What goes on in Poland on the 23rd of March.
Wróbel: it’s impossible to suspend or eliminate the ETS
Deputy minister of State Assets Janusz Kowalski suggested on a social media platform that the European CO2 trading system should be reformed in order to help the economies impacted by the coronavirus. „Suspending the system or eliminating it altogether means the directive would have to be amended. Putting forward propositions that are doomed to fail, lack legal basis and sound argumentation weakens the government’s position in its relations with EU institutions and member states,” Paweł Wróbel, BiznesAlert.pl’s contributor and head of Gate Brussels explains in an interview.
Kowalski: the coronavirus may exclude Poland from the ETS (INTERVIEW)
Janusz Kowalski, Deputy Minister of State Assets, says Poland needs to be excluded from the EU Emissions Trading System.
Polish Briefing: Poland will create an economy stimulation fund
What goes on in Poland on the 19th of March.
Gas operators release a new Central European Investment Plan
GAZ-SYSTEM together with TSOs of the CEE region are pleased to publish the Gas Regional Investment Plan 2019 (CEE GRIP) which provides a specific regional view of supply, demand and capacity developments in the CEE region for the upcoming decade.
Wojciechowski: a modern power industry needs cutting-edge technologies (INTERVIEW)
Without a doubt Poland’s power industry’s biggest potential lies in the construction of intelligent electric grids. This is an area of development that has been discussed for years. However, no political declarations confirming this will be Poland’s strategy have been made yet – says Piotr Wojciechowski, WB Group CEO in an interview with BiznesAlert.pl.
PGNiG: We managed to achieve a two percent increase in revenues in 2019
In 2019, the PGNiG Group posted revenue of PLN 42.02bn, which represents a two percent year-on-year increase. EBITDA and net profit came in at PLN 5.5bn and PLN 1.37bn, respectively.
It will take time before the gas prices impact the Yamal contract (ANALYSIS)
Gas prices across the world are at an all-time low because of the global economic slowdown, development of alternate supply sources of the blue fuel and growth of the LNG market. However, not all consumers will see the price drop immediately. This is because some contracts, like the Yamal deal, are indexed to oil prices – writes Mariusz Marszałkowski, editor at BiznesAlert.pl.
Ukrainian Gas Operator: We hope that Nord Stream 2 will not be completed (INTERVIEW)
– We hope that joint position of the EC and USA will not allow Gazprom to complete Nord Stream 2. Poland and Ukraine could get significant synergies from deeper integration of their gas markets – states Serhiy Makogon, Ukrainian GTS Operator CEO.
Gaz-System signed an agreement with CHP Plant Czechnica
The company concluded an agreement with Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A. on the connection of a new gas and steam unit to the transmission network. This investment is of key importance for Wrocław and its surroundings. At the moment CHP Plant Czechnica produces energy by burning coal and biomass.