Operating Costs in the Polish Energy Sector: Challenges for Capital Groups
Electricity is one of the most widely used energy sources. The climate crisis, public pressure to invest in renewable and low-carbon energy sources, and the reduction in industrial electricity consumption caused by the COVID-19 pandemic have a significant impact on the energy sector. In addition, mi...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2024-11-01
|
| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/17/23/6033 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846124265776087040 |
|---|---|
| author | Leszek Borowiec Barbara Wyrzykowska Marzena Kacprzak Agnieszka Król Emilia Wolińska |
| author_facet | Leszek Borowiec Barbara Wyrzykowska Marzena Kacprzak Agnieszka Król Emilia Wolińska |
| author_sort | Leszek Borowiec |
| collection | DOAJ |
| description | Electricity is one of the most widely used energy sources. The climate crisis, public pressure to invest in renewable and low-carbon energy sources, and the reduction in industrial electricity consumption caused by the COVID-19 pandemic have a significant impact on the energy sector. In addition, military action in Europe is affecting energy generation capacity and availability, which raises the question of economic calculus, particularly regarding the cost of generation and supply. These factors affect the cost structure of those responsible for supplying energy and, in extreme cases, can lead to energy exclusion. The article aimed to identify differences in the presentation and interpretation of operating cost data from the individual and consolidated financial statements of Polish energy groups, which is of key importance for investors, analysts and decision-makers in the energy sector. The analysis uses data for 2018–2022 from the income statement. The research hypothesis is that the complexity of Polish energy groups in the Polish energy sector leads to ambiguity in the interpretation of cost data included in stand-alone and consolidated financial statements. |
| format | Article |
| id | doaj-art-1519128cd5e44cb6bb542bb27780a925 |
| institution | Kabale University |
| issn | 1996-1073 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj-art-1519128cd5e44cb6bb542bb27780a9252024-12-13T16:25:50ZengMDPI AGEnergies1996-10732024-11-011723603310.3390/en17236033Operating Costs in the Polish Energy Sector: Challenges for Capital GroupsLeszek Borowiec0Barbara Wyrzykowska1Marzena Kacprzak2Agnieszka Król3Emilia Wolińska4Faculty of Management, University of Warsaw, Szturmowa Street 1/3, 02-678 Warsaw, PolandInstitute of Management, Warsaw University of Life Sciences-SGGW, Nowoursynowska Street 166, 02-787 Warsaw, PolandInstitute of Economics and Finance, Warsaw University of Life Sciences, Nowoursynowska Street 166, 02-787 Warsaw, PolandFaculty of Management and Technical Sciences, Warsaw Management University, 36 Kawęczyńska Street, 03-772 Warsaw, PolandFaculty of Management, University of Warsaw, Krakowskie Przedmieście Street 26/28, 00-927 Warsaw, PolandElectricity is one of the most widely used energy sources. The climate crisis, public pressure to invest in renewable and low-carbon energy sources, and the reduction in industrial electricity consumption caused by the COVID-19 pandemic have a significant impact on the energy sector. In addition, military action in Europe is affecting energy generation capacity and availability, which raises the question of economic calculus, particularly regarding the cost of generation and supply. These factors affect the cost structure of those responsible for supplying energy and, in extreme cases, can lead to energy exclusion. The article aimed to identify differences in the presentation and interpretation of operating cost data from the individual and consolidated financial statements of Polish energy groups, which is of key importance for investors, analysts and decision-makers in the energy sector. The analysis uses data for 2018–2022 from the income statement. The research hypothesis is that the complexity of Polish energy groups in the Polish energy sector leads to ambiguity in the interpretation of cost data included in stand-alone and consolidated financial statements.https://www.mdpi.com/1996-1073/17/23/6033operating costsPolish energy sectorcapital groupsindividual financial report (IFR)consolidated financial report (CFR) |
| spellingShingle | Leszek Borowiec Barbara Wyrzykowska Marzena Kacprzak Agnieszka Król Emilia Wolińska Operating Costs in the Polish Energy Sector: Challenges for Capital Groups Energies operating costs Polish energy sector capital groups individual financial report (IFR) consolidated financial report (CFR) |
| title | Operating Costs in the Polish Energy Sector: Challenges for Capital Groups |
| title_full | Operating Costs in the Polish Energy Sector: Challenges for Capital Groups |
| title_fullStr | Operating Costs in the Polish Energy Sector: Challenges for Capital Groups |
| title_full_unstemmed | Operating Costs in the Polish Energy Sector: Challenges for Capital Groups |
| title_short | Operating Costs in the Polish Energy Sector: Challenges for Capital Groups |
| title_sort | operating costs in the polish energy sector challenges for capital groups |
| topic | operating costs Polish energy sector capital groups individual financial report (IFR) consolidated financial report (CFR) |
| url | https://www.mdpi.com/1996-1073/17/23/6033 |
| work_keys_str_mv | AT leszekborowiec operatingcostsinthepolishenergysectorchallengesforcapitalgroups AT barbarawyrzykowska operatingcostsinthepolishenergysectorchallengesforcapitalgroups AT marzenakacprzak operatingcostsinthepolishenergysectorchallengesforcapitalgroups AT agnieszkakrol operatingcostsinthepolishenergysectorchallengesforcapitalgroups AT emiliawolinska operatingcostsinthepolishenergysectorchallengesforcapitalgroups |