In case of the private procurement auctions the entrepreneurs are not forced to limit themselves to the standard auction rules, and in practice one can observe many hybrid or quasi-auction mechanisms spontaneously introduced. The paper analyzes two of them, which start as a first-price sealed-bid auction, followed by a run-off in a form of an English auction, and which differ by the transparency of rules concerning the initiation of the second stage. The focus of the paper is on the analysis of the price and allocative efficiency of these mechanisms, in order to determine whether they can serve as an alternative to the standard auction rules. Theoretical analyses are followed by the laboratory experiments, which demonstrate that the mechanisms under study are characterized by both high price and allocative efficiency, and therefore could be considered an interesting substitute of the standard auction rules.

With the upcoming implementation of the centralized capacity market in Poland, capacity auctions will be organized where domestic power companies will offer their available capacities. It is assumed that bidding will be auctioned according to the so called descending clock auction system with uniform-price (Pay-as-Clear), which will lead to the market equilibrium price. Some analysts, however, are of the view that it is more appropriate to organize capacity auctions in the Pay-as-Bid formula, as this system should lead to lower prices that those of Pay-as-Clear, hence lower costs of capacity purchase. However, this opinion does not confirm the practice – theoretical considerations do not take into account such important factors as the behavior of market players and the tendency of bidders to accept a higher risk or the lack of access to advanced analyses, and thus better information for all market participants. This paper presents a hypothetical calculation of the prices in the centralized capacity market using Monte Carlo simulations. The results of the study confirm that the price level for the Pay-as-Bid system, due to the asymmetry of information and the level of concentration of the power generation sector in Poland would lead to higher prices than for the Pay-as-Clear system on average by approximately 2.5%. The implementation of the PAB system would, therefore, be less efficient to electricity consumers.

Electronic reverse auctions (e-RAs) are considered to be an effective tool for negotiating tender prices and achieving cost savings. Furthermore, if multicritera evaluation is used, it can be expected that e-RAs will also contribute to achieving benefits in other areas, e.g. helping to minimize life-cycle costs. This study aims to analyse the mutual relationships between selected e-RA variables. More specifically, correlation analysis is applied to explore real e-RA data representing public tenders for construction work. This study’s findings reveal that the correlations examined are generally weak or very weak. Furthermore, it has been found that the value of correlation coefficients varies depending on the type of structure, and that public tenders are usually evaluated solely on the basis of the criterion of the lowest bid price. Recommendations for public authorities in using e-RAs in the role of the buyer are also provided at the end of this paper.

The paper investigates the supply structure of the capacity market in Poland in the coming years. The results of the capacity auctions conducted in 2018 are analyzed for this purpose. Three auctions were held at that time. The products traded in the capacity market are capacity obligations for the following years: 2021, 2022 and 2023. The auctions were organized in accordance with (i) he Act of December 8, 2017 on the Capacity Market and the (ii) Capacity Market Regulations published by the Polish Power Grid. The source of data used in this study is the official information of the President of the Energy Regulatory Office on the final results of the main auctions for 2021–2023 delivery periods. The list of the capacity suppliers who won capacity auctions contains the type of capacity market units, the volume of capacity obligations, the duration of capacity agreements and the business name of the capacity suppliers. The conducted analysis indicates that the auction for 2021 was won mainly by existing units (45.81%) and refurbishing units (33.51%). In subsequent years, the share of existing generating units is significantly higher and amounts to 91.67% for 2022 and 84.54% for 2023. The results of the study carried out in this paper also show that one energy company, being the owner of power generating daughter companies, has a very high share in these capacity auctions. The PGE Capital Group contracted 51.95% for 2021, 69.92% for 2022 and 64.44% for 2023 of the total capacity obligation. The volume amounts to over 70% of their total installed capacity.

