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.
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.
2022 was another year of unexpected events. Russia’s full-scale invasion of Ukraine changed Europe’s approach to fossil fuel imports, particularly from Russia. The resulting energy crisis triggered by high gas prices and the decline in nuclear and hydroelectric production led to record high energy prices across Europe. These events are changing the way European countries look at the energy transition. Meanwhile, the modernisation of the Polish energy sector is still very slow. An overview of the increasingly comprehensive data on the energy sector is published by Forum Energii in the sixth edition of the report ‘Energy Transition in Poland. Edition 2023’.
2022 was another year of unexpected events. Russia’s full-scale invasion of Ukraine changed Europe’s approach to fossil fuel imports, particularly from Russia. The resulting energy crisis triggered by high gas prices and the decline in nuclear and hydroelectric production led to record high energy prices across Europe. These events are changing the way European countries look at the energy transition. Meanwhile, the modernisation of the Polish energy sector is still very slow. An overview of the increasingly comprehensive data on the energy sector is published by Forum Energii in the sixth edition of the report ‘Energy Transition in Poland. Edition 2023’.
Europe is going through its biggest energy crisis ever. The attention of decision makers is focused on ensuring energy and heat supplies in the coming months. Meanwhile, long-term challenges and problems in the energy sector that have not been solved before are only accumulating. One of them is the future of the largest power plant in Poland.
Europe is going through its biggest energy crisis ever. The attention of decision makers is focused on ensuring energy and heat supplies in the coming months. Meanwhile, long-term challenges and problems in the energy sector that have not been solved before are only accumulating. One of them is the future of the largest power plant in Poland.
Poland has started phasing out coal. But while production is decreasing, CO2 emission allowances are becoming increasingly expensive. After 2025, when public support for outdated coal blocks runs out, energy companies will want to shut them down. With a decade, at least 10 GW of power may be lost from the Polish power system. How can this gap be filled?
Poland has started phasing out coal. But while production is decreasing, CO2 emission allowances are becoming increasingly expensive. After 2025, when public support for outdated coal blocks runs out, energy companies will want to shut them down. With a decade, at least 10 GW of power may be lost from the Polish power system. How can this gap be filled?
Investment in the energy sector as a remedy for the crisis Insights
After a few weeks of the pandemic in Poland, we know for sure that the virus will infect the economy, even as we finally get rid of it ourselves. We need to act decisively right now. But we also need to think about economic recovery, in which the low-carbon transformation of energy has to take a central place. This is the time for bold decisions, so far postponed. A strategic rebuilding of the sector must be announced today to help society emerge from the crisis and provide long-term benefits.
Investment in the energy sector as a remedy for the crisis Insights
After a few weeks of the pandemic in Poland, we know for sure that the virus will infect the economy, even as we finally get rid of it ourselves. We need to act decisively right now. But we also need to think about economic recovery, in which the low-carbon transformation of energy has to take a central place. This is the time for bold decisions, so far postponed. A strategic rebuilding of the sector must be announced today to help society emerge from the crisis and provide long-term benefits.
The fourth capacity market auction was held on the 6th of December 2019. Although there were some long-awaited new projects, the Santa Claus gift (which the capacity market support could be) was offered primarily to the existing coal-fired units, which in most cases decided to modernize. They were allowed to participate in the auction for the last time, as the European Union regulations will not allow such participation from next year.
The fourth capacity market auction was held on the 6th of December 2019. Although there were some long-awaited new projects, the Santa Claus gift (which the capacity market support could be) was offered primarily to the existing coal-fired units, which in most cases decided to modernize. They were allowed to participate in the auction for the last time, as the European Union regulations will not allow such participation from next year.