Polish Electricity Association files proposal to exempt coal-fired plants from CO2 tax, utilities up

Tauron Polska Energia SA

10/06/2025 12:26

** Poland's energy index .ENER is up as much as 3.9% on Tuesday, the highest since July 2015, following Polish Electricity Association's (PKEE) proposal to exempt old coal-fired plants from CO2-related payments

** The proposal, which was submitted to the Ministry of Climate, would exempt old coal-fired plants operating up to 300 hours per year from the obligation to account for CO2 emissions in the EU's ETS (Emissions Trading System)

** According to Ipopema analyst, Robert Maj, it's a positive signal for the industry

** "If that were to be implemented, it would certainly give the oldest power plants a break and improve their profitability. It also shows that further regulatory relief for coal energy is possible," said Maj

** At 10.56 GMT WIG Energy was up 4%, with utility companies such as PGE topping the blue chip index .WIG20 at 5.5% and Tauron Polska Energia at the top of mid-cap index .mWIG40, rising 4.9%

 (Reporting by Anan Banacka)

 ((Anna.banacka@thomsonreuters.com; +48 58 769 65 65))