At a Gdansk summit Tusk promised sweeping investment to harden Poland’s energy systems, hinting at major infrastructure and market shifts ahead.
During the PowerConnect energy summit in Gdańsk, Poland’s Prime Minister Donald Tusk outlined the country’s vision for the future of the energy sector and its role in ensuring security, stable supplies, and affordable energy prices.
In his speech, he stressed that contemporary conflicts in Ukraine and the Middle East further highlight the close link between the reliability of energy supply and the national security of citizens and the state.
Energy Investment Strategy for the Next Decade
“The tragedy Ukraine endured this winter as well as the previous one, the aggressor’s concentration of attacks on energy infrastructure, the situation in the Strait of Hormuz, and dramatic fluctuations in global energy markets – all show how inextricably linked two things are: security and energy.”
– Donald Tusk
According to him, over the next decade Poland plans to invest around one trillion zlotys in the energy sector. Of this amount, more than 220 billion zlotys (over €50 billion) will go to renewable energy sources and storage, 234 billion zlotys (€54 billion) to transport systems, and 160 billion zlotys (€37 billion) to nuclear energy.
Tusk also emphasized that Poland has taken a leading position as one of the largest construction sites in Europe in the energy sector, and in the Pomeranian Voivodeship plans are to build a nuclear power plant as a joint result of the work of American and Canadian partners, as well as Polish companies and European financing.
In addition, he drew attention to the active development of offshore wind farms in the Baltic Sea, which is expected to increase the share of renewable energy sources in the country’s overall energy balance.
The European Union also recommends that member states reduce taxes on energy commodities, particularly electricity, in order to soften rising prices for petroleum products due to events in the Middle East and changes in the global energy markets.