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WORLD PEAT MARKET: CORRELATION AND ELASTICITY FUEL PEAT PRICES (PART 4)

DOI: 10.46573/2409-1391-2023-2-99-108

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Authors

T.B. Yakonovskaya

Abstract

The article assesses the competitiveness of peat in the world market of interchangeable fuel and energy resources. Graphs are given that reflect the dynamics of fluctuations in the weighted average price for the main fuel and energy resources presented on the world market. Correlation and elasticity of weighted average prices for fuel and energy resources are carried out. As a conclusion, a hypothesis is put forward about the relationship between prices for resources in the fuel segment of the world market.

Keywords

peat, fuel resources, weighted average prices, correlation, elasticity, world market, energy crisis, coal, oil, gas, fuel and energy segment, biofuels, liquid fuels, solid fuels, renewable energy sources, «carbon» tax, carbon neutral economy.