Polish Briefing 3 December, 2018 9:00 am   
COMMENTS: Mateusz Gibała

Polish Briefing: RES will not interfere with the nuclear. Baltic Pipe will stabilize the gas market

What goes on in Poland on the 3rd of December.

Ministry of Energy: Poland can afford the nuclear. No collision with the RES

According to the minister of energy, Poland can cope with the construction of nuclear energy. At the same time, it will allow the development of Renewable Energy Sources that “will not interfere”.

The minister of energy said that the energy strategy is the fruit of a social compromise. It assumes a reduction of the share of coal in the energy mix, while securing the growing demand for electricity.

– The internal consensus will result in public consent in this area – said Krzysztof Tchórzewski, the minister of energy. – There will always be problems. We will always solve them – he assured. – We want to introduce some zero-emission sources. For sure, we also want to introduce Renewable Sources of Energy (RES), but there must be certain sources, entering their place and having priority – he said.

– Nuclear power was introduced to the mix, because we notice in our country that we will be able to afford it – he assured. – Possible external capital opportunities are such that if there is a need and we will not be able to deal with it in Poland, there will be opportunities to raise external capital.

– We can responsibly say that in terms of capital required for investments in the field of energy transformation, as the Polish state, citizens and entrepreneurs, plus those who want to cooperate with us, we are able to deal with it – Tchórzewski assured. In his opinion, “there is no collision” of these plans with the prospects of the development of RES.

– Not necessarily one sector must displace the other. They can complement each other – assured Deputy Minister of Energy Grzegorz Tobiszowski. – Introduction of a large amount of photovoltaic technology is not accidental. When the sun shines strongly in Poland, the wind does not blow. We look at the fact that shortages may occur (supplies from wind energy – editorial note) – he added.

The energy strategy, or Poland’s Energy Policy 2040, is to lead to mutual complementation of energy sources. The project was sent for consultation, which will last until January 15, 2019. – The market will operate after 2030. Naturally, there will be something that occurs in other countries, so modernized and modernized windmills on land will function – Tobiszowski assured. To this, he added a perspective the construction of about 7 GW offshore energy.

Woźniak: Baltic Pipe will stabilize the gas market

The Management Board of PGNiG SA is satisfied with the information on the investment decision regarding the construction of the Baltic Pipe gas pipeline. This is a key investment from the point of view of Poland’s energy security and implementation of the PGNiG Group strategy.

“The construction of Baltic Pipe will finally allow Poland to bring gas from our fields on the Norwegian Continental Shelf. Thanks to this investment, we will gain direct access to resources that have been used by other European countries for a long time, what is essential for the stabilization of the natural gas market in Poland as well as in Central and Eastern Europe,” commented Piotr Woźniak, President of PGNiG Management Board.

The PGNiG Group has been operating on the Norwegian Continental Shelf for 11 years. It owns shares in 20 licenses, and acts as an operator on two of them, being the first company from Poland. In line with its strategy, after 2022 the PGNiG Group plans to extract in Norway 2.5 billion cubic meters of natural gas a year.

In 2017 PGNiG reserved the capacity of the Baltic Pipe for the period from October 1, 2022 to September 30, 2037.