Detail práce

Natural gas in the EU: An empirical study of price determinants in the age of blooming shale gas and LNG exports

Autor: Mgr. Zankoo Abbaspour
Rok: 2020 - zimní
Vedoucí: prof. Ing. Evžen Kočenda M.A., Ph.D., DSc.
Konzultant:
Typ práce: Diplomová
MEF
Jazyk: Anglicky
Stránky: 70
Ocenění:
Odkaz:
Abstrakt: This paper forecasts day-ahead prices of Title Transfer Facility Gas Hub, Europe’s most
liquid gas market, by employing a comprehensive list of autoregressive and regionalized
fundamental variables. Using a dataset containing daily data for the period 2018-2019, we
estimate two specifcations using Extreme Gradient Boosting Algorithm. We fnd that yearly
differentials in flling rate of European underground gas storage to carry signifcant
information gain. Our results also confrm short term inertia in the price.

Partneři

Deloitte

Sponzoři

CRIF
McKinsey
Patria Finance