(Montel) The output from Poland’s forthcoming coal bank must be sold on the exchange rather than via power purchase agreements (PPAs) or the OTC market to ensure transparency and liquidity, said a lobby group on Wednesday.
The coal bank – set to absorb state-owned utilities’ coal-fired fleet – would have a 50% share in power generation and therefore a dominant position in the market, said the Expert Council for Energy Security and Climate (ERBEK), so transparency was important to ensure competition.
Poland’s ruling Law and Justice (PiS) party aims to absorb the 23 GW of coal-fired plants into the coal bank called NABE…