The impact of emission allowance prices on electricity prices in the Czech Republic
| Thesis title: | Vliv cen emisních povolenek na ceny elektřiny v České republice |
|---|---|
| Author: | Bartoň, Zdeněk |
| Thesis type: | Bakalářská práce |
| Supervisor: | Taylor, Nikola Magdalena |
| Opponents: | Máslo, Lukáš Augustin |
| Thesis language: | Česky |
| Abstract: | Cílem této bakalářské práce je analyzovat vliv cen emisních povolenek na ceny silové elektřiny v České republice v letech 2015–2025. Práce se zaměřuje na teoretické ukotvení trhů s elektřinou a emisními povolenkami v kontextu ekonomické teorie a jejich vzájemné interakce. Empirická část využívá statický a dynamický model ke kvantifikaci vztahu mezi cenami emisních povolenek a cenami elektřiny v ČR a identifikuje další klíčové faktory ovlivňující cenotvorbu na trhu s elektřinou. Výsledky analýzy potvrzují výzkumnou hypotézu a ukazují, že dlouhodobá elasticita ceny elektřiny vůči cenám povolenek se ve sledovaném období pohybuje v rozmezí 0.26–0.30. |
| Keywords: | Emisní povolenky; EUA; Ceny elektřiny; Energetický trh; ARDL model; Časové řady; OLS; EU ETS |
| Thesis title: | The impact of emission allowance prices on electricity prices in the Czech Republic |
|---|---|
| Author: | Bartoň, Zdeněk |
| Thesis type: | Bachelor thesis |
| Supervisor: | Taylor, Nikola Magdalena |
| Opponents: | Máslo, Lukáš Augustin |
| Thesis language: | Česky |
| Abstract: | The objective of this bachelor's thesis is to analyze the impact of emission allowance prices on electricity prices in the Czech Republic during the period 2015–2025. The thesis focuses on the theoretical framework of electricity and emission allowance markets in the context of economic theory and their mutual interactions. The empirical part employs both static and dynamic models to quantify the relationship between emission allowance prices and electricity prices in the Czech Republic and to identify other key factors influencing electricity price formation. The analysis results confirm the research hypothesis and indicate that the long-term elasticity of electricity prices concerning emission allowance prices ranges between 0.26 and 0.30 during the observed period. |
| Keywords: | EUA; Emission allowances; Energy market; EU ETS; Electricity prices; Time series; ARDL model; OLS |
Information about study
| Study programme: | Ekonomie |
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| Type of study programme: | Bakalářský studijní program |
| Assigned degree: | Bc. |
| Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
| Faculty: | Faculty of Economics |
| Department: | Department of Economics |
Information on submission and defense
| Date of assignment: | 7. 3. 2025 |
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| Date of submission: | 19. 5. 2025 |
| Date of defense: | 16. 6. 2025 |
| Identifier in the InSIS system: | https://insis.vse.cz/zp/91836/podrobnosti |