Analýza vývoje tržních cen obchodu se zemním plynem a elektřinou v České republice v letech 2011 až 2021

Abstract

This bachelor thesis focuses on a market analysis of the prices of electricity and natural gas in the Czech Republic between 2011 and 2021. In the first part, the author analyses global, European and regional markets as well as factors which influenced the prices of natural gas and electricity in the decade concerned and thus – due to the strong interconnectedness of the business relationships in this field – also the prices of natural gas and electricity in the Czech Republic. Global supply chain changes, economic growth, the exploitation of new deposits as well as several geopolitical events have all been identified as crucial factors. The second part provides basic characteristics of the electricity and natural gas markets in the Czech Republic, identifies the key market participants and analyses price developments between 2011 and 2021 in connection with contractual relationships with end consumers. This thesis also looks into pricing policy in the face of the changing retail market. Of the various methods of statistical analysis, regression analysis was the one primarily used to establish the strength of dependence of individual values.