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Impacts of the Ukrainian crisis on the Russian economy
Šimíková, Barbora ; Bolotov, Ilya (advisor) ; Černá, Iveta (referee)
This thesis aims to set a complex view on the economy of the Russian Federation and evaluate its current state in the context of the ongoing Ukrainian crisis which started in 2014. During this period significantly changed the situation on the oil market and at the same time there were introduced sanctions against Russia because of its involvement in the conflict. Therefore, Russia introduced its own sanctions in return. What is the cause of the current Russian economic crisis will try to uncover this thesis in three chapters. First chapter is dedicated to the Ukrainian crisis and to the role of Russia within the conflict. Second part analysis the Russian economy, its specifics and efficiency. Last chapter examines the impacts of the sanction regime, decrease of oil prices and the related lack of diversification and dependency on export of the recourses in the context of the monetary and fiscal policy and the impact on the selected sectors of the economy and international trade.
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Transformations of the German energy policy after nuclear incident in Fukushima
Špeciánová, Sára ; Nigrin, Tomáš (advisor) ; Mlsna, Petr (referee)
On 11th March 2011 was Japan hit by tsunami, which caused among others the accident in nuclear energy station in Fukushima. This disaster has influenced the German energy policy a lot and this despite the fact that Japan is situated on the other side of the world. The real risks of nuclear power in Germany didn't change as well. This paper follows the changes of energy policy that were caused by the accident. Because of the long-term character of energy decisions, is it important to mention the period of red-green alliance, which was very essential. The paper concentrates on the years 2010 and 2011, when the most changes happened. The changes in nuclear sector and renewable sources sector are described more in detail. The aim of this paper is the qualitative description of these changes and the evaluation of their consequences and the overall impact on the German power industry. The nuclear disaster in Fukushima accelerated the development within the energy transition, which started in 2000. The changes were very fast and the biggest impact was caused in nuclear sector, which was the acceleration of nuclear phase out. In renewable sources sector was the effect minimal, the targets remained unchanged. The energy transition goes very well, despite some negative effects. In future would it be...
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Specificity of the protection of economic competition in the EU in the field of energy industry
Adamčíková, Leona ; Šmejkal, Václav (advisor) ; Handrlica, Jakub (referee)
This Master's Thesis deals with the EU competition law enforcement towards undertakings in the energy industry. The attention of the thesis is devoted only to the part of the energy industry, gas and electricity sectors, as the EU decided to liberalize these markets in the mid-1990s with the aim of gradually transform them into the single European energy market, which will be fully open to the competition. The aim of the thesis is to answer research question, what the specifics of the EU competition law enforcement towards undertakings in the energy industry are. The first chapter deals with the fundamental competition law rules, which are analysed in the thesis within the energy industry. These are prohibition of the agreements which have as their object or effect the restriction of competition (regulated in the Art. 101 TFEU) and prohibition of the abuse of dominant position (regulated in the Art. 102 TFEU). Besides these rules, which are enforced ex post, the chapter also deals with the control of merger of undertakings by the Commission as an ex ant competition law enforcement towards notified mergers. The chapter further looks at the main objectives of the competition law and the means the Commission has at its disposal to competition law enforcement. The second chapter briefly describes the...
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Shifts in the CDU/CSU's Nuclear Energy Policy: A Path to the "Fukushima Reversal"
Landa, Martin ; Mynaříková, Romana (advisor) ; Nigrin, Tomáš (referee)
The Fukushima disaster sparked another series in the continuous German debate over the future of nuclear power and led to a major shift in the country's energy industry. The 2011 decision to abandon nuclear power nevertheless followed only a few months after the announced power plants' operation-extension. The aim of this paper is to examine, whether the CDU/CSU's post-Fukushima gradation reflects any constant developments in the party's policies. The author is looking at how nuclear policy of the Christian parties has been developing since the early stages of technological research in the 1950's until the Fukushima accident in March 2011. The paper outlines the shifts in the party's policy in the general context of German energy industry. This thesis provides an overview of CDU/CSU's approach towards the use of nuclear power and contributes to the understanding of the long- term tendencies behind the "Fukushima reversal."
