It’s the same old story in the Polish energy sector… As always, it’s the same thing every month 💨 The “wind turbine bill” is on its way through the legislative process Another step forward is the establishment of the Sejm’s climate and environmental protection and infrastructure committees. The committees have adopted a draft bill (in a version reducing the minimum distance from buildings to 500 […]
Unfortunately, today’s satirical review is not funny at all, as the news is quite bitter… Losses, losses, losses… or the standard situation for miners when they hit a wall… JSW’s results after the first quarter – sales revenue of PLN 2.49 billion and a net loss of PLN 1.36 billion – are the results of a company that mainly extracts coking coal. Among companies dealing […]
🇵🇱 🇺🇸Poland annexes Luxembourg and gets closer to the Confederate States of Poland … The Trump administration’s actions against Greenland have also forced Poland to revise its strategic plans and turn its attention to the possibility of annexing interesting territories. Apart from Madagascar (I once wrote about the options of Benin’s possession), Luxembourg is the most promising country to occupy. With a GDP of almost 90 […]
Nothing is sticking together! Financially, geographically and energetically – is this the year? Money for nuclear power – do we already know how much a power plant costs? As planned, one of the first decisions of the NPRM was to approve subsidizing the nuclear power plant construction project with about PLN 60 billion (bond transfer). At the same time, a construction financing model was presented, in […]
From millions to billions… everything requires subsidies. This energy transition is not going well. Something strange is happening to the energy industry – or we’re just getting older faster than we understand the new realities. It used to be that profitability counted straightforwardly, power plants were built, and energy companies made steady money. Half a century ago, they were the favourite investments of American pension funds […]