Poland’s low-carbon ambitions offer clear investment and business opportunities

As part of an ongoing “Energy Transition Business and Investment Opportunities for Eastern Europe and the Balkans” research project being conducted by Energy Investment Management, the focus of the first in a series of three articles is on Poland and what opportunities its low-carbon ambitions offer investors and businesses.

The article investigates Poland's current renewable energy ecosystem and importantly its future low-carbon ambitions, with the aim to create a blueprint of investment opportunities for businesses that are pursuing low-carbon diversification of their portfolios or looking to engage in new activities or markets.

The research was conducted by Denisa Kasa, who is an Investment Advisor at Energy Investment Management. She undertook a series of interviews with professionals working across the Polish energy sector to gather much of the information presented in the article.

In addition, to support the shared insights and information, Denisa conducted an academic literature review, along with referencing information from various industry bodies, including IRENA, European Biogas Association and WindEurope.

Have you listened to?
Energy Transitions Podcast: Poland – Race to 55

Poland's low-carbon investment opportunities - key findings

• The future coal phase-out could drive greater solar PV development in the south of Poland, creating interesting investment opportunities;
• A significant proportion of solar developments in the upcoming years is expected to come via the PPA route, helping to build investor confidence;
• In the near future, the majority of solar PV projects are likely to be small-scale or rooftop, with the timeline of large-scale projects less certain;
• If the hotly-anticipated amendment to the “Distance Act” is finally realised, a surge in onshore wind projects is anticipated;
• With the signing last year of its first offshore wind deal, this nascent sector could provide exciting investment opportunities, as well as new openings for foreign companies expert in that field;
• If Poland’s civil nuclear ambitions start becoming a reality there will be a host of partnership opportunities for foreign companies with the necessary expertise, ranging from consultancy and engineering through to operation and maintenance of such assets.

Have you read?
Although Poland is on its way, a greater push is needed to reach net zero – IEA report
Siemens Gamesa to deliver turbines for Poland’s Baltyk II and III
Research Report: Exploring Hungary and Poland’s Energy Transition

Note: The majority of the information featured in the article was compiled and analysed between September 2021 and January 2022, and therefore does not include any impact the current war between Russia and Ukraine may have on Poland’s low-carbon development plans.

Download the full article

More information on Denisa and her research project is available here.