Start your day with a summary of today’s top stories from Poland’s leading news sites.
The European Commission (EC) has said that it will be impossible to introduce a price cap on natural gas as requested by some member states, Reuters has reported, quoting diplomatic sources.
Mateusz Morawiecki, the Polish prime minister, has called for freezing of CO2 emission allowances prices to help bring down the cost of energy.
The cost of producing one megawatt of energy in Poland is three times higher than the EU average due to the country's heavy reliance on fossil fuels, the Polish Economic Institute (PIE) has reported.
Mateusz Morawiecki, the Polish prime minister, has said that for the sake of European energy security, the EU's Emissions Trading System (ETS) should be suspended and the European Commission's price mechanism on the energy market should be reformed.
France is interested in a Polish proposal to freeze CO2 emission costs at EUR 30 per tonne, a deputy foreign minister has said.
The prime minister has said speculative trading in CO2 emission rights (ETS)is one of the main factors driving up inflation.
Electricity bills will rise by about 24 percent net and gas bills will surge by 54 percent net next year after Poland's regulator approved new tariffs as power producers struggle with high prices for natural gas and EU CO2 emission rights.
Mateusz Morawiecki, the Polish prime minister, has called for a reform of the EU Emissions Trading System (EU ETS) stating that, if uncontrolled, it can lead to the economic destabilisation of Central Europe.
Mateusz Morawiecki, the Polish prime minister, has blamed the record-high energy prices in the EU on Europe's excessive dependence on the gas supplied by Gazprom and speculation on the market of the EU's CO2 allowances.
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