It's supposed to be wind and gas, not coal. PGE considers joining an unprofitable project, its shares falls.
In October 2018 PGE, Poland’s largest utility, declared that the company's priority was not coal, but wind and gas. In response to the information announced on 7 January 2019 that the company wass considering joining the Ostrołęka C coal construction project, the prices of PGE shares are falling and analysts warn that involvement in the project is risky.
więcej
Co-creator of Polish Power Grid: neither Poland nor the Baltic States need Ostrołęka C. It can only harm them.
The Minister of Energy admitted that the construction of Ostrołęka C was not in Poland's interest, but he claimed that it is indispensable for EU synchronization with the Baltic states. Former President of the Polish Power Grid, Prof. Dr. Jan Popczyk, refutes this claim.
więcej
Coal could be falling from sky, and Ostrołęka C still would not be viable - new study shows
Shortly after the results of Polish capacity market auctions were released, an updated version of the viability study of Ostrołęka C once again showed that burning coal is economic nonsense. Despite a vast subsidy of 2.7 bn PLN (0.6 bn EUR) and 15-year long contract, the unit would still bring no profit at all for the investors.
więcej
Letter from 13 Polish NGOs regarding capacity mechanisms reform
Ahead of the final trilogue on the electricity Market Design that will take place on 18th December (Tuesday), 13 Polish social organizations which work for environmental and climate protection appeal to Ministers and MEPs to ensure that the power mechanism is not used to support the construction of new coal-fired capacities such as the planned Ostrołęka C power plant in Poland.
więcej
Minister of Energy finally admits it - Ostrołęka C unnecessary and economically harmful!
At COP24 in Katowice Minister of Energy Krzysztof Tchórzewski confirms construction of Ostrołęka C power plant to be against Poland's economic and environmental interest. He claims, however, that constructing of this power plant is required for cooperation with the Baltic states. Stop Ostrołęka C coalition comments: no international documents support it.
więcej