Adam Czyzewski

Archives for Trade & Industry

How are new power generation technologies developed?

August 17, 2016

Empirical knowledge of innovations can be gained from the IT sector, which abounds in new ideas and innovations. Looking at how quickly tablets and smartphones became commonplace in our daily lives, it seems that in only a decade we may expect to see our roads travelled by electric cars and electricity being generated using wind… » read more

Posted by adamczyzewski

Development Policy, Energy, Future EU, Global Europe, Innovation & Enterprise, Trade & Industry

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Sooner-than-expected equilibrium and greater uncertainty

July 22, 2016

In Q2 2016, the situation on the global oil market unfolded in line with our expectations. Oil prices continued on an upward trend started around mid-January 2016. On the back of stronger demand (fuelled by low prices) and unforeseen events, which amplified the factors with a bearing on supply, the average price of Brent crude… » read more

Posted by adamczyzewski

Energy, Future EU, Global Europe, Trade & Industry

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Random forecast

May 30, 2016

Not a day goes by without me being asked about future oil prices. And all discussions that follow end with the inescapable conclusion that oil prices cannot be predicted. This is a complete reversal in the way of thinking about the future from 8–10 years back, when most business decisions in the energy sector hinged… » read more

Posted by adamczyzewski

Energy, Future EU, Global Europe, Trade & Industry

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Effects of low oil prices will be felt in several years

April 29, 2016

Last year, we outlined our expectations as to crude oil prices and margins over the coming two years. We anticipated substantial daily fluctuations as part of shorter or longer cycles, painting a statistical picture of the search for the marginal cost of production, as yet undetermined, providing a new frame of reference for oil prices.… » read more

Posted by adamczyzewski

Energy, Future EU, Global Europe, Trade & Industry

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Why should we invest in innovation?

April 12, 2016

We are creating the independent potential of our economy, covering the complete value chain – from concept development and R&D up to the final product reaching global markets. By investing in innovation, we are creating new demand (innovation addresses latent demand), which make our investment projects less susceptible to fluctuations in the economic cycle. We… » read more

Posted by adamczyzewski

Development Policy, Global Europe, Innovation & Enterprise, Trade & Industry

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Saudi Aramco crude on the Baltic Sea – a one-off opportunity or new supply source?

October 29, 2015

A Saudi Arabian vessel carrying crude oil has recently put into port in Gdańsk. The event would have likely gone unnoticed had it not been for Rosneft CEO’s comment that it marked another stage in Saudi Arabia’s battle for a share in the market. Why has a small delivery sparked such a heated debate? Saudi… » read more

Posted by adamczyzewski

Energy, Future EU, Global Europe, Trade & Industry

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Adam Czyzewski

Economics of the energy sector and the low-carbon economy, macroeconomics, innovations, oil&gas

Adam B. Czyżewski, Ph.D., has been the Chief Economist at PKN ORLEN since 2007. He specialises in the changes of the global energy sector that are driven by economic policies and revolutionary innovations.


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