Andrzej Malinowski

Capacity market first, atomic energy second

The Ministry of Energy announced that a decision on building a nuclear power plant will be made before the end of the year. Those with good memories recall that this topic has been rehashed so many times so as to render it completely unpalatable. However, there are more useful energy issues to focus on – President Andrzej Malinowski writes in “Rzeczpospolita”.

– Decision makers would do well to focus on passing a bill establishing the so-called “capacity market” as soon as possible. While it is not as spectacular as nuclear energy, it’s benefits will be visible much sooner – he appeals.

– What is the idea behind the capacity market? Today, energy producers have no reason to build new capacity “just in case”, because no one will pay them for it. Hence, they produce as much energy as they can sell and that is that. However, if we establish a capacity market, energy producers will receive money for the very capacity to produce a given volume of energy, with an obligation to provide it if a blackout looms on the horizon – explains Malinowski.

The article is available here.