@article{47b2b621-6269-483e-ba63-e5b51236d989, author = {Stanisław Pilżys}, title = {Changes in the Polish and Lithuanian electric power sectors after the accession to the European Union}, journal = {International Business and Global Economy}, volume = {2012}, number = {Volume 31(2)}, year = {2014}, issn = {2300-6102}, pages = {159-178},keywords = {electric power sector; energy policy; market liberalization}, abstract = {The purpose of the paper is to present the most important changes that have occurred in the electric power sector of Lithuania and Poland after their accession to the European Union. The states examined had to adjust their energy systems in accordance with the EU energy policy, which is to create an internal energy market for all Member States. The EU attempts to achieve that aim primarily through liberalization of local energy markets. Moreover, after the accession to the EU, Lithuania and Poland have taken the responsibility to reduce emissions of environmentally harmful greenhouse gases, which requires large investment in the construction and modernization of the existing outdated energy infrastructure. The phase of liberalization and adjustment to the EU environmental regulations does not run as smoothly as initially expected. Nevertheless, despite some slight differences in the speed of liberalization, there are indications that both Poland and Lithuania will achieve the stated objective of integrating their systems with the EU energy system and will reduce CO2 emissions}, doi = {10.4467/23539496IB.12.008.2633}, url = {https://ejournals.eu/en/journal/ibage/article/zmiany-w-polskim-i-litewskim-sektorze-elektroenergetycznym-po-akcesji-do-unii-europejskiej} }