New Industrial Deal 2024+. How to sensibly revamp Polish industry?
The EU debate on industrial modernization is entering a crucial phase. Mario Draghi's report, published in mid-September and commissioned by the European Commission, leaves no room for illusions: Europe is lagging behind the U.S. or China in terms of economic competitiveness, so it urgently needs a modern strategy for further development, including a new idea of how industry should function. The countries of the Community that do not get on this train will cease to count on the global market. If Poland does not want to belong to this group - it urgently needs to prepare a strategy for modernization and decarbonization of domestic industry.
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New Industrial Deal 2024+. How to sensibly revamp Polish industry?
The EU debate on industrial modernization is entering a crucial phase. Mario Draghi's report, published in mid-September and commissioned by the European Commission, leaves no room for illusions: Europe is lagging behind the U.S. or China in terms of economic competitiveness, so it urgently needs a modern strategy for further development, including a new idea of how industry should function. The countries of the Community that do not get on this train will cease to count on the global market. If Poland does not want to belong to this group - it urgently needs to prepare a strategy for modernization and decarbonization of domestic industry.
Energy Transition in Poland. 2024 Edition
Poland’s energy transition is progressing, and 2023 was a year of real records. Although coal remains the main source of electricity production, its share in the mix fell to an all-time low of 60.5%, down 10 p.p. from a year earlier. Production from RES reached 27% for the first time. At the same time, energy production from natural gas increased, by more than 40%. This is a result of falling fuel prices and the flexibility of gas generation. Wholesale energy prices in Poland compared to other EU countries remain very high, and the economy’s dependence on imported fossil fuels is growing rapidly. In the latest, seventh edition of the “Energy Transition in Poland” report, Forum Energii presents the state of transition play and a broader look at the overall process.
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Energy Transition in Poland. 2024 Edition
Poland’s energy transition is progressing, and 2023 was a year of real records. Although coal remains the main source of electricity production, its share in the mix fell to an all-time low of 60.5%, down 10 p.p. from a year earlier. Production from RES reached 27% for the first time. At the same time, energy production from natural gas increased, by more than 40%. This is a result of falling fuel prices and the flexibility of gas generation. Wholesale energy prices in Poland compared to other EU countries remain very high, and the economy’s dependence on imported fossil fuels is growing rapidly. In the latest, seventh edition of the “Energy Transition in Poland” report, Forum Energii presents the state of transition play and a broader look at the overall process.
Past time for gas?
Over the past two years, natural gas has become a high-risk fuel: it is subject to huge price fluctuations and, following the disruption of supplies from Russia, competition for imports of this resource from other sources is increasing. Not long ago, there were plans in Poland to significantly increase the consumption of natural gas throughout the economy - by 75% by 2035. It was supposed to be a transition fuel.
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Past time for gas?
Over the past two years, natural gas has become a high-risk fuel: it is subject to huge price fluctuations and, following the disruption of supplies from Russia, competition for imports of this resource from other sources is increasing. Not long ago, there were plans in Poland to significantly increase the consumption of natural gas throughout the economy - by 75% by 2035. It was supposed to be a transition fuel.