Poland Set to Accelerate Energy Transition

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Poland News

Energy Transition,Clean Energy,Investment

Poland's largest state utilities are preparing for a surge in clean energy investments in 2025 ahead of the government's plan to spin off coal assets.

The biggest state utilities in Poland are preparing for a surge in clean energy investments in 2025, hoping that the government would move ahead with a plan to spin off coal assets that have been restricting the companies’ access to financial markets, executives told Bloomberg this week. “My dream is to agree on the whole carve-out model this year and carry it out the next year,” Grzegorz Lot, CEO at one of these utilities, Tauron Polska Energia SA, told Bloomberg in an interview.

Meanwhile, Poland’s government has signaled it would be looking to set an end date for using coal for power generation, a senior government official said. “Only with an end date can we plan and only with an end date can industry plan, can people plan. So yes, absolutely, we will be looking to set an end date,” Urszula Zielinska, the Secretary of State at the Ministry of Climate and Environment, said in Brussels earlier this year.

 

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