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The Impact of Crises and Disruption on the Energy Market

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: 15 May 2024 | Viewed by 4241

Special Issue Editors


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Guest Editor
Management Institute, Warsaw University of Life Sciences, Nowoursynowska St. 166, 02-787 Warsaw, Poland
Interests: energy economy; micro- and macro-economy; economic geography; logistics (above all transport problems); management of information
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Institute of Marketing, Budapest Metropolitan University, Nagy Lajos király str.,1-9, 1148 Budapest, Hungary
Interests: marketing and media; online communication; search engine optimization (SEO); renewable energy; environmental awareness and protection; environmental sustainability

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Department of Agrotechnology and Agribusiness, Faculty of Agriculture and Forestry, University of Warmia and Mazury in Olsztyn, Michała Oczapowskiego 8, 10-718 Olsztyn, Poland
Interests: energy consumption; energy economic; energy market
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Energy is essential for the functioning of the economy and society. However, this resource is often under-appreciated, with its importance only acknowledged when crises and disturbances occur. Even small disturbances affect the functioning of the economy and society, and these often manifest as short-term increases in the prices of energy carriers. On the other hand, crises can have long-term impacts on the energy market. The reasons for such crises may be political (e.g., conflicts and disputes between states, including military operations) or economic, and the problems may concern individual resources (such as oil, gas and hard coal) or the entire energy market. For this Special Issue, we welcome articles discussing local-, national-, country- or global-scale problems in energy markets. We also welcome papers on the impacts of crises and disturbances on the energy market, which may affect the economy and people’s social lives.

Dr. Tomasz Rokicki
Dr. András Szeberényi
Dr. Aneta Bełdycka-Bórawska
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • changes in the energy sector as a result of crises and disruption
  • the energy market during crises
  • changes in energy balance as a result of crises
  • retail and wholesale energy prices during crises and disruption
  • adaptation measures in the energy sector during crises
  • energy security and efficiency
  • energy consumption in the private and public sectors as a result of crises
  • energy consumption by individual consumers and businesses during crises
  • innovation in the energy sector and the energy market during crises
  • innovation in other sectors affecting energy consumption during crises
  • renewable energy during crises
  • alternative energy sources during crises
  • shifting energy-related ecological and environmental patterns as a result of crises
  • projected social consequences of crises on the energy market and the energy sector.

Published Papers (3 papers)

