We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » October 10, 2018
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Energy law to be changed
October 10, 2018   
Article's tools:
Print

The Polish cabinet approved a draft amendment to the Energy Law, seeking, among others, to increase the exchange obligation of the country's power groups so that they sell 100% of their generation output on the commodity exchange TGE, according to a statement from the government's press office.
"The solution is to put a cap on possible electrical energy price hikes on the wholesale market that do not arise from factors impacting the cost of its generation or acquisition from neighboring systems," the release said. "At the same time, it is predicted that the risk of significant price fluctuations will be diminished due to enhancing liquidity and transparency on the commodity stock exchange TGE, and limiting the possibility of impacting the price by [market] participants enjoying a strong position."
The new regulations should improve the position of recipients on the domestic market long-term, the release went on to say.
Currently, Polish power groups are obliged to trade 30% of their output on TGE.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE