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Poland considers separating coal-fired power capacity from energy groups

The Polish government is working on a plan to take over coal-fired power capacity from energy groups, including PGE, Tauron, Enea and Energa, and to consolidate it in a separate entity. The objective would be to maintain coal assets on the capacity market and give great development opportunities for renewables, as having coal assets makes it difficult for energy groups to access investment financing. The programme could take months to materialise. As of June 2020, coal-fired capacity accounted for 64% of Poland’s total capacity.

In May 2020, the Polish energy group PKN Orlen announced that it would only carry on with the construction of a thermal power plant in Ostroleka if the project is fuelled with gas instead of coal. Earlier in May 2020, PKN Orlen took over state-run utility Energa, which was planning to develop the 1,000 MW Ostrołęka C coal-fired power plant that would be the last coal-fired project to be built in Poland. Energa and ENEA dropped financing for the project in February 2020.

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