The double edged sword of creating a competitive energy market

Within the next few days, the government should begin work on the project of dissolving long-term contracts (KDT) between energy producers and the Polish Power Grid (PSE). Up to now thanks to these contracts, banks had a guarantee of getting their loans back, but at the same time the KDTs posed a major obstacle to the process of creating a competitive energy market. The plan to abolish KDTs was accepted on Thursday during the meeting of a group dealing with the power market, headed by Marek Kossowski, the Deputy Minister of Economy, Labour and Social Policy. The issue is regarded as urgent and should be completed by the end of the year. As a first step, a one-purpose PSE company has to be created with the right to benefit from restructuring charges (ROS) paid by all receivers of energy. (Puls Biznesu, p. 4) K.Z.