2021
DOI: 10.3390/en14237843
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Capacity Market and (the Lack of) New Investments: Evidence from Poland

Abstract: Capacity remuneration mechanisms operate in many European countries. In 2018, Poland implemented a centralized capacity market to ensure appropriate funding for the existing and new power generation units to improve long-term energy security. One of the declarations made while the mechanism was deployed was its beneficial influence on incentives for investments in new units. In this context, this paper aims to analyze the effects of the capacity mechanism adopted for investments in new power generation units t… Show more

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Cited by 25 publications
(18 citation statements)
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References 29 publications
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“…In the case of the other cities, the analysed documents did not include direct diagnostic references to a Smart City (marked in pink). The analysis of strategic provisions of cities referring to Smart City in the future aspect presents itself differently: through development vision, goals, directions or projects, e.g., in the aspect of climate protection or efficient energy use [70][71][72][73][74][75]. All of the analysed strategic documents include subject references, in the majority as an element of visions or goals (marked in green), while, in the case of D ąbrowa Górnicza these provisions refer only to smart specialisations, and not directly to a Smart City (marked in yellow).…”
Section: Resultsmentioning
confidence: 99%
“…In the case of the other cities, the analysed documents did not include direct diagnostic references to a Smart City (marked in pink). The analysis of strategic provisions of cities referring to Smart City in the future aspect presents itself differently: through development vision, goals, directions or projects, e.g., in the aspect of climate protection or efficient energy use [70][71][72][73][74][75]. All of the analysed strategic documents include subject references, in the majority as an element of visions or goals (marked in green), while, in the case of D ąbrowa Górnicza these provisions refer only to smart specialisations, and not directly to a Smart City (marked in yellow).…”
Section: Resultsmentioning
confidence: 99%
“…However, building energy models based on renewable sources may, but does not have to, be the only way for energy companies to develop. Still, there are nuclear and CCS storage technologies, the capacity market, or the more efficient use of current capacities [12,13].…”
Section: Energy Sector Companies In Reaction On Global Trendsmentioning
confidence: 99%
“…Secondly, several leading areas of research can be distinguished, among which one can notice the threads-particularly sustainability, stakeholders, and energy policy-as an area of shaping institutional solutions [39][40][41]. Such policies bring with them systemic and market solutions, such as capacity market, energy market regulations, certificates of origin, etc., and that causes increased communication traffic in social media [12,42,43].…”
Section: Energy Sector Companies In Social Mediamentioning
confidence: 99%
“…Expectations are changing, for example, with regards to the procurement of energy, the speed of RES development, the innovation of energy projects, changes in source technologies, and energy storage (Jasiński et al 2021;Kaszyński et al 2021;Saługa et al 2021). This is done through the introduction of new technologies and processes in the energy sector, the renewable energy sector, from consumers to prosumers (Czarnecka 2014), including cognitive technologies, and the continuous improvement of efficiency and competitiveness (Malec et al 2021).…”
Section: Introductionmentioning
confidence: 99%