The numerous overruns of the investor’s budget during tenders for the construction of railway infrastructure in Poland resulted in the widespread use of a new procedure for awarding public contracts – electronic auction. This procedure has many advantages and potential risks. One of the biggest benefits for an investor is the potential gains from reducing bids. Contractors competing against each other allow for the achievement of optimal prices for the planned construction investment. However, this may cause the originally calculated risks, should they materialize, lead to significant budget overruns. This, in turn, may imply further negative consequences, including exceeding the assumed investment deadlines. The article presents a method of modeling the influence of an electronic auction on a tender procedure with the use of a Bayesian network. Data from completed tender procedures announced by the PKP Polskie Linie Kolejowe S.A. were used to build the network. The created network was then validated, verified and calibrated using new data from 8 tender procedures.

Plastic is one of the main pollutant sources that are difficult to decompose and then carried into the ocean and fragmented into smaller parts (microplastics) due to UV radiation and water currents. Their small size means that microplastics are often ingested by aquatic organisms, such as fish. This research aimed to determine the presence, abundance, and types of microplastics in the digestive tract of four dominant fishes landed at Lengkong Fish Auction Point, Cilacap, Central Java, i.e. threadfin ( Eleutheronema tetradactylum), mackerel ( Rastrelliger sp.), threadfin bream ( Nemipterus japonicus), and hairtail ( Trichiurus lepturus). We found microplastics in the digestive tract of four selected fishes with a frequency of occurrence of 100%. The concentration of microplastics in fish digestive tracts is relatively high, with a value range of 12 ±2.86 to 28.33 ±8.11 particles∙ind.^-1. Microplastics were found in films, fibres, fragments, and granule shape types with various colours: brown, purple, blue, black, green, transparent, and yellow. The polymers found were polystyrene (PS), nylon, acrylonitrile butadiene styrene (ABS), polyurethane (PU), polypropylene (PP), high-density polyethylene (HDPE), and low-density polyethylene (LDPE). The present study provides baseline data for microplastics contamination in commercial fish species landed at Lengkong Fish Auction Point, Cilacap, Central Java, Indonesia. The fact that we discovered PU, the most harmful polymer, piques our attention.

Capacity remuneration mechanisms have been imposed globally in order to ensure capacity adequacy and prevent a sharp increase in electricity prices in the long-term. The main causes of their introduction are to provide financial support for companies to generate electricity or reduce consumption in peak demand and ensure sufficient incentives for potential investors. The paper aims to review the capacity remuneration mechanisms introduced in various countries. The following mechanisms are discussed: capacity payment, strategic reserve, reliability options, capacity obligations, and capacity auctions. The paper indicates the main advantages of mechanisms and key challenges related to their introduction and operation as well. The paper contributes to the existing literature by extending and updating the knowledge on the capacity remuneration mechanisms in various energy markets. The results indicate that the most complex schemes are market mechanisms. Regardless of the nature of the traded good (call options, certificates, capacity obligation), the second market structure must be introduced and managed. Consequently, the obligations are imposed on (i) the regulatory body (regulator or transmission system operator), generation companies (or demand-side response), trading companies, and consumers. The other challenge of the implementation of various CRMs is related to the transparent treatment of all technologies. All CRMs should be technologically neutral, but ultimately, some units are more favorable due to their greater impact on the reliability of the power system.

Johann Fidalke (1703–1763), a Gdansk pastor and a gymnasium teacher, gathered a substantial collection of books comprising more than 10,000 volumes. After his death, the books were sold during four auctions, and the valuable collection was dispersed. However, owing to an auction catalogue kept in the collections of the Gdansk PAS Library, we may recreate the content of the Gdansk pastor’s collection. Its most considerable part was made up of different editions of the Holy Bible – with a total of 95 editions in 156 volumes. The article provides a quantitative and qualitative analysis of the said Bibles, focusing on the presentation of their languages as well as the places and times of their publication, and their bindings. The article is accompanied by an index, in which the different editions of the Bible in Fidalke’s collection are identified and catalogued in line with the contemporary standards, on the basis of the rudimentary information given in the auction catalogue.

This is account of the first auction of rare magazines and newspapers organized at the Warsaw Academic Antiquarian Bookshop (Magazines and Newspapers) of the Publishing House Dom Książki in 1984. It offered over two thousand items, published in Poland and abroad, from the 18th until the 20th century.