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The aim of the paper is to develop, evaluate and compare forecasting models for the market price of steam coal. Since 88% of electrical energy in Poland is obtained from coal, which additionally constitutes over 50% of its production costs, the authors investigated the possibility of forecasting steam coal prices. Forecasting will refer to Russian export coal price in the Baltic ports, as there is...
Safety and development of a country depends on its capability to provide the energy it needs. So far the majority of energy has been obtained from non-renewable sources, i.e. crude oil, natural gas and steam coal. The aim of the article is to present the relations between the prices of the most important primary fuels on the European market in the period between October 2001 and May 2011. Causality...
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