Connect with us

Hi, what are you looking for?

News

Poland to Spend $16 Billion Upgrading Grid for Renewable Energy

Poland to Sink $16 Billion In Energy Grid to Handle Renewables

Poland is gearing up to invest a hefty $16 billion in upgrading and expanding its power grid infrastructure, according to announcements made by the country’s power grid operator on Friday.

The draft investment plan unveiled by the Grid operator PSE outlines ambitious projects, including the installation of over 3,000 miles of 400 kV transmission lines. These efforts are aimed at accelerating Poland’s transition from coal-dependent energy sources to cleaner alternatives.

Currently, Poland heavily relies on coal-fired power plants, which account for over 70% of its electricity generation. However, the global shift towards renewable energy sources like solar and wind has spurred Poland to embrace greener technologies. Unfortunately, the existing power grid is ill-equipped to handle this transition.

Poland to Spend $16 Billion Upgrading Grid for Renewable Energy

Poland to Spend $16 Billion Upgrading Grid for Renewable Energy (Credits: Reuters)

PSE’s proposed grid upgrades are intended to facilitate the integration of renewable energy sources, including 37 GW of wind farms, 45 GW of solar farms, and the introduction of new nuclear power facilities.

Earlier this year, Poland’s new government announced plans to phase out coal-fired power generation, marking a significant departure from the policies of the previous administration.

Unlike its predecessor, which had negotiated deals with trade unions to prolong coal mining until at least 2049, the current government is committed to accelerating the transition to cleaner energy sources. This shift is imperative as Poland aims to achieve carbon neutrality by 2050.

As of 2022, Poland ranked as the world’s ninth-largest coal producer and the second-largest in Europe. Despite its significant coal reserves, Poland has also resorted to importing coal, primarily from Russia. However, recent geopolitical developments and environmental concerns have prompted Poland to reevaluate its energy strategy, leading to a renewed focus on renewables.

In a notable milestone, renewables accounted for a record 26% of Poland’s electricity generation last year, as reported by the German research organization Fraunhofer Society. This achievement underscores Poland’s commitment to diversifying its energy mix and reducing its dependence on fossil fuels.

Click to comment
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

We’re dedicated to providing you the most authenticated news. We’re working to turn our passion for the political industry into a booming online news portal.

You May Also Like

News

Spoilers! The demon Akaza from Kimetsu no Yaiba dies in the eleventh arc of the manga and the one responsible for his death is...

Entertainment

Actress Emma D’Arcy is from the British rebellion. She has only appeared in a small number of movies and TV shows. It might be...

Entertainment

Jennifer Coolidge Is Pregnant: Jennifer Coolidge Audrey Coolidge is a comedian and actress from the United States. Many of her followers are wondering if...

News

Mark Zuckerberg, in a letter to Jim Jordan, the chair of the House Judiciary Committee, disclosed that he had to remove millions of posts...