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New Polish coal plant to become political poisoned chalice

New Polish coal plant to become political poisoned chalice

As Energa, one of the four largest energy providers in Poland, prepares to greenlight the construction of the EU's last sizeable hard coal plant, a new report is highlighting that it stands no chance of being profitable, leaving the investment looking more like a political fix for Law and Justice MPs ahead of upcoming local elections.

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New report smashes Ostrołęka C - the power plant shows deep unviability

New report smashes Ostrołęka C - the power plant shows deep unviability

The latest report by Michał Hetmański from the Instrat Foundation "Ostrołęka C - next steps for the Europe's last coal power plant" indicates substantial unviability of the largest new coal power plant in the EU and serious legal doubts around the investment process.

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World insurance leader Munich Re quits coal - bad news for Ostrołęka C

World insurance leader Munich Re quits coal - bad news for Ostrołęka C

As a result of social pressure, one of the world's largest insurers - Munich Re - announced withdrawal from insuring coal-based projects. This decision may have serious consequences for the course and costs of the Ostrołęka C project.

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Capacity market: leftovers for Ostrołęka C

Capacity market: leftovers for Ostrołęka C

Support for energy producers in the form of the capacity market in the first year may cost up to PLN 7.45 billion, however mainly gas power plants are the recipients. For Enea and Energa "there will be leftovers". Energa has repeatedly emphasized that payments from the capacity market are necessary for the profitability of the Ostrołęka C project.

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Social PRE_COP24: climate change denialism and defense of coal

Social PRE_COP24: climate change denialism and defense of coal "business as usual"

Soon it will be too late, a tragedy awaits us, the apocalypse (...) there is no other way than quitting coal, oil and gas burning, only decarbonization - appeal authorities in the field of environmental protection. Poland not only doesn’t take action to stop climate change, but it also has a completely different point of view. Is Poland going to deny the climate crisis at the December COP24 Climate Summit in Katowice?

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