Warsaw, Poland

Energy Market Operations

Funkcjonowanie Rynków Energii

Table of contents

Energy Market Operations at SGH

Language: Polish Studies in Polish
University website: ssl-www.sgh.waw.pl/en

Definitions and quotes

Energy
In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The SI unit of energy is the joule, which is the energy transferred to an object by the work of moving it a distance of 1 metre against a force of 1 newton.
Market
Market (economics)
Market
Underlying most arguments against the free market is a lack of belief in freedom itself.
Milton Friedman, Capitalism & Freedom (1962)
Energy
We must proceed with our own energy development. Exploitation of domestic petroleum and natural gas potentialities, along with nuclear, solar, geothermal, and non-fossil fuels is vital. We will never again permit any foreign nation to have Uncle Sam over a barrel of oil.
Gerald Ford, speech to the Anti-Defamation League of B'nai B'rith, West Palm Beach, Florida (January 26, 1974); reported in Congressional Record (February 4, 1974), vol. 120, p. 2044.
Market
Original research in mathematics and science.
Clive W. J. Granger, on question "In what sphere of life, if any, do you think it most important to limit the influence of market forces?", in "Nobel Laureates Offer Views on the Economy", Wall Street Journal (Sept. 3, 2004)
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