RWE: Coal here to stay, but new technologies will arrive
15:10
Energy provider RWE presented a report to the Polish Sejm, saying that the country will utilize coal power for the next 35 years. Further, the report stated that energy bills should not change drastically, as read in a Forsal.pl article.
A Sejm energy commission heard from Filip Thon, the president of RWE Polska, that due to the growing importance of new technologies the prices of energy should remain steady. On the other hand, the price of energy on the power exchange has risen by 10 percent recently. The Energy Regulatory Office must approve any change in energy bills to the consumers, and has recently blocked a request from four companies to raise electricity prices.
RWE analysts stated that photovoltaics and wind energy will play an increasing role on the market, which is directly tied to the European Community's goal of decreasing CO2 emissions by 40 percent before 2030 compared with 1990s levels. Prime minister Kopacz recently announced that she will lobby against the throttling of emissions goals by the EU.