MNI China Daily Summary: Tuesday, Dec 3

MNI BRIEF: China-Based UK Firms Facing Challenges

MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1996 Tue; -1.92% Y/Y

MNI NBP WATCH: Another Policy Hold, Dovish Communications Tilt

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: US REDBOOK: NOV STORE SALES +5.5% V YR AGO MO

MNI: SWISS NOV CPI -0.1% M/M, +0.7% Y/Y

MNI: TURKEY NOV CPI +2.24% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

COAL: Tauron to Possibly Not Separate Coal Assets

COAL
BulletPower BulletsEnergy BulletsCommodities

Polish utility Tauron is preparing for the possibility of not separating its coal assets, with a decision anticipated by the end of this year, CEO Grzegorz Lot said, cited by ISB News.

  • “Of course, the preferred solution for us is to separate coal assets, because it provides much greater investment opportunities, but we are also prepared conceptually and organizationally for the scenario of no separation, when we take on the entire transformation,” Lot added.
  • Poland’s previous government had been mulling the decision to buy Polish utility's coal assets and the debt associated with them. The units would be managed by state-owned firm NABE in a bid to increase investments in renewables and quicken the transition.
  • But the current Polish government put the decision on hold.
  • “We hope that the decision on this matter will be made by the end of 2024, although of course, it does not depend only on us," added the president,” Lot said. 
152 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Polish utility Tauron is preparing for the possibility of not separating its coal assets, with a decision anticipated by the end of this year, CEO Grzegorz Lot said, cited by ISB News.

  • “Of course, the preferred solution for us is to separate coal assets, because it provides much greater investment opportunities, but we are also prepared conceptually and organizationally for the scenario of no separation, when we take on the entire transformation,” Lot added.
  • Poland’s previous government had been mulling the decision to buy Polish utility's coal assets and the debt associated with them. The units would be managed by state-owned firm NABE in a bid to increase investments in renewables and quicken the transition.
  • But the current Polish government put the decision on hold.
  • “We hope that the decision on this matter will be made by the end of 2024, although of course, it does not depend only on us," added the president,” Lot said.