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What goes on in Poland on the 29th of December.
“An increase in electricity prices in 2024 is inevitable”
The President of the Energy Regulatory Office (ERO) informed that protected customers will face an increase in electricity prices in 2024. However, it is likely to be lower than if it were introduced from the next year based on current market conditions.
– The postponed increase in electricity bills for protected customers seems inevitable in 2024 – informed Rafał Gawin, President of the Energy Regulatory Office.
– It is difficult to predict how the market will behave in a few months, let alone in a year or two. Everything will depend on the situation on the fuel market, or rather gas, which today is unstable and unpredictable. If Europe manages to diversify gas fuel supplies, primarily in the form of liquid LNG, prices should fall and, above all, stabilize. However, even with these optimistic assumptions, an increase in electricity bills in 2024 for protected customers seems inevitable. Today, it has been postponed, so it will most likely be lower than if it were introduced from the next year based on current market conditions – said Gawin.
Poland will urge the Commission to extend the capacity market
– During the talks with the European Commission, we will propose the possibility of a possible extension of the capacity market, informed the Minister of Climate and Environment Anna Moskwa. She also referred to the topic of updating the Polish energy strategy.
The support within the capacity market for coal-fired units ends in 2025. This is required by EU regulations. – We evaluate the capacity market very positively, especially in recent months. For us, it works both at the level of savings and calling for presence in the system. In talks with the EC, we will postulate the possibility of extending the capacity market, said Minister Anna Moskwa when asked about plans to extend public support for coal-fired units. The head of the Ministry of Climate and Environment stressed that for energy security, the country should have at least a mechanism similar to the capacity market in place after 2025, which could support the operation of stable coal sources.
