International
20:01 6 February 2024
Post by: WBJ

EC approves €300 mln plan to ease Poland’s energy transformation away from coal

EC approves €300 mln plan to ease Poland’s energy transformation away from coal
Source: Pixabay

The European Commission approved Poland's €300 million state aid program to alleviate social costs linked to closing coal-fired power plants and lignite mines. The program offers severance payments to affected workers, allowing them to opt for annual compensation in exchange for severance outlined in existing labor agreements. Additionally, employees nearing retirement may receive up to four years of paid leave until retirement. The program spans a decade, ending in February 2034, with the possibility of extension.

Polish ministers met EU commissioners to discuss state aid for the mining and postal sectors, with provisional acceptance for public support in the lignite sector's social package, while further data is required for the postal sector's decision.

Source: PAP Business


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