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The Use of Hierarchical Agglomeration Methods in Assessing the Polish Energy Market

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  • Anna Bluszcz

    (Faculty of Mining, Safety Engineering and Industrial Automation, Silesian University of Technology, 44-100 Gliwice, Poland)

  • Anna Manowska

    (Faculty of Mining, Safety Engineering and Industrial Automation, Silesian University of Technology, 44-100 Gliwice, Poland)

Abstract

Energy markets play an important role in achieving sustainable development goals. The sector of energy has a huge impact on the environment, hence changes in it are the highest priority in the European Union. The process of shaping and developing the internal energy market plays an important role in improving the security of supply of energy resources for the entire union. It requires a number of political negotiations, strategic decisions regarding energy liberalization, in particular, the electricity and gas sectors, as well as the adoption of sectoral legislation. The aim of the conducted research is to estimate the level of development of energy markets in the EU countries and to indicate the position of Poland in comparison to other countries. The research was performed in several stages. The first phase consisted of selecting appropriate diagnostic variables that comprehensively describe energy markets in countries belonging to the European Union. The next stage was collecting data, subjecting them to standardization, and then, based on the agglomeration algorithm, the process of dividing into groups of similar countries was carried out. The research results can be used as guidelines for legal regulations being prepared in the energy sectors of all member states, which can be used for selected clusters comprising similar countries in terms of the development of energy markets.

Suggested Citation

  • Anna Bluszcz & Anna Manowska, 2021. "The Use of Hierarchical Agglomeration Methods in Assessing the Polish Energy Market," Energies, MDPI, vol. 14(13), pages 1-18, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:13:p:3958-:d:587061
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    References listed on IDEAS

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    2. Anna Manowska & Andrzej Nowrot, 2019. "The Importance of Heat Emission Caused by Global Energy Production in Terms of Climate Impact," Energies, MDPI, vol. 12(16), pages 1-12, August.
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    Cited by:

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    3. Aurelia Rybak & Aleksandra Rybak, 2021. "Methods of Ensuring Energy Security with the Use of Hard Coal—The Case of Poland," Energies, MDPI, vol. 14(18), pages 1-25, September.
    4. Anna Manowska & Anna Bluszcz, 2022. "Forecasting Crude Oil Consumption in Poland Based on LSTM Recurrent Neural Network," Energies, MDPI, vol. 15(13), pages 1-23, July.
    5. Aurelia Rybak & Aleksandra Rybak & Spas D. Kolev, 2021. "Analysis of the EU-27 Countries Energy Markets Integration in Terms of the Sustainable Development SDG7 Implementation," Energies, MDPI, vol. 14(21), pages 1-22, October.
    6. Marta Sukiennik & Barbara Kowal, 2022. "Analysis and Verification of Space for New Businesses in Raw Material Market—A Case Study of Poland," Energies, MDPI, vol. 15(9), pages 1-17, April.
    7. Anna Manowska & Aurelia Rybak & Artur Dylong & Joachim Pielot, 2021. "Forecasting of Natural Gas Consumption in Poland Based on ARIMA-LSTM Hybrid Model," Energies, MDPI, vol. 14(24), pages 1-14, December.

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