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Opportunities and threats to shaping energy security in the conditions of development and use of new technologies Cover

Opportunities and threats to shaping energy security in the conditions of development and use of new technologies

Open Access
|Mar 2024

Abstract

This article aims to show the areas in which technological changes will take place to bring about energy security, and the prerequisites and costs. It has been assumed that technological progress will contribute to the development of energy markets and increase the level of energy security. Changes in energy markets are a necessity. Energy is a source of economic competitiveness. The ability to produce cheap energy and in quantities adequate to needs is a social and economic development factor. The opportunities for change will be the need for new energy sources, instability in the energy markets, as well as technological progress. New technological solutions allow for better energy demand and supply management and preparing forecasts for increases/decreases in the energy demand. The threats are high costs of introducing new technologies and the necessity of implementing many investments at the same time, which require changes in entire systems. Investments require a long period of time and anticipation of trends.

DOI: https://doi.org/10.2478/ijme-2023-0023 | Journal eISSN: 2543-5361 | Journal ISSN: 2299-9701
Language: English
Page range: 12 - 21
Submitted on: Jul 29, 2022
Accepted on: Oct 13, 2023
Published on: Mar 22, 2024
Published by: Warsaw School of Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Dorota Niedziolka, published by Warsaw School of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.