The firm rejected such criticism, arguing it “has posted robust operating performance” in a difficult macroeconomic environment.
Energy & Climate
Orlen secures €800m EIB loan to modernise Poland’s electricity network as part of green transition
The financing will be used to expand renewable energy connections and introduce smart grid technology.
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Court scraps Poland’s first clean transport zone
Older, more polluting cars would have been banned from the city centre of Kraków.
Polish region gives 2 million zloty for traditional sheep grazing
The authorities aim to preserve biodiversity, landscapes, local traditions and the source of the area’s famous sheep milk cheese.
Poland produced record 26% of electricity from renewables in 2023
However, coal continues to generate almost two thirds of power in Poland.
New government pledges to create Poland’s first new national parks in two decades
National parks currently cover only 1.1% of Poland’s land area compared to an EU average of 3.7%.
Poland produced record wind energy at Christmas but grid struggled to cope
The grid operator had to order operators to turn off some wind turbines and transfer power to other countries under an emergency procedure.
Part of Poland’s nuclear plans in question after negative assessment by security agency
Orlen Synthos Green Energy, which plans to deploy nuclear small modular reactions, has rejected the assessment.
Polish parliament votes to extend energy price freeze for first half of 2024
The outgoing ruling Law and Justice party argued that the price freeze should be extended for the whole of 2024.
Polish city records world’s second-highest air pollution as winter smog sets in
Kraków air has improved in recent years, but it still regularly records some of the worst pollution in the world.
Controversy in Poland over incoming coalition’s plans to loosen rules on building wind turbines
The parties behind the bill deny that it will allow expropriation of private land to be used for wind farms.
Orlen loses 6 billion in market value on incoming government’s levy plans
PiS accused the opposition of deliberately trying to bring down the value of the state-owned firm.
Poland files complaint to EU court against Germany over illegal export of waste
This step comes after last month’s decision by the EC supporting Polish claims against Germany.
Poland’s Orlen charters supertanker to transport Venezuelan oil
The Polish firm is reportedly planning to transport Venezuelan oil to China following the lifting of sanctions on Caracas.
