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Poland's industry affected by high energy prices

Poland's high energy intensity impacts the competitiveness of the chemical, metal, mining, and energy industries as they struggle with high electricity costs.

Poland's industry affected by high energy prices

Poland's electricity prices in the first half of 2024 recorded one of the highest prices in Europe. It is reported that this situation raises the question of urgent rationalization for Polish industry. It is noted that for the Polish industry to maintain its competitiveness, access to clean energy should be gradually increased along with the investment in renewable energy.

Michał Orłowski, Vice President of Asset Management and Development at Tauron Polska Energia, emphasizes that the competitiveness of the Polish industry is directly related to the management of energy consumption. Poland experiences negative prices, sometimes reaching several thousand zlotys per MWh. Price instability poses a significant challenge, especially for the chemical, metals, mining, and energy sectors. Addressing this situation and ensuring Poland's energy security, Tauron is developing projects such as constructing the Miejska Górka wind power plant with a capacity of over 190 MW, making it the second largest wind power plant in Poland.

“An industry that is flexible, able to control its own energy demand, take advantage of these price fluctuations and consume clean energy when it is cheapest will be able to create its competitive advantage,” Orlowski stated in an interview with Newseria Biznes.

Investments in clean energy by companies such as Tauron receive a positive response in Poland, but experts emphasize that this is not enough. High and unstable energy prices have a negative impact on the country's production and competitiveness, requiring a more comprehensive strategy to solve energy problems and maintain industrial competitiveness.

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