The synchronization of Ukraine with the European Union stabilizes its electricity system impacted by the Russian invasion. The situation is constantly changing, because of reasons that include jumps in supply from renewable sources and problems with infrastructure attacked by Russians, but cross-border exchange gives benefits on both sides of the EU border.
Synchronized grids benefit Poland and Ukraine
Polish government awaits a new plenipotentiary for strategic energy infrastructure
Polish government and strategic companies in the energy sector are waiting for the appointment of a plenipotentiary for strategic energy infrastructure. Discussions are ongoing, but there is no resolution yet.
Jakóbik: Something ends (Yamal), something begins (Baltic Pipe)
2023 was marked by the continuation of changes following the termination of gas supplies from Russia to Poland. The Yamal gas pipeline’s eastern entry point will be closed, while the Baltic Pipe is upping supply from Norway – writes Wojciech Jakóbik, editor-in-chief at BiznesAlert.pl.
PIE: Sticking with coal would double energy prices in Poland (ANALYSIS)
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 market in the years 2030-2060 would be higher on average by up to 120 percent compared to a scenario where the development of renewable energy sources would accelerate – says a report by the Polish Economic Institute (PIE) and the Polish Development Fund (PFR) titled „The Cost of not Decarbonizing the Economy.”
Poland got EUR 5 billion from the EU to support energy transition
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 is to be invested in green energy and technologies that support it.
Kuffel: Poland may become the largest LNG importer in the region
Poland has a huge potential to develop its LNG sector and with a favorable economic policy, it can grow into the largest gas importer in Central and Eastern Europe – writes Magdalena Kuffel, contributor to BiznesAlert.pl.
Perzyński: Korea’s K2 goes to Poland
The Korean K2 Black Panther tank is to bring the Polish army to a higher level, and the national arms sector is to acquire technology transfer and innovation. However, the new government has announced that it would re-examine all arms contracts, which could weaken the Polish-Korean weapons partnership – writes Jacek Perzyński, editor at BiznesAlert.pl.
Mining will get more time to pay its dues
The Senate Economy Committee has not introduced any amendments to the Law on Suspending the Payment of Obligations of the Bituminous Coal Industry – reports the Polish Press Agency (PAP). The amended bill pertains to PLN 1.82 billion out of which about 820 million is owed by Polska Grupa Górnicza (PGG) as contributions to the Social Insurance Institution (ZUS) for previous years.
Costly oil with a Kazakh label
Belarus has raised the tariff on oil supplies through the Friendship pipeline, including the northern thread, which transports fuel classified as from Kazakhstan to Germany. The increase by almost half prompts a search for a route outside Russia.
Dąbrowski: Poland needs over a trillion zlotys for the energy transition
„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 an interview for the portal WNP.PL.