Energy - Poland

the producers are (almost entirely) state-owned companies (and not big capital or oligarch owned) and don't need to generate profit beyond what is necessary to continue operation, darling :)


yes there are subsidies to coal mining in Poland (mostly indirect subsidies - like the subsidising of miners' pensions) - it is all worth it if you ask me - thanks to energy sector being state owned he have (in a sense used to have) cheap and stable electricity

as for retail buyers of coal, Poland allows for import from Russia and elsewher - that's one - two: coal heating is still the cheapest option if you live in the countryside and don't have access to gas grid (which is my case)

So long as you are calling things by their name. This is not business, and don't expect others to view it as investable.

what do you mean by investable? Poland doesn't vie for 'capital' investors in energy sector - quite on the contrary (at least as long as PiS is in power - those thieves from PO and associates would privatise everything - they are 'pro-business', ya know)

Meanwhile, by having a liberalized energy market, other countries attract billions of dollars in investment with foreigners building gigawatts worth of new generating capacity with no further incentive from the state than a guaranteed energy tariff over a period of say 10-15 years.

you probably mean electric plants fueled by Russian gas - no thank you - as for nuclear power we can do the same I guess (but maybe I'm wrong)

@gumishu

I could give you a lecture in how the Russians are a generation ahead of Poland in terms of their energy market. In a nutshell, Russia split up and privatized it's state-owned generation and transmission monopoly in the early 2000s. Since then, it has attracted - without exaggeration - 100s of billions of dollars of foreign investment, and has seen the construction of tens of new generation facilities. European companies like Fortum, E.On, Enel, and BASF now entirely own plants built by Soviet prison labor and are investing billions into upgrading them. New power plants are being built as well. I remember how in the late 1990s people were talking about an impending energy collapse in Russia because of aging generation capacity that had to be decommissioned. Now Russia exports energy, and all it took was to swallow national pride and be fair to international investors by holding up your end of the deal.

are the prices affordable at least? can an average retired person manage to pay electricity bills?

Another tragedy in the coal mines in Poland.
WARSAW, Poland (AP) - The death toll from accidents in recent days at two coal mines in southern Poland has increased to seven after two miners were brought to the surface and pronounced dead, authorities said Sunday.

msn.com/en-us/news/world/2-more-polish-coal-miners-dead-search-continues-for-missing/ar-AAWwWjn?ocid=msedgdhp&pc=U531&cvid=edb1d7307af0495ebaea19310105006c

When will Poland get with the program like Finland for example ?
Finland has four nuclear reactors providing about 30% of its electricity.
A fifth reactor is under construction and another is planned, to take the nuclear contribution to about 60% and replace coal.
Unlike Poland, energy consumption in Finland per capita is the highest in the European Union.
So why does Poland continue to live in the 1950's ?
This winter could be a very cold one for Poland if things continue the way they are.
A couple of nuclear plants in Poland could solve a whole hell of a lot of your energy problems.

Because Polish miners and their wives vote.

It's a very dangerous industry. The images that accompany Gresford (the Miners' Hymn, to remember the dead) were taken at Ashington, home of Jackie and Bobby Charlton and other footballers as well as the Pitmen Painters. Sadly a museum now. The brass band is from near me.

youtu.be/w6nS8aqA0Hc

Except it is not.
Today with all the new Global Warming laws, demand for coal is at an all-time high.
Poland is still burning lots of coal.
The U.S. is the biggest loser by closing most of our coal energy plants and coal mines to go green.
Somebody isn't paying attention to the GO GREAN agenda while they prosper.
And it's not just Poland by far.