A Prediction Model for Spot LNG Prices Based on Machine Learning Algorithms to Reduce Fluctuation Risks in Purchasing Prices

The ongoing Russia–Ukraine conflict has exacerbated the global crisis of natural gas supply, particularly in Europe. During the winter season, major importers of liquefied natural gas (LNG), such as South Korea and Japan, were directly affected by fluctuating spot LNG prices. This study aimed to use...

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Bibliographic Details
Main Authors: Sun-Feel Yang, So-Won Choi, Eul-Bum Lee
Format: Article
Language:English
Published: MDPI AG 2023-05-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/11/4271