Naslov
Volatility of EUA prices and it's connection with the price of fossil fuels and electricity

Autori
Vulin, Domagoj ; Karasalihović Sedlar, Daria ; Arnaut, Maja ; Jukić, Lucija

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of The Third International Scientific Conference on Economics and Management EMAN 2019 - Economics & Management: How to Cope With Disrupted Times / - , 2019, 617-623

Skup
3rd International Scientific Conference on Economics and Management: How to Cope With Disrupted Times - EMAN 2019

Mjesto i datum
Ljubljana, Slovenija, 28.03.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Recenziran

Ključne riječi
price change ; price change volatility ; EUA

Sažetak
Prices of electricity, oil, and gas are analyzed with respect to statistical distribution of price change and volatility of price change. The best time window was determined to determine signal of price change in a such manner that the change of one parameter (i.e. price) precedes the change of the other with the expected time delay. Student's distribution has shown good matching with price changes. EUA price shows great variations, and strongly depends on the period. Back-loading of EUA prices issued by European Commission caused extreme drift in price making prediction of feasibility of long-term investments in Carbon Capture (Utilization) And Storage extremely unreliable.

Izvorni jezik
Engleski

Znanstvena područja
Rudarstvo, nafta i geološko inženjerstvo

POVEZANOST RADA