February 03, 2025 13:30 GMT
POWER: Poland Needs to Revamp Energy Sector Amid High Costs
POWER
Poland needs to quickly revamp its power sector as the country is risking to lose its competitiveness, Polish businessman Michal Solowow said, cited by Bloomberg.
- High taxes, carbon allowance permits, and aging power plants have caused higher power prices in Poland, which could cause Poland to lose out on new investments, Solowow said.
- Solowow is suggesting Poland to build SMRs in order to ensure cheap and reliable power.
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