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Increase in energy prices to hit Polish companies

12:09

Increase in energy prices to hit Polish companies
Source: Photo by israel palacio on Unsplash

The increase in electricity prices will reduce the competitiveness of Polish companies. On the day-ahead market, the weighted average price of electricity in September was PLN 465.70 per 1 MWh. This means an increase of over 20 percent compared to the price of the previous month. Compared to September 2020, prices have increased by 91 percent.

Energy-intensive industries, where the costs of energy, including electricity, have a large share in the structure of expenses will be the most affected…

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