The new electricity market agreed during the trilogue in the European Union could mean a revolution on the Polish market. The change in the entries regarding the investment stage of a given coal-fired power plant project, where it can receive public aid, in the case of Poland’s capacity market, could result in the deprivation of energy companies that have already spent billions of PLNs on new generation capacities. Ultimately, however, at the conclusion of negotiations, the Polish side managed to ensure that all projects in the construction phase that will win power market auctions by the end of 2019 will receive support. For the project of Ostrołęka C Power Plant and other investments that are at an advanced stage of construction it means the possibility of using this mechanism – writes Bartłomiej Sawicki, editor of BiznesAlert.pl.
Polish Briefing: The government has a plan for raising prices of energy
What goes on in Poland on the 27th of December.
McKeel: Poland needs diversification of its energy mix
– Countries like Poland need an energy diversity. If you depend on one country for your fuel supply, you’re at risk. So, for such a coal-dependent country like Poland, gas becomes an alternative transition fuel to getting renewables gradually including nuclear as base load – said Robert McKeel, Chief Marketing Officer at GE Power in an interview with BiznesAlert.com.
Gaz-System CEO elected to the ENTSOG board
On 12th December 2018, during the ENTSOG General Assembly – the European Network of Transmission System Operators for Gas – the new ENTSOG Management Board for the term 1st January 2019 – 31st December 2022 was elected.
Polish Briefing: Success of EU capacity market negotiations
What goes on in Poland on the 21st of December.
PGNiG: Final consent to buy Tommeliten Alpha interest from Equinor
PGNiG Upstream Norway AS obtained a consent of the Norway’s Ministry of Petroleum and Energy to purchase over 42% shares in the Tommeliten Alpha filed from Equinor. The acquisition will allow to increase company’s gas production output from Norwegian portfolio by 0.5 bcm/year.
The LNG terminal in Świnoujście will be expanded
On 19 December 2018, Polskie LNG officially announced the commencement of the tender procedure to select a contractor for three key projects within the President Lech Kaczyński LNG Terminal Expansion Program. These components include construction of the third LNG process storage tank, delivery of additional process installations increasing the regasification capacity, and the LNG transhipment installation together with a railway siding. The overall objective of the said projects is not only to increase Poland’s energy security, but also to allow Polskie LNG to offer new services to domestic and foreign customers alike.
Polish Briefing: USA wants to create a virtual gas pipeline to Europe
What goes on in Poland on the 20th of December.
Sempra Energy and PGNiG signed a definitive agreement for LNG deliveries to Poland
Port Arthur LNG, LLC, a subsidiary of Sempra Energy (NYSE: SRE), and the Polish Oil & Gas Company (PGNiG) today announced they have entered into a definitive 20-year sale-and-purchase agreement for liquefied natural gas (LNG) from the Port Arthur LNG liquefaction-export facility under development in Jefferson County, Texas.
Do we really know what we are doing with energy transmission system?
Are we ready for experiment with the security of the European power system by trading at wholesale markets in full detachment from underlying system operations? – asks Konrad Purchała Ph.D., director for European Integration Policy, Polskie Sieci Elektroenergetyczne.