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STRATEGIC MANAGEMENT OF THE POLISH ENERGY INDUSTRY AS IT IS BEING SHAPED BY GLOBAL FACTORS

Date added: 2014-07-01
Type: Article
Languages: English

Author / authors

Marek Michalski

Marek Michalski

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Abstract

The Polish energy sector is shaped by a combination of regulations, especially those pertaining to environmen-­‐ tal protection, domestic and international energy resource availability and pricing of both renewable and non-­‐ renewable resources, as well as the economics of energy exploration, transport, refining, production, distribu-­‐ tion and final energy use. The article outlines the main global factors shaping the use of energy sources in Poland and in the world and proposes that strategic management of the Polish energy industry be based on minimizing the discounted unit social cost of final energy use as the criterion for optimizing decisions on choos-­‐ ing energy sources and conversion technologies

Keywords / Tags

Key words: energy, strategic management, energy resources, hydrocarbons, nuclear power, renewable energy

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