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Estimating Generalised Transport Costs of Road Freight Transportation in the Baltic Sea Region

This problem of estimating road transport costs in the Baltic Sea region is important for optimising cargo delivery expenses in local transportation and manufacturing sectors. The study incorporates a wider range of economic and logistical factors beyond the usual metrics of physical distance and travel time by using Generalised Transport Costs (GTC). Important factors like geodesic and road distances, travel times, fuel consumption, labor costs, tolls, and other overheads are identified. We utilise a unique dataset that analyses trips between centroids within each NUTS-2 region.The study confirms the GTC model by comparing calculated costs with established database values. Regression analysis uncovers key factors affecting transport costs, such as road distance, travel time, and tolls.Network analysis is used to map the routes in the region, focusing on finding paths that are both cost-effective and time-efficient. The analysis shows how small changes in routes can have a big impact on costs and efficiency.In conclusion, this thesis contributes to the knowledge of road freight transport costs in the Baltic Sea region, offering valuable insights for policymakers and logistics companies.

Author: Angelīna Ņekļudova

Supervisor: Francesco Maria Turno

Degree: Professional Bachelor

Year: 2024

Work Language: English

Alternative energy sources in Latvia and their impact on social well-being.

Rapid climate change as well as the geopolitical situation in the world are encouraging the spread and development of "green" energy sources not only at a national level but also in the household sector. This is why alternative energy sources have become increasingly popular in recent years.This study shows the use of alternative energy sources in Latvia and the Baltic States, their patterns, and development opportunities. The results of the analysis of the statistical databases of the Baltic countries show the trends towards alternative energy sources in recent years.The study has highlighted the importance of improving the energy efficiency of buildings alongside the increasing trend towards alternative energy sources and the support programs that have been set up for this purpose. This Research is based on plans, regulations, and laws to increase the use of alternative energy sources and reduce gas emissions.This study evaluates the impact of the development and deployment of alternative energy sources on households and the benefits they can gain.

Author: Roberts Andrejevs

Supervisor: Veronika Siliņeviča

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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