Renewables ‘cheaper than gas’ for Polish transition
Poland should invest in renewables rather than new gas-fired capacity for reasons of cost and security of supply, according to a report from NGO Carbon Tracker. The country is traditionally reliant on coal-fired power to generate electricity but is currently looking to transition away from the fuel. Poland’s plans are based on a switch towards gas-fired power, awarding these plants long-term contracts in its most recent capacity market auction in December 2021. Six gas-fired power plants are planned for construction in Poland between 2023 and 2027 with a total capacity of 3.7GW. With the recent invasion of Ukraine and the EU’s ambition to use less Russian gas, Poland should instead invest in
Also in this section
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies