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Search results for: energy prices
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Predicting the Purchase of Electricity Prices for Renewable Energy Sources Based on Polish Power Grids Data Using Deep Learning Models for Controlling Small Hybrid PV Microinstallations
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FORECASTING ELECTRICITY PRICES IN POLAND
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Analysis of Factors Influencing the Prices of Tourist Offers
PublicationTourism is a significant branch of many world economies. Many factors influence the volume of tourist traffic and the prices of trips. There are factors that clearly affect tourism, such as COVID-19. The paper describes the methods of machine learning and process mining that allow for assessing the impact of various factors (micro, mezzo and macro) on the prices of tourist offers. The methods were used on large sets of real data...
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Forecast of basic fuel prices in imports to Poland (constant prices in USD in 2007)
Open Research DataThis dataset presents price growth forecasts for conventional energy sources. It should be noted that the Ministry of Economy forecasts a more than two-fold increase in oil prices (although these forecasts may be greatly underestimated) over 23 years, an almost two-fold increase in natural gas prices and a 40% increase in coal prices.
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Data on LEGO sets release dates and worldwide retail prices combined with aftermarket transaction prices in Poland between June 2018 and June 2023
PublicationThe dataset contains LEGO bricks sets item count and pricing history for AI-based set pricing prediction. The data spans the timeframe from June 2018 to June 2023. The data was obtained from three sources: Brickset.com (LEGO sets retail prices, release dates, and IDs), Lego.com official web page (ID number of each set that was released by Lego, its retail prices, the current status of the set) and promoklocki.pl web page (the retail...
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Price Changes in Wholesale Market of Electrical Energy in Poland
PublicationThe article discusses the Price changes on the wholesale electricity market in Poland Moreover, The price levels on the futures electricity markets and the spot transactions market are presented. The impact of emission charges under the EU ETS on the price of electricity in the domestic market has been taken into consideration Furthermore, the basic determinants of the generation structure in Poland that influence the level of...
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Energy Security of Polish Consumers in 2004-2021
Open Research DataEnergy security is one of the most important components of economic security. It is influenced not only by access to energy sources and the economic situation of the state and the individual consumer. In the years 2004–2021, energy security of the individual consumer in the economic dimension significantly improved. This was due to several factors:1....
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One Europe, one product, two prices - the price disparity in the EU
PublicationThe price dispersion in the European Union in the last fifteen years (1990-2005) is analysed. The analysis of price convergence is examined on aggregate and disaggregate levels. The macro approach is based on Comparative Price Level index calculated as the ratio between PPPs and exchange rate. The disaggregate analysis utilizesactual prices of 148 individual products sold in the 15 capital cities of the EU. The calculations comprise...
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Optimisation of cooperation of hybrid renewable energy sources with hydrogen energy storage toward the lowest net present cost
PublicationThe paper presents the results of a technical and economic analysis of the power supply for a model industrial facility based on intermittent renewable energy sources in the form of wind turbines and photovoltaic modules, supplemented with hydrogen energy storage. The adopted power supply strategy assumed the maximisation of self-consumption of self-produced electricity. Six variants were considered, including two with an energy...
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Household Ability of Expenditures on Electricity and Energy Resources in the Countries That Joined the EU after 2004
PublicationThe purpose of the following article is to present the situation of the energy market from a household perspective between 2010 and 2020 in selected EU countries (the group of member states which joined EU after 2004). The selected countries when joining the EU had similar economic indicators and to some extent were similar in other macro-economic situations (personal income, unemployment rate, GDP level and annual growth). This...
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Can Web Search Queries Predict Prices Change on the Real Estate Market?
PublicationThis study aims to explore whether the intensity of internet searches, according to the Google Trends search volume index (SVI), is a predictor of changes in real estate prices. The motivation of this study is the possibility to extend the understanding of the extra predictive power of Google search engine query volume of future housing price change (shift direction) by (i) the introduction of a research approach that combines...
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20+ years of Polish residential real estate prices – a house price index proxy
PublicationInformation on house prices is often considered crucial when assessing developments in economy. However, in Poland for the long time house prices haven’t been tracked in an organized manner. Recent developments, most notably house price indices developed by Poland’s national bank and by the statistical office do not go back more than 10 years, therefore data series are relatively short compared to those of other macroeconomic data. In...
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Client’s Expectations vs Contractor’s Pricing. Fair Prices or Bid Rigging
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3D Modeling of Discontinuity in the Spatial Distribution of Apartment Prices Using Voronoi Diagrams
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Ukrainian Market of Electrical Energy: Reforming, Financing, Innovative Investment, Efficiency Analysis, and Audit
PublicationThe aim of this research is to determine the influence of electrical energy market regulation reform in Ukraine on the competitive environment, the reproduction processes of financial and innovative support, and the energy efficiency of the national economy. The authors have put forward and verified the hypothesis that, under conditions of institutional maturity of the Ukrainian electrical energy market, its liberalization and...
