Measuring the Transition toward Less Energy Intensive Economies : modeling Solutions for the Demand-Side.

Summary The world is currently facing an energy market transition that is influenced by global economic growth dynamics, climate change negotiations, and increasingly volatile prices, among other factors. This rapid evolution of regulations and the macro-economy will transform energy demand conditions, requiring governments to acquire a growing set of quantitative tools to better assess the outcomes of their fiscal policies. This thesis addresses this issue by analyzing, through an elasticity-based approach, the different facets of energy demand in order to achieve sustainable energy consumption. This approach is complemented by cluster analysis, structural decomposition and various econometric tools applied jointly at the global and national levels. Particular attention is paid to modeling the demand of the subsidized markets, especially of the Gulf Cooperation Council countries.