining the rational hierarchy of employed economic and mathematical models. We propose adjusting their composition and the degree of aggregation depending on the projection time frame.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.