Cheaper, cleaner electricity imports put pressure on Poland’s high-cost coal-fired power generators

first_imgCheaper, cleaner electricity imports put pressure on Poland’s high-cost coal-fired power generators FacebookTwitterLinkedInEmailPrint分享Reuters:Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.Poland’s power imports soared by 24.6% to 8.1 TWh in the first nine months of the year compared with the same period in 2018, data from power grid operator PSE shows. Although still a small part of the country’s total energy requirements, the rise is being driven by a surge in wholesale electricity prices in Poland, where 80% of power generated comes from burning coal, as carbon emission costs and coal prices increase.The majority of Poland’s electricity imports this year came from Sweden and Germany, where average wholesale prices in the first half of the year were 175 zlotys ($44.71) and 165 zlotys per MWh respectively compared to 229 zlotys in Poland.While the increase in imports helps Poland meet rising demand for power – total consumption between January and July was 98.7 TWh, according to PSE data – and is welcomed by the European Union, it adds to pressure on Poland’s state-run utilities which produce power mostly from coal and lignite.Poland’s biggest energy group PGE reported a fall in power production in its lignite and hard coal power plants of 12% and 19% respectively in the first half of 2019, citing the increase in imports, with the trend expected to continue for the rest of 2019.“This is not a comfortable situation for Polish utilities,” said Robert Maj, an analyst at Ipopema Securities.More: Poland’s cleaner power imports pile pressure on coal energylast_img

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