Locked content Poland seeks to promptly amend law for electricity prices

Polish Energy Minister Krzysztof Tchórzewski said to seek urgent amendment of the law on capping electricity prices. “I have admitted that we have interfered too deeply with URE authority through solutions within the law and we will make a step back here,” Tchorzewski told RMF Radio. He ...

Locked content Average families will not pay more for electricity in 2019 – Tch...

Polish families whose annual income falls within the first tax threshold will not pay higher bills for electricity in 2019 compared to 2018, the Minister of Energy Krzysztof Tchórzewski said. Earlier Tchórzewski told the Polish Press Agency (PAP) that in 2019 the electricity bills for households sho...

Locked content Ministry wants power groups to trade all energy on TGE power exchange

The Ministry of Energy wants power utilities to sell all of their output on the TGE power exchange. Excluded would be cogeneration and renewable energy. The ministry hopes that such move will stabilize prices on the energy market which have gone up in recent months. “I hope that it will prevent unju...

Locked content KGHM CEO dismissed due to losses on foreign assets – Tchórzewski

The CEO of WSE-listed, state-run copper and silver giant KGHM, Radosław Domagalski-Łabędzki was dismissed, as the company was generating losses on its foreign assets, Energy Minister Krzysztof Tchórzewski said. “The supervisory board expected changes to KGHM’s operations abroad. The company is...

Locked content Tchórzewski: coal share in energy mix to drop to 50% by 2050

The share of coal in Poland’s energy mix should drop to 50 percent by 2050, according to the ministry of energy estimates. In 2015, it stood at 79.1 percent. “We assume that in 2031 this share will be at 60 percent and by 2050 at 50 percent,” Energy Minister Krzysztof Tchórzewski said. He added that...

Locked content Tchórzewski: the nuclear plant will be built

Energy Minister Krzysztof Tchórzewski said that he is confident that Poland will build its first nuclear power plant, and is close to picking the investment’s financing model. “I’m 90 percent certain that its construction will be launched during my tenure,” he said. Poland needs the plant to improve...