The state-owned firm attributed the results to falling coal prices, lower production volumes and the impact of a one-off write-off.
coal
After year in power, Polish government is failing to fulfill its energy transition promises
Alicja Ptak
The coalition has not enacted a single law that would significantly advance the transition.
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Poland fined €500,000 per day for not complying with EU order to close coal mine
The European Court of Justice accepted a request from the Czech Republic to punish Poland.
Polish state energy giant calls for price deregulation with further rises expected
Electricity prices rose faster in Poland last year than anywhere else in the EU.
Polish opposition party proposes paying coal miners not to work
Poland 2050 sees the guaranteed minimum income as a way of helping the transition away from coal.
Polish government broke promise to keep electricity prices down, reports state auditor
Electricity prices have increased by almost 20% since the start of 2020.
Australian firm seeks £806 million from Poland for blocked development of coal mines
The firm says it was “deprived of the entire value of its investment” in Poland.
Thousands of miners and energy workers protest in Warsaw over concerns at “green transition”
The minister for state assets pledges that talks with unions will start tomorrow.
Polish government and miners reach coal phaseout deal but doubts remain over EU approval
The use of public funds to support the mining sector could fall foul of EU state aid rules, warn legal experts at a climate NGO.
Polish government hits out at “colonial” EU court order to close coal mine
Complying with the ruling would threaten Poland’s energy security and benefit Germany, they argue.
Polish government’s Clean Air programme to stop subsidising coal stoves
Higher income thresholds will also allow more people to benefit from thermo-modernisation subsidies.
Climate NGO sues heating coal producer for greenwashing products
The company says it is correctly applying the product name used by regulators.
Poland aims to reduce coal to 11% of energy mix by 2040, declares president at climate summit
Andrzej Duda repeated calls for a “just transition”.
Poland plots “revolutionary” plan for state-owned utilities to shed coal assets
The move is intended to boost investment in greener forms of energy.
