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Energy Use and Related Risk Management Problems in CEE Countries Cover

Energy Use and Related Risk Management Problems in CEE Countries

By: R. Ney,  J. Michna,  J. Ekmanis,  N. Zeltins and  V. Zebergs  
Open Access
|Mar 2008

Abstract

Nowadays, the efficiency of energy use in the Central and East-European (CEE) countries is insufficient, being much lower than in the "Old Europe". The problem becomes increasingly pressing due to non-stop increasing prices of energy carriers (especially of crude oil). The authors trace the development of research activities in this sphere, classifying the revealed changes in parameters of energy consumption processes in particular time intervals into deterministic, probabilistic, and fuzzy. The paper presents a thorough analysis of decision-making in the energy management at its different levels - normative, strategic, and operative. Particular attention is given to the management under uncertainty conditions - i.e. to the risk management. The most wanted research directions in this area proposed by the energy and environment policy (EEP) Center specially created for CEE countries concern management under risk connected with innovations, international activities, loss of reputation, etc. The authors consider in detail the risk management with insufficient knowledge (non-knowledge) and under chaos. Much consideration is given to the scenario management and the game theory principles as related to the sphere of energy use.

DOI: https://doi.org/10.2478/v10047-008-0003-9 | Journal eISSN: 2255-8896 | Journal ISSN: 0868-8257
Language: English
Page range: 41 - 51
Published on: Mar 18, 2008
Published by: Institute of Physical Energetics
In partnership with: Paradigm Publishing Services
Publication frequency: 6 issues per year

© 2008 R. Ney, J. Michna, J. Ekmanis, N. Zeltins, V. Zebergs, published by Institute of Physical Energetics
This work is licensed under the Creative Commons License.

Volume 45 (2008): Issue 1 (February 2008)