News

Master Thesis: An Analysis of Errors in Forecasts for Energy Prices

Aktuelles |

Energy prices are highly volatile and future price developments are notoriously hard to predict. Nevertheless, since energy prices are an important cost component for many companies there exist a range of long-term forecasts of prices for energy commodities supplied by international agencies as well as private firms. However, these forecasts have often been found wrong in the past. This thesis topic is a systematic comparison of forecast quality between different suppliers and an analysis of the forecast errors with a focus on oil and gas markets.

Click here for more details.