@ARTICLE{Petryk_Agnieszka_The_2023,
 author={Petryk, Agnieszka and Adamik, Piotr},
 number={No 58},
 pages={11–16},
 journal={Journal of Water and Land Development},
 howpublished={online},
 year={2023},
 publisher={Polish Academy of Sciences; Institute of Technology and Life Sciences - National Research Institute},
 abstract={A transition from generating electricity from conventional sources to generating it from renewables is one of drivers leading us towards a circular economy. Electricity is a specific product and regardless of where and how it is produced, it takes the same form. A novel aspect of the research is the examination of correlations and relationships between guarantees of origin. The research objective is to analyse the market for the guarantees of origin in the volatile price environment that we had late 2021 and early 2022. Therefore, we analysed demand for the guarantees in January 1, 2020 to June 30, 2022 and the correlation between the price of electricity and guarantees of origin. It was based on the secondary data analysis method and the use of Pearson’s correlation coefficient and a linear regression function. The authors of the study made a hypothesis that the trading volume would increase during the study period and that there would be a positive correlation between the price of energy and the guarantees of origin. A key finding of the study revealed a steady increase in the purchase of guarantees despite the rise in prices. The buying of the guarantees is not a top-down requirement, but rather a bottom-up action, which indicates growing social expectations towards enterprises to consume energy from renewable sources.},
 type={Article},
 title={The guarantees of origin as a market-based energy transition mechanism in Poland},
 URL={http://journals.pan.pl/Content/128571/PDF-MASTER/2023-03-JWLD-02.pdf},
 doi={10.24425/jwld.2023.145356},
 keywords={energy sector, energy production, energy trading, guarantee of origin, renewable energy sources},
}