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Tytuł artykułu

The Evolution of Natural Gas Prices in EU Countries and their Impact on the Country’s Macroeconomic Indicators

Treść / Zawartość
Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
In the article, the authors characterize the current European market with natural gas, describing differences in prices for households and prices for companies from the point of view of individual components, where they focus more on taxes, levies and fees. The article further deals with the possible impact of the price of natural gas on the country's economy, more specifically, the correlation with inflation, unemployment and interest rates. The main aim of the authors is to establish an appropriate econometric model, which describes the impact of the price of natural gas together with the unemployment rate and interest rates on the inflation of the country. The price of natural gas, of this strategic raw material, is one of the factors that can influence the processes for low-carbon technologies or more precisely, the process of EU decarbonisation and with it the associated amount of CO2 emissions.
Rocznik
Strony
255--273
Opis fizyczny
Bibliogr. 24 poz., rys., wykr.
Twórcy
  • Department of Applied Mathematics and Business Informatics, Faculty of Economics of the Technical University of Košice, Košice, Slovak Republic
  • Department of Process Technique, Faculty of Manufacturing Technologies of the Technical University of Košice with a seat in Prešov, Prešov, Slovak Republic
autor
  • Department of Process Technique, Faculty of Manufacturing Technologies of the Technical University of Košice with a seat in Prešov, Prešov, Slovak Republic
  • Department of Applied Mathematics and Business Informatics, Faculty of Economics of the Technical University of Košice, Košice, Slovak Republic
Bibliografia
  • 1. Števko, M 2018. Obchodovanie so zemným plynom v Európe a vo svete. SLOVGAS 16 (2), 13-15.
  • 2. EURACTIV: EU climate and energy policy until 2030, 2014 (https://euractiv.sk/section/energetika/linksdossier/klimaticka-aenergeticka-politika-eu-s-vyhladom-do-roku-2030-000333/ access 02.10.2021).
  • 3. European Parliament: Fact Sheets on the European Union -| Energy policy: general principles, 2020 (https://www.europarl.europa.eu/factsheets/sk/sheet/68/energetickapolitika-vseobecne-zasady access 20.10.2020).
  • 4. IEA: Gas - Fuels & Technologies (https://www.iea.org/fuels-andtechnologies/gas access 29.04.2020).
  • 5. Klepáč, J 2018. Does natural gas have a place in the future energy mix? Slovak Energy Annual, 90-93.
  • 6. Siažik, J, Malcho, M and Lenhard, R 2017. Proposal of experimental device for the continuous accumulation of primary energy in natural gas hydrates. EPJ Web Conf. 143, 02106. https://doi.org/10.1051/epjconf/201714302106.
  • 7. Eurostat: Data Browse- Statistics. (https://ec.europa.eu/eurostat/databrowser/view/nrg_pc_202/default/table?lang=en access 02.10.2021).
  • 8. Kocúrek, M 2019. Možnosti zásobavaní zemí strední Evropy zkvapalneným zemným plynem. SLOVGAS 18 (12), 12-15.
  • 9. European Commission: EU-U.S. LNG TRADE 2019. (https://ec.europa.eu/energy/sites/ener/files/eu-us_lng_trade_folder.pdf accessed 29.04.2020).
  • 10. EIA: Natural gas prices - U.S. Energy Information Administration. (https://www.eia.gov/energyexplained/natural-gas/prices.php access 27.04.2020).
  • 11. Heater, P 2015. The Oxford Institute for energy studies: The evolution of European traded gas hubs. Oxford: Oxford Institute for Energy Studies.
  • 12. BP p.l.c.: Statistical Review of World Energy - Energy economics 2020. (https://www.bp.com/en/global/corporate/energy-economics/statisticalreview-of-world-energy.html access 02.10.2020).
  • 13. European Commission: Energy-Energy prices and costs in Europe 2019. (https://ec.europa.eu/energy/data-analysis/energy-prices-and-costs_en accessed 29.04.2020).
  • 14. Kliesen, KL 2006, Rising Natural Gas Prices and Real Economic Activity Federal Reserve Bank of St.Louis Review 88 (6), 511-526.
  • 15. European Commission: Natural gas price statistics. Statistics Explained. (https://ec.europa.eu/eurostat/statisticsexplained/index.php?title=Main_Page#Natural_gas_prices_for_household_consumers access 20.10.2020).
  • 16. NBS: Macroeconomic database (In Slovak: Makroekonomická databáza). (https://www.nbs.sk/sk/menova-politika/makroekonomicka-databaza access 02.10.2021).
  • 17. Rynek Gazu: CEGH - Day ahead market. (https://rynekgazu.cire.pl/st,43,511,me,0,0,0,0,0,cegh---day-ahead-market.html access 02.10.2020).
  • 18. European Central Bank: Measuring inflation – HICP 2021. (https://www.ecb.europa.eu/stats/macroeconomic_and_sectoral/hicp/html/index.en.html access 20.01.2021).
  • 19. Petríková, D 2011. Selected problems of economic policy. (In Slovak:Vybrané problémy hospodárskej politiky). Košice: elfa Publishers.
  • 20. Lisý, J 2007. Economy in the new economy. (In. Slovak: Ekonómia v novej ekonomike). Bratislava: Iura Edition Publishers.
  • 21. Petrušková, K and Liptáková, E 2020. Development of electricity prices in the V4 countries and econometric model of forecasting spot electricity prices in Slovakia. Advance in Thermal Processes and Energy Transformation 3 (1), 14-24.
  • 22. Karch, L, Škvareková, E and Kawicki, A 2018. Environmental and geological impact assessment within a project of the North – South Gas Interconnections in Central Eastern Europe. Acta Montanistica Slovaca, 23 (1), 26-38.
  • 23. Janovcova, M, Jandačka, J and Malcho, M 2015. The impact of the weather conditions on the cooling performance of the heat pump driven by an internal natural gas combustion engine. EPJ Web of Conferences 92, 02029.
  • 24. Teplická, K, Kováč, M, Škvareková, E and Seňová, A 2020. Economic Life Cycle of Biomass equipment and its renovation. TEM Journal: Technology, Education, Management, Informatics 9 (4), 1419-1425.
Uwagi
Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2021).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-19f52747-2ecc-45b7-b41d-e8b6e72f54c2
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