Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020)
The European Union’s climate policy and the energy transition associated with it force individual countries, their economies and their industrial sectors to carry out thorough changes, often of a deep, high-cost and restructuring nature. The aim of the article is to provide a multidimensional assess...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-05-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/15/10/3518 |
| _version_ | 1797500230923452416 |
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| author | Jarosław Kaczmarek Konrad Kolegowicz Wojciech Szymla |
| author_facet | Jarosław Kaczmarek Konrad Kolegowicz Wojciech Szymla |
| author_sort | Jarosław Kaczmarek |
| collection | DOAJ |
| description | The European Union’s climate policy and the energy transition associated with it force individual countries, their economies and their industrial sectors to carry out thorough changes, often of a deep, high-cost and restructuring nature. The aim of the article is to provide a multidimensional assessment of the forms and effects of the restructuring of coal mining companies in Poland in light of the current energy transition process. The research problem is encapsulated within the following two interdependent questions: Has the restructuring process allowed the coal mining industry to achieve sufficient efficiency to sustainably compete in the open market, and to what extent, if at all, have the objectives of restructuring been achieved from the perspective of changes in the energy mix? The research covers all coal mining companies included in the official statistics. It adopts a long-term perspective (1990–2020), dating from the beginning of the systemic transformation in Poland. The research involved the use of multivariate financial analysis methods, including the logit model for predicting the degree of financial threat, as well as taxonomic methods for assessing the dissimilarity of structures and their concentration. The general conclusion of the research is that there has been a lack of consistency (follow-up) between the forms and effects of restructuring in coal mining companies in Poland on the one hand and changes in the composition of the country’s energy mix as a result of the energy transition on the other. In particular, this means that such restructuring, being neither effective nor efficient, has failed to accelerate change in the energy mix. |
| first_indexed | 2024-03-10T03:58:56Z |
| format | Article |
| id | doaj.art-57430ec4d6f84ca785cea1c9f62be911 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T03:58:56Z |
| publishDate | 2022-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-57430ec4d6f84ca785cea1c9f62be9112023-11-23T10:49:25ZengMDPI AGEnergies1996-10732022-05-011510351810.3390/en15103518Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020)Jarosław Kaczmarek0Konrad Kolegowicz1Wojciech Szymla2Department of Economics and Organization of Enterprises, Cracow University of Economics, Rakowicka St. 27, 31-510 Cracow, PolandDepartment of Economics and Organization of Enterprises, Cracow University of Economics, Rakowicka St. 27, 31-510 Cracow, PolandDepartment of Economics and Organization of Enterprises, Cracow University of Economics, Rakowicka St. 27, 31-510 Cracow, PolandThe European Union’s climate policy and the energy transition associated with it force individual countries, their economies and their industrial sectors to carry out thorough changes, often of a deep, high-cost and restructuring nature. The aim of the article is to provide a multidimensional assessment of the forms and effects of the restructuring of coal mining companies in Poland in light of the current energy transition process. The research problem is encapsulated within the following two interdependent questions: Has the restructuring process allowed the coal mining industry to achieve sufficient efficiency to sustainably compete in the open market, and to what extent, if at all, have the objectives of restructuring been achieved from the perspective of changes in the energy mix? The research covers all coal mining companies included in the official statistics. It adopts a long-term perspective (1990–2020), dating from the beginning of the systemic transformation in Poland. The research involved the use of multivariate financial analysis methods, including the logit model for predicting the degree of financial threat, as well as taxonomic methods for assessing the dissimilarity of structures and their concentration. The general conclusion of the research is that there has been a lack of consistency (follow-up) between the forms and effects of restructuring in coal mining companies in Poland on the one hand and changes in the composition of the country’s energy mix as a result of the energy transition on the other. In particular, this means that such restructuring, being neither effective nor efficient, has failed to accelerate change in the energy mix.https://www.mdpi.com/1996-1073/15/10/3518restructuringenergy policyhard coal miningenergy transition |
| spellingShingle | Jarosław Kaczmarek Konrad Kolegowicz Wojciech Szymla Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) Energies restructuring energy policy hard coal mining energy transition |
| title | Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) |
| title_full | Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) |
| title_fullStr | Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) |
| title_full_unstemmed | Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) |
| title_short | Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020) |
| title_sort | restructuring of the coal mining industry and the challenges of energy transition in poland 1990 2020 |
| topic | restructuring energy policy hard coal mining energy transition |
| url | https://www.mdpi.com/1996-1073/15/10/3518 |
| work_keys_str_mv | AT jarosławkaczmarek restructuringofthecoalminingindustryandthechallengesofenergytransitioninpoland19902020 AT konradkolegowicz restructuringofthecoalminingindustryandthechallengesofenergytransitioninpoland19902020 AT wojciechszymla restructuringofthecoalminingindustryandthechallengesofenergytransitioninpoland19902020 |