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AC-DC-DC Converter for Small Power Energy Storage Systems
PublicationThe energy transformation driven by the development of renewable energy sources has become a reality for all power grid users. Prosumer energy, primarily utilizing photovoltaic installations, is one of the fastest-growing market segments. The advancement of technology, a decrease in electrochemical energy storage prices, and changes in the legal framework governing energy billing for grid-fed power have led to a growing interest...
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Dependence of Housing Real Estate Prices on Inflation as One of the Most Important Factors: Poland’s Case
PublicationThe study aimed to examine the impact of inflation on the real estate market using Polish panel data for the last 13 years. It is based on a panel model, where price changes of one square meter of housing are determined as a function in changes of inflation, the central bank's base rate, dwellings built, as well as new mortgage loans. The quarterly dynamics of the average price of 1 square meter of housing in...
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Ukraine’s Energy Security in Strategies
PublicationDuring the independence period, the Ukrainian government has published two energy security strategies. The first strategy was adopted in 2006 and the second one in 2016. Both documents provided a similar definition of energy security. The aims of the first strategy, covering the period 2006–2030, were the restructuring of the fuel and energy complex using new technologies, increase of energy efficiency and ensuring market prices...
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Multiaspect measurement analysis of breaking energy recovery
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest, which is connected both with a growth of environmental awareness in the society and an increase in the prices of fuel and electricity. That is why the reduction of energy consumption by increasing electrified urban transport, such as trams, trolleybuses, light rail and underground is becoming an increasingly important issue. Energy...
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The impact of the overhead line's power supply system spatial differentiation on the energy consumption of trolleybus transport: planning and economic aspects
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest, which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by reducing of the transmission losses in supply system or by the improving of the usage of the regenerative breaking. The spatial differentiation of the energy supply system of...
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Improvements and Spatial Dependencies in Energy Transition Measures
PublicationThis article aims to improve one of the newest energy transition measures—the WorldEconomic Forum WEF Energy Transition Index (ETI) and find its driving forces. This paper proposesa new approach to correct the ETI structure, i.e., sensitivity analysis, which allows assessing theaccuracy of variable weights. Moreover, the novelty of the paper is the use the spatial error modelsto estimate determinants of the energy transition on...
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Energy Yield Generated by a Small Building Integrated Photovoltaic Installation
PublicationIn the recent years photovoltaic (PV) industry has experienced a major growth, caused by the ever present annual decrease in module production prices and the expanding awareness of the general public in terms of renewable energy. There are numerous ways to implement PV modules as an additional energy source for a building, be it mounted on the rooftop, or building integrated (BIPV). An analysis of BIPV consisting of 8 modules with...
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Spatial Aspects of Tram and Trolleybus Supply System
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by reducing of the transmission losses in supply system or by the improving of the usage of the regenerative breaking. The spatial differentiation of the energy supply system of...
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Transformation of Energy Markets: Description, Modeling of Functioning Mechanisms and Determining Development Trends
PublicationOne of the key contemporary economic and social issues today is the global energy transition. Energy transition processes are having a significant impact on the development of world economies, increasing their TFP and leading to an increase in their level of innovation through the transfer of myriad new technologies. These processes also contribute to an increase in foreign direct investment and, consequently, an increase in the...
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SMART GRID TECHNOLOGIES IN ELECTRIC POWER SUPPLY SYSTEMS OF PUBLIC TRANSPORT
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest, which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by reducing the transmission losses in a supply system or by the improving the usage of the regenerative breaking. The article presents an analysis of applying these two options...
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SMART GRID TECHNOLOGIES IN ELECTRIC POWER SUPPLY SYSTEMS OF PUBLIC TRANSPORT
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by reducing of the transmission losses in supply system or by the improving of the usage of the regenerative breaking. The article presents an analysis of applying these two options...
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Optimization of combined heat and power (CHP) market allocation: The case of Poland
PublicationCombined heat and power (CHP), that is production of electricity and useful heat in a single thermodynamic process, is a way of primary energy saving and emission reduction. Therefore, promotion of the electricity from high-efficiency cogeneration (CHP-E) was encouraged in the European Union. However, CHP-E promotion mechanisms proved low effectiveness in certain countries, like Poland, where the prices of certificates of origin...
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Technical and economic analysis of energy storage in the compressed air technology with low capacity for the production plant
PublicationCompressed air energy storage (CAES) system is a promising technology due to its numerous advantages, including relatively low maintenance cost, a long lifespan and high operational flexibility. This article explores the possibility of designing a CAES power plant as a source of electricity and heat for an existing industrial plant. The study involves the technical analysis of the power plant parameters and the economic analysis...
