Regional wood chip quality parameters decomposition and price linkage with impact on Polish energy sustainability: Time frequency analysis between 2013 and 2019
Michal Čermák,
Jitka Malaťáková,
Jan Malaťák,
Monika Aniszewska,
Arkadiusz Gendek
Affiliations
Michal Čermák
Department of Eonomics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21, Prague Czech Republic; Corresponding author. Department of Economics, Faculty of Eonomics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21 Prague, Czech Republic
Jitka Malaťáková
Department of Eonomics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21, Prague Czech Republic
Jan Malaťák
Department of Technological Equipment of Buildings, Faculty of Engineering, Czech University of Life Sciences Prague, Kamýcká 129, 165 21 Prague, Czech Republic
Monika Aniszewska
Department of Biosystems Engineering, Institute of Mechanical Engineering, Warsaw Uniwersity of Life Sciences, Nowoursynowska 164, 02-787 Warszawa, Poland
Arkadiusz Gendek
Department of Biosystems Engineering, Institute of Mechanical Engineering, Warsaw Uniwersity of Life Sciences, Nowoursynowska 164, 02-787 Warszawa, Poland
The study aims to analyze and decompose the qualitative parameters of wood chips in Poland. The European Green Deal brings the new framework to support sustainability and elimination of emissions. The Wavelet coherence and Wavelet Discrete Decomposition are used for determination of relations among significant qualitative parameters. Thus, the possible uses are discussed. For the obvious relationship between moisture and calorific value there is evidence of strong correlation. The behaviour of these interrelations are different at frequencies in the long and short time. The wood chip price is inter-transmitter from moisture parameter to calorific value in a positive (in-phase) relationship. At both low and high frequencies there is evidence that the variables of moisture and calorific value are highly correlated. The transient effect of linkage is presented at values between 0.1 and 0.3 in coherence map. The empirical findings provide implication for local producers and policymakers.
