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Original Paper

UDC 338.517© O.V. Zonova, M.K. Kumaneeva, O.B. Sheveleva, 2023

ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2023, № 5, pp. 90-95

DOI: http://dx.doi.org/10.18796/0041-5790-2023-5-90-95




Zonova O.V.1, Kumaneeva M.K.1, Sheveleva O.B.1

1T.F. Gorbachev Kuzbass State Technical University (KuzSTU), Kemerovo, 650000, Russian Federation

Authors Information

Zonova O.V.,PhD (Economic), Associate Professor of the Department of Finance and Credit, e-mail: zov.fk@kuzstu.ru

Kumaneeva M.К.,PhD (Economic), Associate Professor of the Department of Finance and Credit, e-mail: kmk.fk@kuzstu.ru

Sheveleva O.B.,PhD (Economic), Associate Professor of the Department of Finance and Credit, e-mail: shob.fk@kuzstu.ru.ru


The issue of coal pricing is one of the key and, to a large extent, defining for the entire fuel and energy complex of Russia, both due to the seriousness of the potential consequences of price turbulence, and due to the impact of prices on the competitiveness of the entire industry. The issue of pricing for energy carriers is traditionally considered from the position of multifactoriality. However, in modern conditions, a combination of factors that do not have an economic nature significantly deforms the market pricing mechanism and, as a result, leads to global uncertainty. This article attempts to consider the current problems of multi-factorial pricing in the energy market. To solve the questions posed in the article, the authors put forward a hypothesis about the primacy of the dynamics of the cost of oil in determining world prices for gas and coal. To test the hypothesis, a predictive model was built that characterizes the dependence of a quantitative variable on the analyzed factors. The study resulted in a comprehensive analysis of factors of various nature that determine the trends in modern energy pricing.


Coal industry, Energy resources, Pricing, Restrictions, Factors.


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For citation

Zonova O.V., Kumaneeva M.K. & Sheveleva O.B. The factors of modern pricing in the energy market. Ugol’, 2023, (5), pp. 90-95. (In Russ.). DOI: 10.18796/0041-5790-2023-5-90-95.

Paper info

Received Jenuary 9, 2023

Reviewed March 15, 2023

Accepted April 27, 2023


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