2018
DOI: 10.1007/s11027-018-9786-z
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Impact assessment of climate policy on Poland's power sector

Abstract: This article addresses the impact of the European Union Emissions Trading System (EU ETS) on Poland’s conventional energy sector in 2008–2020 and further till 2050. Poland is a country with over 80% dependence on coal in the power sector being under political pressure of the European Union’s (EU) ambitious climate policy. The impact of the increase of the European Emission Allowance (EUA) price on fossil fuel power sector has been modelled for different scenarios. The innovation of this article consists in pro… Show more

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Cited by 32 publications
(15 citation statements)
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“…The I&S industry may in the future encounter a barrier of assessing to bank financing for high emission investments like it occurred in the power sector in coal-based technologies [ 142 , 143 ].…”
Section: Identification Of Barriers and Inducements Discussionmentioning
confidence: 99%
“…The I&S industry may in the future encounter a barrier of assessing to bank financing for high emission investments like it occurred in the power sector in coal-based technologies [ 142 , 143 ].…”
Section: Identification Of Barriers and Inducements Discussionmentioning
confidence: 99%
“…The development of renewable sources is supported by climate policy aimed at decarbonisation [70] and promoting sustainable development. In the last aspect, it should be emphasized that based on Regulation (EU) 2019/2088 of the European Parliament and of the Council [71], since March 2021, institutional investors (funds, banks and insurers), asset managers and financial advisors have been taking into account the risks for sustainable development in their investment decisions and advice, which will result in an increased interest in various forms of support for initiatives favouring mechanisms for efficient and sustainable use of energy resources, and thus also in balancing methods that promote the minimal loss-making use of energy from renewable sources by all groups of users.…”
Section: Next Step: Smart Prosumermentioning
confidence: 99%
“…Real benefits and costs of the energy transition should be fairly allocated to all stakeholders and communicated to society. The social costs and implications in coal-dependent regions may be high, especially in the short-term perspective, but then the transformation will bring profits to the whole society [69].…”
Section: Transformation Of Coal Mining Regionsmentioning
confidence: 99%