Poland To Accelerate Coal Phase-Out, Spend Billions on Renewable and Nuclear Energy

Source: Reuters »

Poland wants to speed up phasing out coal and spend billions to build renewable and nuclear power infrastructure to address challenges related to climate change and ensure stable power supplies, the government said on Tuesday.

In an update of its energy strategy by 2040, the climate ministry said Poland plans to invest 150 billion zlotys ($40 billion) to build its first nuclear power plants, with 6-9 GW of capacity eventually. The first 1-1.6 GW facility would be up and running by 2033.

It also plans to build 8-11 gigawatts (GW) of offshore wind capacity by 2040 with investment estimated at…

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