Polish Briefing 29 April, 2020 9:00 am   
Editorial staff

Polish Briefing: Another step towards the synchronization of the Baltic States through Poland

What goes on in Poland on the 29th of April.

Another step towards the synchronization of the Baltic States through Poland

Energy regulators in Poland, Lithuania, Latvia and Estonia have signed an agreement on the distribution of costs of the second phase of synchronization of the power system of the Baltic States with the continental with the help of Poles. They will fight for the largest possible EU funding.

The costs will be borne by transmission system operators in individual countries, so in Poland they will be PSE, which will receive EUR 535.76 million, excluding EU support. Lithuanians will pay 474.01 million euros, Estonians will pay 110.60 million euros, and Latvians will pay EUR 99.50 million. The agreement of regulators is one of the requirements of a joint application for co-financing of the European Commission from the Connecting Europe Facility (CEF), which can cover up to 75 percent of the costs of projects on the list of Projects of Common Interest.

Polska Grupa Górnicza will look for the concept of action in the age of coronavirus and climate policy with the trade unions

The Management Board of the Polish Mining Group (PGG) is developing a comprehensive program of functioning in a changed economic environment caused by the implementation of the EU climate policy and the spread of the coronavirus – said Deputy Prime Minister and Minister of State Assets Jacek Sasin in response to parliamentary interpellations. The concept will be preceded by “thorough consultations with stakeholders, including with trade unions. ”
Jacek Sasin reported that PGG’s financial statements are currently under review, which will include an impairment test and verification of reserves. However, it should be noted that the deadline for preparing the financial statements for 2019 is 30 June 2020, and by 30 September 2020 it should be approved by the General Meeting.

PERN plans to build 15 tanks for petroleum products

PERN plans to build 15 oil storage tanks with a capacity of 32 thousand cubic meters each. This oil infrastructure operator has announced a tender for the documentation of new facilities. This is the next stage of expansion of PERN fuel bases. The company announced an open tender procedure for their design. Offers can be submitted until May 29 this year.