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Research

22 pages, 7086 KiB  
Article
Electricity Market Dynamics and Regional Interdependence in the Face of Pandemic Restrictions and the Russian–Ukrainian Conflict
by András Szeberényi and Ferenc Bakó
Energies 2023, 16(18), 6515; https://doi.org/10.3390/en16186515 - 10 Sep 2023
Cited by 2 | Viewed by 1052
Abstract
Electricity constitutes a significant part of the consumption basket of European households and companies. Since energy products are essential components of almost all products and services, any change in energy prices directly impacts the general price level of those products and services. Therefore, [...] Read more.
Electricity constitutes a significant part of the consumption basket of European households and companies. Since energy products are essential components of almost all products and services, any change in energy prices directly impacts the general price level of those products and services. Therefore, this study aims to conduct a comprehensive analysis of power exchange data between 2019 and 2022. For the analysis, we examined the data of 15 countries. In the research, we compared electricity prices in European power exchanges using the Jaccard similarity index and the overlap coefficient, using the DAM hourly prices between 1 January 2019 and 31 December 2022. We transformed the time series into networks using the visibility graph procedure and compared the networks of the studied countries using the two comparison methods with the degree distribution functions. Our aim is to examine how the market anomalies caused by the COVID-19 pandemic and the Russian–Ukrainian conflict affect European electricity markets and how quickly the repercussions spread across the studied countries’ exchanges, and whether they show persistent or anti-persistent characteristics. The results support that similar market effects significantly influence the pattern of price changes among the countries. The methods forming the basis of the research can provide significant assistance in analyzing market trends and contribute to a better understanding of market processes. Full article
(This article belongs to the Special Issue The Impact of Crises and Disruption on the Energy Market)
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25 pages, 3028 KiB  
Article
Expectations of the Inhabitants of South-Eastern Poland Regarding the Energy Market, in the Context of the COVID-19 Crisis
by Marian Woźniak, Aleksandra Badora and Krzysztof Kud
Energies 2023, 16(14), 5530; https://doi.org/10.3390/en16145530 - 21 Jul 2023
Viewed by 692
Abstract
The aim of this study was to determine the expectations of the inhabitants of south-eastern Poland in relation to the main trends emerging in the energy market, in a specific crisis situation resulting from the response to COVID-19. The time range of the [...] Read more.
The aim of this study was to determine the expectations of the inhabitants of south-eastern Poland in relation to the main trends emerging in the energy market, in a specific crisis situation resulting from the response to COVID-19. The time range of the research covered the period from March to December 2022, i.e., the time just after the official easing of the most drastic restrictions related to COVID-19 in Poland. The CAWI method was used in the study. Access to the survey form was granted to several dozen people, who invited other respondents to participate in the survey. A total of 732 questionnaires were collected, of which 637 were verified, meeting the research assumptions regarding the place of residence of the respondents. The study was correlational in nature, as it looked for relationships between the examined features, without the possibility of influencing the level of individual variables. As the study used non-probability sampling, the inferences apply only to the study group. Two research questions were formulated: (1) Did the COVID-19 crisis shape the expectations of the inhabitants of south-eastern Poland regarding the energy market, and were these expectations consistent with the policies of the state and the European Union? (2) Were perceptions of the energy market and social phenomena differentiated in terms of sex, place of residence, and type of heating in the respondent’s apartments? Statistical analyses of the collected material were performed using Statistica13.3 and MS Excel 19. The greatest support among respondents was recorded for the optimal use of the country’s own energy resources, and the development of energy networks, in conjunction with the expansion of its own energy potential, and improvement of energy efficiency. Respondents confirmed the need to increase the use of renewable energy sources. However, the EU trend of abandoning electricity production in nuclear power plants was not confirmed. This is also evidenced by Poland’s energy policy, which emphasizes the development of the nuclear energy market. Men were more positive than women about the implementation of nuclear energy in Poland. Women rated the development of RES use higher than men. Both women and men had a more positive attitude toward renewable energy than toward nuclear energy. Respondents living in rural areas assessed the development of RES higher and showed greater interest in increasing energy efficiency. The limitations of this study are that all the variables were measured simultaneously, so the study is cross-sectional, and additional attention may need to be paid to other causes of the studied phenomena. Full article
(This article belongs to the Special Issue The Impact of Crises and Disruption on the Energy Market)
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15 pages, 1787 KiB  
Article
Forecasting Energy Recovery from Municipal Waste in a Closed-Loop Economy
by Anna Marciniuk-Kluska and Mariusz Kluska
Energies 2023, 16(6), 2732; https://doi.org/10.3390/en16062732 - 15 Mar 2023
Cited by 1 | Viewed by 1197
Abstract
Tackling climate change, implementing the principles of sustainable development and a closed-loop economy, and creating an economically and environmentally efficient waste management system are the most serious environmental and economic challenges today. One of the biggest problems with waste is that it causes [...] Read more.
Tackling climate change, implementing the principles of sustainable development and a closed-loop economy, and creating an economically and environmentally efficient waste management system are the most serious environmental and economic challenges today. One of the biggest problems with waste is that it causes water, soil, and air pollution. The combination of precipitation and septic processes produces leachates containing heavy metals and acids, which negatively affect surface and groundwater, changing their composition and pH, among other things. According to the Polish waste database, there are more than 2500 waste incineration plants operating worldwide, including more than 500 in Europe, while there are 8 in Poland. The concept of a closed-loop economy is based on the rational use of resources, i.e., less consumption of raw materials and energy by creating a closed loop of processes in which waste becomes raw materials in subsequent production stages. The aim of this study was to develop forecasts of electricity recovery from municipal waste using a prediction method based on an approximating function. The predictions made show that in 2023, the forecast of energy recovery from biodegradable municipal waste will be 6566 TJ. Projections of energy recovery from municipal waste for the future are steadily increasing, with planned recovery in 2030 at 9943 TJ. Full article
(This article belongs to the Special Issue The Impact of Crises and Disruption on the Energy Market)
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