The report, Electricity 4.0. Cheaper, cleaner and more stable energy for businesses in Poland, shows that Polish companies are looking for ways to finance their electricity bills. They do so primarily by increasing the prices of products or services offered (35%) and/or depleting capital reserves (34%) or using funds earmarked for investments (28%).
“Implementing renewable energy sources and improving energy efficiency is the best way to become less dependent on raw material supplies from outside the EU and to strengthen energy security and strategic autonomy. We should unblock investments in RES and ensure a friendly grid connection policy for new installations, as well as enabling grid investments. Continuing to subsidize emission of fossil fuels is a dead end. Funding for subsidies for people who heat their homes with coal and for imports of raw materials could cover a significant part of the financing needs for energy (e.g. offshore farms), investments in energy efficiency and decarbonisation of industry. We should also accelerate the digitalisation of electricity grids, create preferences for investments in the production of RES, power electronics equipment, stationary and mobile energy storage, electrolyzers hardware and software for the implementation of grid automation,” says Piotr Mieczkowski, managing director of the Digital Poland Foundation.