Regulations in energy sector and new investments into generation

Journal Title: Zarządzanie i Finanse - Year 2014, Vol 12, Issue 3

Abstract

The aim of article is the indication how an uncertain situation related to supportive systems of energy influence the estimation of the efficiency of new investment intomore ecological andmore effectiveness plantwhich generates electricity and heat together (called co-generation) and also the comparison of investment efficiency into new energy generator depending on the different systems of its support. In the article there are described general reasons for the introduction of regulation into economies. In this context, selected regulations which influence investment process into co-generation energy plant were characterized. Special attention was focused on regulation risk which is the result of unfinished process of legislation related to energy sector and competitiveness conditions on the local heat market in the context of the support for the development of the preferred energy sources („green energy”). Also there are presented the following items: certificate system in Poland, the TPA, emission trading system and the system of FIT. Next, there was described potential investment and its forecasting assumptions addressed to three variants of regulations related to the support for electricity production from gas. There were analysed the following options: no support for new investments, there will be the support system like ‘yellow certificates’, there will be the support system like FIT. For each of them it was analyse two options: for higher and lower price of heat. Basing on the results of the analysis the best solution for regulation, from an investor’s point of view, was chosen and there were identified potential threats.

Authors and Affiliations

Edyta Ropuszyńska-Surma, Zdzisław Szalbierz

Keywords

Related Articles

 Changes in Polish savings ratio in comparison with Europeans countries ones

  The paper presents household saving rations in Poland and some other countries in the years 2000-2011 in the relation to the changes of GDP growth and the level of consumption spending. The research shows househo...

Role of Integrated Product Policy in the development of knowledge about the quality of products 

The article presents the role of the Integrated Product Policy in the development of knowledge about the quality of products. Author draws attention to the role of two entities, namely businesses and consumers in the con...

 Tworzenie organizacji projektowej – studium przypadku

 W artykule scharakteryzowano najważniejsze wyzwania, z którymi trzeba się zmierzyć podczas tworzenia organizacji projektowej, przy czym szczególna uwaga została zwrócona na kulturę organizacyjną jako jeden z najważ...

Pułapka niskiej inflacji a cel inflacyjny banku centralnego 

  Wśród głównych przyczyn odmiennego zachowania się wskaźników wzrostu gospodarczego w Stanach Zjednoczonych i w strefie euro za najważniejszą należy uznać rozbieżność zmian długoterminowych realnych stóp pro-centow...

Building confidence in the electronic economy with the assistance usability of technology and safety of e-commerce site summary 

The present stage of development of the world was finally called globalization. Name this gained through the networked economy - the economy without any boundaries. The evolution of this form of economy followed with rem...

Download PDF file
  • EP ID EP111016
  • DOI -
  • Views 33
  • Downloads 0

How To Cite

Edyta Ropuszyńska-Surma, Zdzisław Szalbierz (2014). Regulations in energy sector and new investments into generation. Zarządzanie i Finanse, 12(3), 321-348. https://europub.co.uk/articles/-A-111016