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.
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.
A new approach to heating is needed in Poland. It is currently a neglected area where the necessary changes and modernisation have been postponed for years. As a result, every winter we have the most polluted air in the European Union and the Polish district heating system is on the verge of collapse. The costs and scale of the investments needed are enormous, but further delays will lead to an even higher prices.
A new approach to heating is needed in Poland. It is currently a neglected area where the necessary changes and modernisation have been postponed for years. As a result, every winter we have the most polluted air in the European Union and the Polish district heating system is on the verge of collapse. The costs and scale of the investments needed are enormous, but further delays will lead to an even higher prices.
In the following months, negotiations on the Fit for 55 package, which was proposed by the European Commission in July this, year will continue. One of the key elements of these negotiations is the reform of the EU Emissions Trading System (EU-ETS). The Polish government is arguing that the number of allowances allocated to Poland will be lower than the emissions of installations covered by the ETS, creating a so-called imbalance of CO2 emission allowances. Where does the imbalance come from, and can it be reduced? And is this the most important element in negotiations of the new EU ETS? We explain below.
In the following months, negotiations on the Fit for 55 package, which was proposed by the European Commission in July this, year will continue. One of the key elements of these negotiations is the reform of the EU Emissions Trading System (EU-ETS). The Polish government is arguing that the number of allowances allocated to Poland will be lower than the emissions of installations covered by the ETS, creating a so-called imbalance of CO2 emission allowances. Where does the imbalance come from, and can it be reduced? And is this the most important element in negotiations of the new EU ETS? We explain below.
Since the beginning of the year, CO2 emission allowance prices have risen by 70%, from EUR 30 to over EUR 50 per tonne. The rate of this increase has again triggered discussion in Poland on the purpose of the Emissions Trading System’s (EU-ETS) existence. Meanwhile, the EU discussion on the ETS, which is due to begin shortly, will not be about whether to abolish the system, but how to reform it so that the EU can achieve its decarbonization goals. Carbon pricing will be the most important tool for achieving the EU's 55% emissions reduction target in 2030. In this text, we explain the system’s basic operational principles and highlight expected discussion topics and possible upcoming changes.
Since the beginning of the year, CO2 emission allowance prices have risen by 70%, from EUR 30 to over EUR 50 per tonne. The rate of this increase has again triggered discussion in Poland on the purpose of the Emissions Trading System’s (EU-ETS) existence. Meanwhile, the EU discussion on the ETS, which is due to begin shortly, will not be about whether to abolish the system, but how to reform it so that the EU can achieve its decarbonization goals. Carbon pricing will be the most important tool for achieving the EU's 55% emissions reduction target in 2030. In this text, we explain the system’s basic operational principles and highlight expected discussion topics and possible upcoming changes.
How Poland can reach higher GHG emission reduction targets by 2030
At least 55%—this is the reductions target proposed by the European Commission for greenhouse gas emissions (GHG) by 2030. There is no turning back from increasingly demanding climate policy. In its latest analysis, Forum Energii shows how Poland can meet this policy.
How Poland can reach higher GHG emission reduction targets by 2030
At least 55%—this is the reductions target proposed by the European Commission for greenhouse gas emissions (GHG) by 2030. There is no turning back from increasingly demanding climate policy. In its latest analysis, Forum Energii shows how Poland can meet this policy.
EU climate policy is accelerating again. The European Commission has just proposed raising the target for reducing greenhouse gas emissions until 2030 to 55%. Poland has always opposed ambitious goals, but now a breakthrough seems possible―the end of coal is inevitable, we must take care of energy security, after coronavirus we need new investments, and reducing CO2 emissions is associated with improving air quality, which the government defines as a strategic challenge. By taking these measures now, in heat, electricity and transport, emissions can be reduced by over 40%. The remaining cuts will come from the new policies on industry and agriculture and the sharing of efforts between Member States.
EU climate policy is accelerating again. The European Commission has just proposed raising the target for reducing greenhouse gas emissions until 2030 to 55%. Poland has always opposed ambitious goals, but now a breakthrough seems possible―the end of coal is inevitable, we must take care of energy security, after coronavirus we need new investments, and reducing CO2 emissions is associated with improving air quality, which the government defines as a strategic challenge. By taking these measures now, in heat, electricity and transport, emissions can be reduced by over 40%. The remaining cuts will come from the new policies on industry and agriculture and the sharing of efforts between Member States.