Defence Policy

PLN 30 Billion for the New Power Units

  • Fot. Gage Skidmore/Flickr/CC 2.0
    Fot. Gage Skidmore/Flickr/CC 2.0

Europe should turn back towards an idea of re-industrialisation, at the same time looking for technologies which, to the largest extent possible, will limit the carbon dioxide emission levels. Thus the Polish state companies are to spend PLN 30 billion by 2020 on construction of modern power units, mainly coal-powered ones – as the Ministry of Treasury informs.

Since the start of the economic transformation, Poland has limited the industrial emission rates by more than 30%, simultaneously increasing the GDP by 2.5 times. Partially state-owned companies, within the next few years, will create modern coal-burning power units, which are going to meet all the strict norms of environmental protection. Until 2020 PLN 30 billion will be allocated to realize this investment.

– Companies working under supervision of the Ministry of Treasury realize, inter alia, three big investments related to coal-powered power plants, which will use the Polish coal. These plants will be constructed in Opole, Kozienice and Jaworzno. Investment activity of the state-owned companies is, besides the European funds, an element of industrial policy of the country – Rafał Baniak, undersecretary of state in the Ministry of Treasury informed during the Baltic Business Forum 2014 event, which took place in Świnoujście.

Deputy Minister of Treasury also described the new role, which is to be played by the Polish Industrial Development Agency. Up until now the institution focused mainly on restructuring of the companies. IDA, within 10 years, has made it possible for 84 companies to carry on their business activities. These companies included Polimeks, Stalowa Wola Ironworks or Chemical Works in Police. The new strategy assumes that the Agency will back up intelligent development of business.

- This will be a realistic transfer of the scientific achievements, aiming at putting them into use them in the real business applications – as Rafał Baniak stated.