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MEASUREMENT AND ANALYSIS OF TRANSMISSION LOSSES IN THE SUPPLY SYSTEM OF ELECTRIFIED TRANSPORT
PublicationThe issue of electric energy saving in public transport is currently becoming a key area of interest, a fact connected with both an increase in society’s environmental awareness and a rise in the prices of fuel and electricity. Electricity can be saved by reducing transmission losses in the supply system. The article presents a method of measurement and analysis of transmission losses in the supply system of electrified public transport...
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Financial Consequences of the Introduction of the Fit For 55 on the Example of Poland
PublicationIn Europe and in Poland, there is a growing conviction that climate action is a necessity. When creating long-term strategies or making current decisions, companies are increasingly taking into account issues related to sustainable development and reducing CO2 emissions. Following the signing of the Paris Agreement in 2015, countries around the world pledged to reduce greenhouse gas emissions by 2050 so that the average temperature...
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Techno-economic evaluation of combined cycle gas turbine and a diabatic compressed air energy storage integration concept
PublicationMore and more operational flexibility is required from conventional power plants due to the increasing share of weather-dependent renewable energy sources (RES) generation in the power system. One way to increase power plant’s flexibility is integrating it with energy storage. The energy storage facility can be used to minimize ramping or shutdowns and therefore should lower overall generating costs and CO2 emissions. In this article,...
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Katalizatory wykorzystywane w syntezie biodiesla
PublicationRising prices of electricity, conventional fuels and heating require decisive steps in the further development of technologies based on renewable energy sources. These include geothermal-; hydrothermal-; aerothermal-; and solar energy. Due to the fact that the petrochemical industry is one of the fastest growing branches of the economy, we would like to expand on the topic related to biofuels. Biodiesel is an alternative fuel similar...
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Medium-Voltage Drives: Challenges and existing technology
PublicationThe article presents an overview of state-of-art solutions, advances, and design and research trends in medium-voltage (MV) drive technologies - and also discusses the challenges and requirements associated with the use of such drives. The choice and deployment of MV drives in industries are associated with numerous requirements related to the front-end converter (grid side) and inverter (machine side). The focus is on solutions...
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Analysis of Investments in RES Based on the Example of Photovoltaic Panels in Conditions of Uncertainty and Risk—A Case Study
PublicationThe aim of this study is to examine the profitability of investment in a photovoltaic microinstallation, to analyze the impact of legal changes on its profitability, and to perform a sensitivity analysis of the investment profitability to energy price changes. The novelty of the research applies to the financial analysis of two legal systems of discount called net-metering and net-billing. The two systems and the change in energy...
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SMART GRID TECHNOLOGIES IN ELECTRIC POWER SUPPLY SYSTEMS OF PUBLIC TRANSPORT
PublicationNowadays the issue of electric energy saving in public transport is becoming a key area of interest which is connected both with a growth in environmental awareness of the society and an increase in the prices of fuel and electricity. It can be achieved by improving the usage of regenerative breaking. In 2016 the Przedsiębiorstwo Komunikacji Trolejbusowej (PKT, Trolleybus Transport Company) in Gdynia began practical implementation...
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Modelling long-term technological transition of Polish power system using MARKAL: Emission trade impact
PublicationThe need for technological transition of electricity production becomes a global problem. However, in coal-dominated Polish power system this need is even more crucial than anywhere, since technical lifetime of the most domestic power plants is ending. In this paper, the impact of the EU Emission Trading Scheme (EU ETS) for CO2 combined with sulfur dioxide (SO2) and nitrogen oxides (NOx) emission trading mechanism on power technology...
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Modelling of the Polish Electricity Generation Subsystem in MARKAL Program with Emphasis on the EU Emissions Trading Scheme
PublicationThis paper addresses issues related to greenhouse gas emissions in the European Union and measures to reduce them, in particular the European Emissions Trading Scheme (EU ETS). A model of the Polish electricity generation subsystem, taking into account EU ETS mechanisms, has been developed using the MARKAL optimization package. Data collected on the basis of available projects, regulations and statistics were entered into the model....
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Novel Structures and Applications of Graphene-Based Semiconductor Photocatalysts: Faceted Particles, Photonic Crystals, Antimicrobial and Magnetic Properties
PublicationGraphene, graphene oxide, reduced graphene oxide and their composites with various compounds/materials have high potential for substantial impact as cheap photocatalysts, which is essential to meet the demands of global activity, offering the advantage of utilizing “green” solar energy. Accordingly, graphene-based materials might help to reduce reliance on fossil fuel supplies and facile remediation routes to achieve clean environment...
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Composite as a Material of the Future in the Era of Green Deal Implementation Strategies
PublicationComposite materials have become synonymous with modernity, desired in nearly every aspect of our daily lives, from simple everyday objects to sanitary facilities, pipelines, the construction of modern sewer networks, their renovation, water supply, and storage reservoirs, to complex structures—automotive, planes, and space science. Composites have seen a considerable rise in attention owing to their characteristics, durability,...
