March 6, 2015
Being a hot topic of discussion, innovations seem to be everywhere. But when we try to take a closer look, they are like Winnie-the-Pooh’s best friend: ‘the more he looked inside the more Piglet wasn’t there’. Why don’t we have technological innovations in Poland despite the abundance of innovative ideas, start-up companies and support programmes… » read more
Posted by adamczyzewski
February 18, 2015
Since the beginning of February, the price of Brent crude has gone up by nearly USD 10 per barrel. Analysts agree that the recent price hike was driven primarily by data published by Baker Hughes, a U.S. oilfield services company, reporting a massive fall in the onshore drilling rig count – down 259 in January.… » read more
Posted by adamczyzewski
February 10, 2015
The Energy Union is still very much like a yeti. Though no one has seen it yet, it is already feared. But this is to be expected considering that the concept was born out of concern for security in the face of the escalating military conflict in eastern Ukraine. Poland was first to suggest a… » read more
Posted by adamczyzewski
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Energy, EU Priorities 2020, Future EU, Global Europe, Trade & Industry, Uncategorized |
February 3, 2015
Low crude prices are now a fact and likely to remain so for the next few (or more) quarters. This is how long it will take the market to absorb the current supply glut and non-OPEC producers to cut output. The OPEC cartel has already made the decision to keep producing at current levels (at… » read more
Posted by adamczyzewski
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Energy, Future EU, Global Europe, Trade & Industry, Uncategorized |
January 26, 2015
The oil price slump has come as a huge surprise for the market. The very scale of the phenomenon is astounding, of course, but what is really interesting is that although everyone knew about the spectacular upsurge in oil supply in the US, which lay at the root of the declining prices, it did not… » read more
Posted by adamczyzewski
January 15, 2015
The summer of 2008 saw the price of Brent crude rise to its record high, reaching more than $144 per barrel on July 3rd, and some speculated it would continue growing. However, the price fell to below $40 in late 2008, having shrank 77 per cent over just six months. Last year on June 19th,… » read more
Posted by adamczyzewski
December 16, 2014
Last Monday, I took part in the Rzeczpospolita daily newspaper’s economic debate entitled ‘The end of the free market? Origins of the crisis’. Three questions were sent to the participants by the host: Have capitalism and the free market discredited themselves? What is the alternative to the free market? Which economic system should we choose?… » read more
Posted by adamczyzewski
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Future EU, Global Europe, Innovation & Enterprise, Regional Policy, Trade & Industry |
December 10, 2014
How is coal converted to electricity? Coal is first milled to a fine powder, which increases the surface area and allows it to burn more quickly. In these pulverised coal combustion (PCC) systems, the powdered coal is blown into the combustion chamber of a boiler where it is burnt at high temperature (see diagram below).… » read more
Posted by adamczyzewski
December 1, 2014
The London petroleum exchange saw the price of Brent crude slide to just under USD 70 per barrel today. What is more, after last week’s decision by OPEC, there is no indication that the downward trend will reverse any time soon. Oil prices are at their lowest since 2008. Although I explained the reasons behind… » read more
Posted by adamczyzewski
November 26, 2014
A conference commemorating 25 years of Poland’s political transformation was held at the Warsaw School of Economics on November 19th 2014. Interested in what conclusions can be drawn from past events and how these can be used to shape the future, I decided to participate. The programme of the conference was a particular attraction, featuring… » read more
Posted by adamczyzewski
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Development Policy, Future EU, Regional Policy, Trade & Industry, Uncategorized |
Economics of the energy sector and the low-carbon economy, macroeconomics, innovations, oil&gas
