In this article, monthly and yearly electricity consumption predictions for the German power market were calculated using the multiple variable regression model. This model accounts for several factors that are often neglected when forecasting electricity demand in practice, in particular the role of the higher efficiency of electricity usage from year to year. The analysis performed in this paper helps to explain why no growth in power consumption has been observed in Germany during the last decade. It shows that the electricity efficiency usage dataset is a relevant input for the model, which mitigates the combined impact of other factors on the final electricity consumption. The electricity demand forecasting model presented in this article was built in the year 2013 with forecasts for the future years’ electricity demand in Germany provided until 2020. These forecasts and related findings are also evaluated in this article.

Tradition of beer industry in Slovakia takes origin in 19th century, when production of beer primarily appeared in this country. Slovaks love beer, which is confirmed by gradually increasing number of beer producing facilities. Production of beer has significant impact on development of Slovak economy, direct foreign investments, creation of new jobs, technology modernization etc. There are also many significant multinational corporations operating in Slovakia such as Heineken International, Topvar, Steiner and others. Significant revolution is going on also in the sector of small independent craft breweries in Slovakia. The objective of this paper is to emphasize the importance and impact of beer industry on Slovakian economy and to analyze advantages and disadvantages of the sector in this area.

This article aims to explain the impacts of increases in solar generation in Germany on intra-day electricity price and demand patterns during the last decade. Electricity demand sensitivity to the changes in price patterns is also analyzed. It is concluded that there is a clear relationship between the amount of solar generation and daily peak price premiums over the average daily price. With increased solar generation, peak hour electricity price premiums are gradually decreasing. This relation is even more visible during the summer months, with higher amount of solar power produced. However, demand response analysis to the changes in price patterns has provided less conclusive results. While, between years 2007 and 2013, demand clearly adjusted relatively higher, with relatively lower peak prices, more recent periods haven't fully confirmed this trend. Some theories explaining the possible reasons for this fact are also presented in the article.Keywords: Electricity Price, Renewable Generation, Demand ResponseJEL Classifications: Q41, Q42DOI: https://doi.org/10.32479/ijeep.7067

This work analyses the structure of foreign workforce in Slovakia by job category and country of origin. The foreign employees were divided into 9 job categories by level of sophistication ranging from leading workforce in organizations to auxiliary and unskilled workers. It has been found that the majority of employees in more sophisticated job categories are coming to Slovakia from larger and more developed economies, while those less sophisticated positions in Slovakia are mostly filled with Romanian, Hungarian and Ukrainian nationals. A very important role in almost all categories, irrespective of proficiency level, is played by nationals from The Czech Republic. This shows that close economic ties between The Czech Republic and Slovakia are reflected also on the labor market. The findings of this study have important implications for the labor market in Slovakia, as it has been shown in many research studies so far, that immigrant labor composition impacts various labor market variables.