Investments in the Polish power sector dwindled to €24bn

If a high-case scenario occurs, the conventional power sector, including nuclear projects and large biomass-fired boilers, will see capital expenditure of up to PLN 100bn (€24bn) in the forthcoming decade as compared to the amount of PLN 140bn (€34bn) that was anticipated a year ago. The significant decrease in the value of the planned capital expenditure projects is related to a growing number of withdrawals from the planned projects. Luckily, new projects involving the construction or upgrade of generation capacity appear on the horizon. These projects require time-consuming procedures to be performed, though. Therefore, it is a long way before they get to the implementation phase.
According to our latest report entitled “Conventional energy construction in Poland 2013 – Development forecasts and planned investments“, several major projects with the aggregate capacity of more than 2,000 MWe and the value of PLN 10bn (€2.4bn) have already entered in the construction phase. It should be noted though, that this is just the start of the upward trend in the power construction market. The largest investment projects underway include the construction of a coal-fired unit at the Kozienice power plant (investor: Enea, capacity: 1,000 MWe) and the development of gas-fired units at the facilities in Stalowa Wola (Tauron, 400 MWe) and Wloclawek (Orlen, 450 MWe).

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