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Modelling of residential sales price with kriging using different distance metrics in different correlation functions
PublicationThe modelling and estimation of sales prices based on economical conditions are important for housing sector especially in developing countries. Analysts are focused on the subject to analyze price movements and estimate the future trend of the sales prices for housing sector. In this study, we tried to generate a robust and efficient model related to the subject. Firstly, we investigated economic variables affecting housing sales...
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Network effects—do they matter for digital technologies diffusion?
PublicationPurpose The main research target of this paper is to capture the network effects using the case of mobile cellular telephony, identified in European telecommunication markets, and its determinants enhancing the process of digital technologies diffusion. Design/methodology/approach This research relies on panel and dynamic panel regression analysis. The empirical sample covers 30 European countries, and the period for the analysis...
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An Evaluation Engine for Dynamic Ranking of Cloud Providers
PublicationThe paper focuses on creation of an effective dynamic ranking service for IaaS, PaaS and SaaS cloud providers. It considers building a quality model for this purpose along with definition of quality measure- ment procedures. The paper discusses several techniques known from already existing price comparison engines that could be modified and adopted for comparison of cloud providers. A technique for filtering measured data is proposed,...
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Adaptive prediction of stock exchange indices by state space wavelet networks
PublicationThe paper considers the forecasting of the Warsaw Stock Exchange price index WIG20 by applying a state space wavelet network model of the index price. The approach can be applied to the development of tools for predicting changes of other economic indicators, especially stock exchange indices. The paper presents a general state space wavelet network model and the underlying principles. The model is applied to produce one session...
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Stock price reactions to an arrangement approval in restructuring proceedings – the case of Poland
PublicationThe study aims to empirically analyze the reaction of stock prices to the information about the conclusion and acceptance of a debtor–creditor arrangement under restructuring proceedings of companies listed on the stock exchange in Poland. The following main research hypothesis was verified: public disclosure of information about an arrangement conclusion and acceptance in restructuring proceedings...
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Price convergence in the EU-an aggregate and disaggregate approach
PublicationThis article examines the price dispersion in the European Union (EU) over 15 years (1990-2005). An extensive overview of the literature offers inconclusive results with the half-lives of price shocks from 2.8 to 282 months. Until now, most of the empirical research has been either micro or macro based. In contrast, we conducted a complex analysis utilizing both aggregate and disaggregate price data. The macro approach is based...
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DESIGN ANALYSIS OF HYBRID GAS TURBINE - FUEL CELL POWER PLANT IN STATIONARY AND MARINE APPLICATIONS
PublicationThe paper concerns design analysis of a hybrid gas turbine power plant with a fuel cell (stack). The aim of this work was to find the most favorable variant of the medium capacity (approximately 50 MW) hybrid system. In the article, computational analysis of two variants of such a system was carried out. The analysis let to calculate capacity, efficiency of both variants and other parameters like flu gas temperature. The paper...
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Law regulation in Poland related to biofuels
PublicationThe situation in the area of using biofuels in transport mostly the law aspects was presented and discussed. In Poland there are various legal issues with biofuel production, examination and use. These include among the others: quality inspection, production costs and market prices of biofuels, forms of public and legal service for biofuel producers or programs of biofuels promotion. In order to popularise biofuels it is significant...
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Analysis of different tillage implements with respect to reduced fuel consumption, tractor operating speed and its wheel slippage
PublicationNowadays the prices of agricultural farm produced products are increasing with ant-speed and the prices of input for raising crops are increasing with rocket-speed. Therefore, there is a dire need to conduct some important studies to innovate the techniques which can lower the costs of crop production. In this context, this study was conducted to evaluate the consumption of fuel at different tillage implements, tractor operating...
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Znaczenie monopolizacji w postkeynesowskich teoriach cenotwórstwa
PublicationArtykuł jest teoretyczną podstawą empirycznych analiz cen prowadzonych zgodnie z ekonomią postkeynesowską. Postkeynesiści, ze względu na krytyczny realizm jako metodologiczną podstawę ekonomii postkeynesowskiej, wyróżniają trzy teorie ustalania ceny przez przedsiębiorstwa – ceny administrowane (administered proces), cenotwórstwo oparte na kosztach normalnych (normal cost prices) i cenotwórstwo oparte na narzucie (mark up prices)....
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Price convergence in the European Union and in the new member states
PublicationThis paper examines price dispersion in the European Union (EU15) and in three New Member States (Poland, Hungary and the Czech Republic) between 1995 and 2006. The analysis utilizes both disaggregate and aggregate price data, including the prices of 157 products and two indices constructed using two different weighting procedures. For each category of goods the price dispersion is lower in EU15 than EU15 plus 3 NMS. Sigma convergence...