Renewables – Strona 4 – BiznesAlert EN

PIE: Sticking with coal would double energy prices in Poland (ANALYSIS)

Joanna Słowińska - 29.12.2023, 8:00

Shifting away from fossil fuels in energy generation is becoming a necessity for both environmental and economic reasons. If Poland stuck with coal, the price of electricity on the wholesale […]

Renewables

Poland got EUR 5 billion from the EU to support energy transition

Joanna Słowińska - 28.12.2023, 8:00

The Ministry of Development Funds and Regional Policy, announced via social media that Poland had received a bank wire from the REPowerEU program. The amount is five billion euros, which […]

President of PGE Wojciech Dąbrowski. Picture by BiznesAlert.pl

Renewables

Dąbrowski: Poland needs over a trillion zlotys for the energy transition

Wojciech Dąbrowski - 22.12.2023, 7:35

„The investment needs for the energy transition are enormous. For the entire transformation, Poland needs more than one trillion zlotys,” says Wojciech Dąbrowski, president of Polska Grupa Energetyczna (PGE) in […]

Taishan nuclear power plant. Picture by EDF

Renewables

A nuclear alliance with Poland aboard is fighting for money

Wojciech Jakóbik - 21.12.2023, 7:25

A nuclear alliance with the participation of Poland calls for the climate policy to be based on renewable and nuclear energy. It’s a game for money that can bankroll Poland’s […]

Renewables

Jakóbik: Orlen will go green despite scandals

Wojciech Jakóbik - 19.12.2023, 7:35

The noteworthy greening of the Orlen logo is only a symbol of a larger change in the development strategy of this concern, which has confirmed in its strategic documents that […]

Mysłowice-Wesoła Coal Mine / Photo by Wikimedia Commons

Renewables

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.

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

Renewables

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 […]

Renewables

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 […]

Onshore wind farms. Picture by Enertrag.

Renewables

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 […]

Andrzej Duda at COP28. Picture by the President's Office.

Renewables

Poland’s President at COP28

Wojciech Jakóbik - 04.12.2023, 7:25

Poland’s president talked at the Dubai climate summit about how Poland wants ot reduce greenhouse gas emissions thanks to combining renewable and nuclear energy.