Energy Archives - Strona 23 z 159

Mysłowice-Wesoła Coal Mine / Photo by Wikimedia Commons

Poland is dropping coal-fired energy fast

Jędrzej Stachura - 19.12.2023, 7:20

PSE, the operator of the National Electricity System, reported that the percentage of hard coal in electricity production fell in November to 49.36 percent year-on-year.

Schwedt Refinery. Picture by Aleksandra Fedorska

Energy

Two Polish companies lost the fight for a German refinery

Wojciech Jakóbik - 18.12.2023, 7:35

Shell’s minority stake in the German refinery Schwedt will go to the Prax Group from the UK after talks on this issue with Poland’s Unimot. Earlier, Orlen had failed to take over the shares of the Russian Rosneft, which remains the majority shareholder of the plant.

The Council of the European Union and its Parliament have reached a political agreement on the electricity market reform, which includes a transitional period until 2028, during which Poland will be able to support its coal-fired power plants. EU flags. Picture by pixabay.com The derogation in the agreement on the reform of the European Union electricity market design extends the permission for Poland (as well as Germany and other EU members) to apply the capacity market as a support mechanism until the end of 2028. This is the result of the actions of Polish members of the European Parliament, including Jerzy Buzek. "The compromise reached between the European Parliament and the Council is important for two reasons," says Ryszard Pawlik, Jerzy Buzek's advisor. "The first is the possibility of maintaining the capacity market support for coal-fired power plants until the end of 2028. This is good news for Poland's energy security and reliability of power supply. This is particularly important in the context of the energy crisis, which, after all, we – as the European Union – are unfortunately still experiencing. That is also why we in the EP have been pushing hard for months for the possibility of extending this derogation," he said. "The second reason is crucial, as the condition for extending this derogation is to present a clear plan of how and what we intend to replace the current coal units in the capacity market with once the derogation has expired, i.e. in 2029 at the latest. The idea is to use these extra few years to really engage in a thorough and actual energy transition, which will include a surge increase in RES availability together with the expansion of the grid and storage capacity. This is a great challenge, of which the new government is certainly deeply aware," professor Buzek's advisor told BiznesAlert.pl. The reform introduces contracts for difference as the main tool to support new energy projects. The Council of the European Union will also be able to declare an energy crisis in the event of a sudden increase in wholesale energy prices. The agreement is provisional and has yet to be approved by these EU bodies. Council of the European Union / Wojciech Jakóbik

Energy

Brussels to flood Poland with billions

Jacek Perzyński - 18.12.2023, 7:30

The head of the European Commission Ursula von der Leyen at a meeting with Prime Minister Donald Tusk said that Poland by the end of the year will receive an advance for the National Reconstruction Plan (KPO) in the amount of 5 billion euros (approx. PLN 22 billion).

Energy

Gibała: Polaris, or Poland’s leap in the future with Norway

Joanna Słowińska - 15.12.2023, 7:35

The carbon capture project, in which PGNiG Upstream Norway is involved in Norway, reveals the potential for energy cooperation between Poland and Norway, which can support Poland in the implementation of projects related to wind, solar and geothermal energy. Joint work on energy storage technology can contribute to the efficient use of renewable sources – […]

Energy

Polish coal got time in Brussels and the electricity market – a reform

Wojciech Jakóbik - 15.12.2023, 7:30

The Council of the European Union and its Parliament have reached a political agreement on the electricity market reform, which includes a transitional period until 2028, during which Poland will be able to support its coal-fired power plants.

Energy

Jakóbik: Tusk’s expose ignores the need to prepare the energy industry for war

Wojciech Jakóbik - 14.12.2023, 7:35

In his expose Donald Tusk spoke about energy mainly in the context of wind turbines, but the list of megaprojects that must be continued is known. However, one megaproject needs to be added, and the security of the entire eastern flank of NATO, which may have less than five years to deter Russia, may depend […]

Energy

Gas pipe that will connect Poland and Lithuania almost done

marcinkarwowski2 - 13.12.2023, 7:35

Energa has completed tests of the gas pipeline in Ostrołęka. Eventually, it will be connected to the international GIPL gas pipeline. The investment is expected to be ready for use in 2024.

Patriot System in Turkey. Picture by U.S. Department of Defense.

Energy

New PM promises to honor military equipment contracts

marcinkarwowski2 - 13.12.2023, 7:30

Poland’s new Prime Minister had an expose today. One of the topics he talked about were the contracts for the army signed by the previous government. He also introduced the new Minister of National Defense and talked about his political plans.

President of PGE Wojciech Dąbrowski during EKG 2022. Source: Twitter/PGE

Energy

Dąbrowski: The new government in Poland will admit that coal assets agency is the right idea

Wojciech Dąbrowski - 12.12.2023, 7:35

„We don’t have to call it NABE, but the process of separation has to happen. If there is a change of government, then those who will take responsibility for the Polish energy sector, after reading the financial forecasts of energy companies, will admit that this is the right idea. Corporations with coal assets will not […]

Onshore wind farms. Picture by Enertrag.

Energy

Perzyński: Energy price freeze takes precedence over onshore wind

Jacek Perzyński - 12.12.2023, 7:30

The future of energy prices in the coming years will be determined by the new governement’s ability to release the potential of renewables, but for now they will remain frozen albeit at a less generous level than what the outgoing government had planned – writes Jacek Perzyński, editor at BiznesAlert.pl.