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Energy Demand and Supply
This lecture covers the concepts of energy demand and supply, including socio-economic needs, trend forecasting, cost of supply, security of supply, and the components of the energy supply chain. It also discusses the drivers of energy supply, forecast models, and the concept of value chain. The instructor explains the evolution of energy demand, the influence of market conditions on prices, and the factors affecting energy prices. Additionally, the lecture explores the relationship between energy demand and economic activity, demographic evolution, and the security of energy supply strategies.