Saturday, October 1 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Sep 26
Week of Sep 19
Week of Sep 12
Week of Sep 05
Week of Aug 29
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Polish power firms to share price increase burden says PM


    August 2, 2022 - Dabrowski Jaroslaw

     

      "Households will be affected by some sort of an increase, but a large part of the increase has already been covered by the Polish state, for example through the law on coal subsidies," Morawiecki said after a cabinet meeting on Tuesday.

      "But energy companies must also cover a part of the raise by reducing their demands for higher tariffs," the prime minister added.

      "They can't be left untouched amid this crisis," he said.

      The government has recently decided to offer one-off subsidies of PLN 3,000 (EUR 637) for all households which use coal as the main source of heating.

      Coal prices on global markets soared when the world's economies started to emerge from the slowdown caused by the coronavirus pandemic and spiked when Russia invaded Ukraine in late February 2022. Polish power plants largely rely on coal for power generation and have seen their costs balloon over the past year. (PAP)

      jd/mf

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.