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The Warsaw Voice » Business » December 8, 2017
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Capacity market issue
December 8, 2017   
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Poland's power groups can be moderately satisfied with the adoption of capacity market by the Polish lower house, Puls Biznesu daily writes citing DM BZ WBK chief analyst Pawel Puchalski.
Maximum positive impact of capacity market on revenues is estimated at ca. PLN 3 billion annually, while the existing mechanisms to be abolished, including cold reserve, give some PLN 2 billion in additional revenues, Puchalski estimates.
The positive impact will be the strongest in companies where generation has the biggest share in EBITDA, Puchalski said, pointing to ZE PAK in the first place, followed by PGE, Enea, Tauron and Energa.
Poland should have no problems with securing EU's notification of the capacity market and is trying to get green light as soon as possible, before the EU adopts the so-called winter package, Dziennik Gazeta Prawna daily writes, citing own findings.
The bill was significantly amended in the final stage of works and rather than encouraging new investments it will cover missing revenues, head of think tank Forum Energii Joanna Mackowiak-Pandera commented for the daily.
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