2021
DOI: 10.3390/en14165210
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Risk Management Scenarios for Investment Program Delays in the Polish Power Industry

Abstract: The introduction of the Green Deal in 2019 by the European Commission poses a significant challenge for EU member states whose power generation is based primarily on fossil fuels. In Poland, nearly 80% of the electricity is produced from fossil fuels. This paper presents an analysis of the risks related to the delays in the accomplishment of investment programs in the Polish power industry. Three scenarios were prepared for balancing the deficiency of about 3 GW of power and 20 TWh of electricity in the nation… Show more

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Cited by 17 publications
(13 citation statements)
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“…The term "blackout" is used to describe a sudden and severe failure of the power system, resulting in a loss of electricity over a large area. Usually, a blackout is understood as a prolonged power outage, even for several days [3,4]. The main causes of blackouts are as follows:…”
Section: Introductionmentioning
confidence: 99%
“…The term "blackout" is used to describe a sudden and severe failure of the power system, resulting in a loss of electricity over a large area. Usually, a blackout is understood as a prolonged power outage, even for several days [3,4]. The main causes of blackouts are as follows:…”
Section: Introductionmentioning
confidence: 99%
“…Moreover, carbon dioxide capture, utilisation and storage (CCUS) belongs to the technologies that can play an important role in achieving global energy and climate goals (IEAGHG, 2017;Smoliński et al, 2021;Tokarski et al, 2021). CCUS involves CO 2 capture from large emission sources, including power plants or industrial facilities that use fossil fuels or biomass as fuel; CO 2 can also be captured directly from the atmosphere.…”
Section: Introductionmentioning
confidence: 99%
“…The availability and recognition of suitable geological formations and structures for underground CO 2 storage still remain the key factors which limit the possibility of using CCS technology in climate plans. The selection of a suitable underground geological formation for permanent CO 2 storage must be preceded by a detailed characterisation and assessment of the potential storage reservoir and the surrounding rock mass (Buscheck et al, 2012;Tokarski et al, 2021). The characterisation of the dynamic behaviour of carbon dioxide stored in the rock mass is an important step in the process of evaluating a potential CO 2 reservoir (Kumar et al, 2020).…”
Section: Introductionmentioning
confidence: 99%
“…The assumptions of the idea of sustainable development and the efficient use of resources are implemented in many cement plants in Poland and around the world through the partial substitution of clinker in cement with raw materials of anthropogenic origin (such as ground blast furnace slag from iron ore production [2,3], fly ash from coal power plants [4], or gypsum waste [5]), and the use of alternative energy sources (i.e., fuel from waste instead of high-emission fossil fuels) [6][7][8][9]. Waste management is one of the most significant challenges of the modern world due to the amount of waste generated and its complex and unstable composition [10,11].…”
Section: Introductionmentioning
confidence: 99%