Data Mining Tools for Analysis of Dependence of Gas Consuption of the Gas Price for Housholds of the EU Memberd-States

Abstract

The current crisis in the European natural gas industry, caused by the effects of the COVID-19 pandemic, extreme weather conditions, recent frequent accidents at gas plants around the world and speculation in the emissions market has actualized the problem of turning data into useful information and knowledge that can support decision-making. In this article, we used associative rules to identify non-obvious associative links in terms of pre-crisis empirical data (January 2013 - June 2021) between gas consumption and gas prices for EU Members. The results obtained can be useful in shaping an effective pricing policy in the European Union gas market and in regulating of household gas consumption