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Econometric Modelling of Natural Gas Consumption in the Electricity Sector in the Midwest Europe Region
 Kunc, Tomáš ; Michalíková, Eva (referee) ; Doubravský, Karel (advisor)
The thesis deals with econometric modeling of natural gas consumption within the electricity industry for the purpose of electricity production. The first part of the thesis focuses on theoretical foundations, describing the electricity market and econometric modeling, with a particular focus on regression analysis. In the analytical part, this knowledge is applied to the selection and adjustment of potential factors. As part of the proposed solution, a regression model is constructed that describes natural gas consumption in electricity production as a function of selected factors. The predictive ability of the model is verified using data from a testing period.
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