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POWER: Poland to Invest €15bn in Energy Infrastructure, Lower Costs

POWER
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 Poland is planning to spend PLN65bn (€15.55bn) in transmission networks over the next decade, aiming to make low energy prices, while increasing support for biogas, heating, and energy storage, Finance Minister Andrzej Domanski said, cited by ISB News.

  • The investment will lead to Poland expanding and modernizing its energy infrastructure with 30 new power stations, upgrades to 110 existing stations, and 5,000km of new power lines.
  • Additionally, the new Capacity Market Act will enable energy companies to develop 7-8GW of new capacity.
  • Poland's nuclear energy investments include a PLN60bn budget for its first nuclear project in Pomerania and ongoing exploration of SMRs by Polish companies.
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 Poland is planning to spend PLN65bn (€15.55bn) in transmission networks over the next decade, aiming to make low energy prices, while increasing support for biogas, heating, and energy storage, Finance Minister Andrzej Domanski said, cited by ISB News.

  • The investment will lead to Poland expanding and modernizing its energy infrastructure with 30 new power stations, upgrades to 110 existing stations, and 5,000km of new power lines.
  • Additionally, the new Capacity Market Act will enable energy companies to develop 7-8GW of new capacity.
  • Poland's nuclear energy investments include a PLN60bn budget for its first nuclear project in Pomerania and ongoing exploration of SMRs by Polish companies.