December 3, 2020 Read More →

Poland faces consequences of too much reliance on coal

Montel ($):

The coronavirus pandemic has exposed the costs of excessive coal dependence at Poland’s biggest power producer PGE, highlighting the need for more renewables, the Institute for Energy Economics and Financial Analysis (Ieefa) said on Thursday.

The crisis also demonstrated the firm’s need for greater detail on coal power plant closures under the company’s new strategy, which was unveiled last month, Ieefa said in a study.

“Under its new strategy, PGE sets ambitious plans to spin out its entire coal and lignite portfolio. But its plans are undated, unfunded and have no agreed mechanism,” it said. 

[Laurence Walker]

More: Coronavirus lays bare Poland’s need for renewables—study

Posted in: IEEFA In the News

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