News
Critical Six Months: Priorities of the Polish Presidency in the EU Council
During discussions on the future of the European Union, Witold Literacki, Vice President of Corporate Affairs and First Deputy President of Orlen, highlighted the difficulties in implementing changes in EU regulations, which must be agreed upon with other member states. He emphasized the need for a balanced approach that considers both the needs of citizens and the competitiveness of firms, noting that overly ambitious climate goals could threaten the profitability of enterprises, especially given rising energy prices in Europe, which could weaken the region's competitiveness against markets like China or India. Literacki stressed that while EU climate goals are ambitious, their implementation should be realistic and tailored to the capabilities of individual countries. One of the key challenges is the planned phase-out of fossil fuels, including gas, which presents Europe with enormous challenges, particularly in terms of energy availability and cost.
Is the EstLink 2 Damage Russia's 'Farewell Gift'? A Surprising Timeline
The damage to EstLink 2 will not prevent the disconnection from the post-Soviet BRELL structure and synchronization with the Continental European synchronous area, Elering reported on Friday. The Estonian operator emphasized that the Baltic countries have sufficient controllable power and interconnectors to achieve synchronization even without EstLink 2.
Vice Admiral Ewa Skoog Haslum: Protecting Underwater Cables is Impossible
In an interview with 'Expressen,' Skoog Haslum emphasized that laying more cables, even exceeding 10, is one of the best ways to secure underwater power cables. 'If two are cut, eight remain functional, so you are not left defenseless,' she noted.
Turning Point Ahead: European Industry on the Frontline
Predicting the future is challenging. While tempting, it risks turning one into a celebrity pundit with rarely accurate opinions. Cautiously, I present information that may indicate an impending crisis in European energy. However, this is not guaranteed due to numerous variables. Tracking European economic reports, especially energy-related, suggests an upcoming turning point.
Solar Panels Face Steep Price Declines
Amidst ongoing price declines for several quarters, even the largest Chinese producers are losing profitability. Meanwhile, solar panels continue to become cheaper, with significant price drops in the European market last month, affecting even the most efficient products.
Creotech Secures Funding for Satellite Solar Panels
Polish manufacturer of satellite systems and advanced electronics for quantum computing, among other applications, has signed an agreement with the Polish Agency for Enterprise Development (PARP) to implement the 'Efficient Satellite Solar Panels System' project.
How Orlen is Shaping the Future: Electric Mobility and Gas Take Center Stage
Grzegorz Woliński, Executive Director of Electromobility at Orlen, discussed key issues related to the development of the global, European, and Polish electric vehicle markets. Woliński emphasized that support mechanisms for purchasing electric cars are practically essential in the initial phase of market development. He noted that 'without a pool of incentives, support systems, and assistance mechanisms, it will be significantly harder to convince Poles to purchase electric vehicles, considering their still higher price compared to conventional cars.'