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Energy Security of Poland and Coal Supply: Price Analysis

Author

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  • Honorata Nyga-Łukaszewska

    (SGH Warsaw School of Economics, Al. Niepodleglosci 162, 02-554 Warsaw, Poland)

  • Kentaka Aruga

    (Graduate School of Humanities and Social Sciences, Saitama University, 255 Shimo-Okubo, Sakura-ku, Saitama 338-8570, Japan)

  • Katarzyna Stala-Szlugaj

    (Mineral and Energy Economy Research Institute, Polish Academy of Sciences; ul. Wybickiego 7A, 31-261 Cracow, Poland)

Abstract

Energy security is one of the most intensely debated topics. Majority of papers treat the issue from the hydrocarbon market perspective, but this research focuses on the coal market broken into two specific market segments: heating and electricity production. Using the case of Poland as an example, we conduct a cointegration analysis between the coal and natural gas markets. The study uses monthly data from 2011 until the beginning of 2019. Our results show that the Polish electricity sector is more connected to the international coal market than it is to the natural gas market, while the heating sector, despite using insignificant quantities of imported coal, is more connected to the natural gas market. Hence, energy security—in its price dimension—in those two market segments differs. This situation has important policy implications. First, energy policy should take this difference into account, and second, such variation implies that different market tools should be used in those market segments.

Suggested Citation

  • Honorata Nyga-Łukaszewska & Kentaka Aruga & Katarzyna Stala-Szlugaj, 2020. "Energy Security of Poland and Coal Supply: Price Analysis," Sustainability, MDPI, vol. 12(6), pages 1-18, March.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:6:p:2541-:d:336236
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    References listed on IDEAS

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    Cited by:

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    2. Sylwia Mrozowska & Jan A. Wendt & Krzysztof Tomaszewski, 2021. "The Challenges of Poland’s Energy Transition," Energies, MDPI, vol. 14(23), pages 1-22, December.
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    5. Wiktor Hebda, 2021. "The North-South Gas Corridor in the Context of Poland’s Gas Transmission System—A Perfect Opportunity to Diversify Gas Resources," Energies, MDPI, vol. 14(21), pages 1-21, November.
    6. Ewelina Kochanek, 2021. "The Energy Transition in the Visegrad Group Countries," Energies, MDPI, vol. 14(8), pages 1-13, April.
    7. Piotr Bórawski & Aneta Bełdycka-Bórawska & Lisa Holden, 2023. "Changes in the Polish Coal Sector Economic Situation with the Background of the European Union Energy Security and Eco-Efficiency Policy," Energies, MDPI, vol. 16(2), pages 1-17, January.
    8. Jarosław Brodny & Magdalena Tutak & Saqib Ahmad Saki, 2020. "Forecasting the Structure of Energy Production from Renewable Energy Sources and Biofuels in Poland," Energies, MDPI, vol. 13(10), pages 1-31, May.
    9. Piotr Bórawski & Aneta Bełdycka-Bórawska & Lisa Holden & Tomasz Rokicki, 2022. "The Role of Renewable Energy Sources in Electricity Production in Poland and the Background of Energy Policy of the European Union at the Beginning of the COVID-19 Crisis," Energies, MDPI, vol. 15(22), pages 1-17, November.
    10. Kałuża, Tomasz & Hämmerling, Mateusz & Zawadzki, Paweł & Czekała, Wojciech & Kasperek, Robert & Sojka, Mariusz & Mokwa, Marian & Ptak, Mariusz & Szkudlarek, Arkadiusz & Czechlowski, Mirosław & Dach, J, 2022. "The hydropower sector in Poland: Barriers and the outlook for the future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 163(C).
    11. Xiaoqing Huang & Xiaoyong Lu & Yuqi Sun & Jingui Yao & Wenxing Zhu, 2022. "A Comprehensive Performance Evaluation of Chinese Energy Supply Chain under “Double-Carbon” Goals Based on AHP and Three-Stage DEA," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    12. Abdul Rehman & Magdalena Radulescu & Laura Mariana Cismaș & Cristian-Mihai Cismaș & Abbas Ali Chandio & Smaranda (Toma) Simoni, 2022. "Renewable Energy, Urbanization, Fossil Fuel Consumption, and Economic Growth Dilemma in Romania: Examining the Short- and Long-Term Impact," Energies, MDPI, vol. 15(19), pages 1-18, September.
    13. Dariusz Knez & Omid Ahmad Mahmoudi Zamani, 2023. "Up-to-Date Status of Geoscience in the Field of Natural Hydrogen with Consideration of Petroleum Issues," Energies, MDPI, vol. 16(18), pages 1-17, September.
    14. Aurelia Rybak & Aleksandra Rybak, 2021. "Methods of Ensuring Energy Security with the Use of Hard Coal—The Case of Poland," Energies, MDPI, vol. 14(18), pages 1-25, September.

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