REVIEW PAPER
RISKS OF ENERGY TRANSFORMATION – A SYSTEMATIC LITERATURE REVIEW
1
Politechnika Warszawska, Polska
A - Research concept and design; B - Collection and/or assembly of data; C - Data analysis and interpretation; D - Writing the article; E - Critical revision of the article; F - Final approval of article
Submission date: 2024-09-24
Final revision date: 2024-10-27
Acceptance date: 2024-10-28
Publication date: 2024-10-28
SBN 2025;35(1): 63-92
KEYWORDS
TOPICS
ABSTRACT
Energy transformation involves converting fossil fuel-based energy generation systems into low- -emission systems that reduce greenhouse gas emissions and lessen the negative impact on the natural environment. The aim of this article is to identify and analyze the risks associated with energy transformation in the English-language scientific literature from 2019 to 2024. The research problem is posed as a question: what risks related to energy transformation are present in the international literature? The research hypothesis is formulated as follows: Energy transformation is associated with high socio-economic risks. The research method employed is a bibliometric analysis based on the PRISMA systematic literature review procedure. As part of the bibliometric analysis, co-citation studies and co-occurrence of keywords provided by the authors were conducted. The research sample was obtained from the SCOPUS database, from which articles containing keywords related to energy transformation and risk were selected. The risks identified in the analyzed publications are associated with both climate change and the economic and technological aspects of the energy transformation process. It is noteworthy that a significant portion of the highly cited publications consists of works in the field of finance, addressing both macroeconomic issues from the perspective of central banks and investment-related risks, including methods for assessing economic feasibility and environmental impacts. The publications reflect the economic dilemmas and risks associated with implementing low-emission technological solutions, particularly regarding the pace and scale of transformation. According to the author, promising research directions include interdisciplinary analyses focused on economic and environmental assessments of low-emission technology implementation, including hydrogen economy technologies, at various scales. In the context of the challenges facing Poland, an appropriate policy for financing the energy transition is crucial to avoid increasing energy costs, which could lead to a rise in energy poverty and a weakening of the country’s economic competitiveness.
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| ISSN: | 2082-2677 |
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