An Analysis of Risks and Challenges to the Polish Power Industry in the Year 2024

Stanisław Tokarski, Małgorzata Magdziarczyk and Adam Smoliński ()
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Stanisław Tokarski: Central Mining Institute, Plac Gwarkow 1, 40-166 Katowice, Poland
Małgorzata Magdziarczyk: Faculty of Economics and Management, Opole University of Technology, ul. Luboszycka 7, 45-036 Opole, Poland
Adam Smoliński: Central Mining Institute, Plac Gwarkow 1, 40-166 Katowice, Poland

Energies, 2024, vol. 17, issue 5, 1-12

Abstract: The green transition is a challenge for the Polish economy and energy sector. In this paper, the expert method of analysis was applied and findings revealed that the challenges and prerequisites for an effective transformation of the power sector mainly include technical, technological and organizational issues of energy production and use. The provision of electricity at competitive prices and with a low carbon footprint, for individual consumers and industry, is a prerequisite for maintaining the well-being of the population and ensuring the competitiveness of domestically produced goods. The ambitious climate policy goals of the European Union require immediate action and call for radical changes in the Polish energy sector; in the coming years, it must drastically reduce the amount of energy produced from fossil fuels and replace it with so-called green energy from renewable sources. The main purpose of this article was to highlight the need to modify Poland’s energy policy until 2040 in order to make it more consistent with the ambitious climate goals of the European Union. This article also shows that Poland’s energy transition must include a shift from fossil fuels to renewables, while ensuring that energy security is stabilized by the current energy and generation resources. To this end, we discuss the issues of creating reserves in the national energy system for the entire period of Poland’s energy transition.

Keywords: energy sector; transformation; energy policy; electricity generation; renewable sources (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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