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Legal aspects of network industries and natural monopolies
Šik, Martin ; Handrlica, Jakub (advisor) ; Eichlerová, Kateřina (referee)
1 Summary Key words: Natural monopoly, network industry, energy industry, regulation, liberalization, unbundling, third party access The present thesis sets out to explore the legal aspects of network industries and natural monopolies. It researches these aspects using the example of the energy sector (i.e. the power and gas industries), which is a typical example of a network industry. In terms of its geographical scope, the thesis focuses on the EU energy law and its specific application in the Czech Republic. The fundamental point of departure for the present thesis is a believe that energy law is closely intertwined with economic policy, and is appropriately interpreted only in the context of the concrete measures, tools, and concepts meant to reflect a nation's energy policy. The main driver of energy policy, and hence also of energy law, is a reform of the energy industry aiming at its liberalization. The key tools for its successful implementation are economic regulation, third party access, unbundling, and public administration by independent regulatory bodies. Firstly, the present thesis discusses the economic characteristics of network industries, that is most importantly the existence of a natural monopoly. The second part of the thesis outlines the background of liberalization and the related...
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Black coal position in the Czech energy sector
Kolarčík, Vojtěch ; Škvařil, Jan (referee) ; Pospíšil, Jiří (advisor)
This bachelor‘s thesis describes role of coal (especially the black) on the energy industry of Czech Republic. It attends to present sort of reserves in the Word and by us. Next it evaluates actual sort of energy industry. Closely analyses the power station Dětmarovice. It looks for possibilities enjoyment of coal in the future not only in the energy sector.
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The economic analysis of the Russian Federation
Počárovská, Alena ; Jeníček, Vladimír (advisor) ; Němcová, Ingeborg (referee)
This thesis aims to set a complex view on the economy of the Russian Federation, show its strengths and weaknesses and evaluate its competitiveness in the context of oil and gas reserves. For this purpose the thesis is divided into three chapters. The first one analyses Russian macroeconomics and rates its efficiency, especially after 2000 and in relation to the global financial and economic crisis in 2008. Furthermore, the thesis describes country's energetic sector, its issues and perspectives, impact on economic growth and consequences of insufficient diversification and Russian dependency on export of resources. The main contribution of the thesis represents the last chapter which aims to identify Russian potential with regard to competitiveness, classify its possibilities, suggest solutions and changes needed to enhance competitiveness and ensure sustainable growth independent on resource prices. In conclusion, possible perspectives of Russian development until 2030 are brought forward. The analysis of competitiveness is based on the methodology of the World Economic Forum and Global competitiveness index.
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The analysis of current status and risks for future development of district heating industry in the Czech Republic
Juříček, Vlastimil ; Loužek, Marek (advisor) ; Hladík, Miroslav (referee)
The goal of the thesis is identification and analysis of key risks for Czech district heating sector with focus on coal availability and impact of the EU regulatory measures. In the Czech Republic district heating sector is an important part of energy industry. It serves heating needs of 1.5 million households and substantial amount of industry needs. Currently the question of possible brown coal shortage is becoming urgent. Dynamically changing regulatory framework generating requirements for additional investments is destabilizing. The sector is defined, its competitiveness is evaluated and further the risks are analyzed. Based on brown coal market analysis it is concluded that the current market situation can be considered as stabilized. In the long term perspective the question of possible lifting of the coal mining limits remains crucial. It is concluded that impacts of the EU regulatory measures can't be objectively evaluated at the moment. But it can be assumed that most of district heating companies will be finally able to meet the requirements.
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Specific processes and management in utility companies
Rajský, Jakub ; Svatá, Vlasta (advisor) ; Blažek, Viktor (referee)
Master thesis analyses factors which has influence on a way of process management within utility companies. Thesis expands results of previous researches from the of utility market and information systems field. The main objective is to prepare an overview and comparison of specialized ERP systems to support specific business processes of utility companies and analysis of selected ERP solutions against factors that influence the development of these systems. The partial aim is to analyze innovation factors, information acquisition and processing to theoretical basis. The benefits for the reader is the overview and comparison of ERP systems, overview of risk factors influencing the successful implementation and effective operation of the ERP system, analysis and design solution to strategic challenges in utility industry and analysis of partial ERP system againt these challenges.
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Doing business in Argentina: Challenges and Opportunities
Ovšák, Matúš ; Štěrbová, Ludmila (advisor) ; Damborský, Milan (referee)
This thesis presents current business climate in Argentina. It aims to provide an overview of the investment environment and to extend previous studies by closer view on the energy industry. Its main findings are the following ones: Recent economic and political development rise concerns among policy makers and executives. Argentina applies strong interventionist policy and frequently interfere into the free market functioning. Among the most important issues are: foreign currency controls, manipulation of statistical results and noncompliance with its debt obligation. In various occasion expropriated private companies with aim of markets correction. The thesis also presents a case study of the Spanish company Repsol, whose investments in the Argentinean YPF were nationalized. According to my findings this act occurred under unconventional procedure and violated several laws and agreements. These policies resulted in the lower confidence among foreign investors. And despite that final figures for 2012 are still not available, there are various signs that the level of investment declines.
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