The parliamentary majority did not accept the proposal of the senators, who supported the previous draft of the Sejm, but only wanted to completely abolish the stock exchange obligation from the beginning of 2024. Consequently, energy producers electricity by that date they should have sold 50 percent. electricity generated on commodity exchanges. Meanwhile, in the act adopted in October by the deputies, the obligation of the power grant applies from the entry into force of the act and forever – unless someone changes this status with another act.
Thanks to the amendment of the Energy Act, there will be no obligation to sell electricity on the indicated commodity exchange. According to the Polish government, this will allow for a reduction sec power. The new discipline also introduces sanctions for market manipulations. This will be a fine of up to 5,000 daily rates, one to 10 years in prison or both.
The bill will now be signed at the president’s desk.
Electricity prices and exchange obligation
What is the exchange rate obligation, after the liquidation, whose energy price should, according to the parliamentarians, fall significantly? This was explained in an interview with an expert at the end of September, Mikołaj Fidziński from Next.gazeta.pl. The exchange obligation means that energy producers have to sell it on the stock exchange, at the exchange price (very high in recent months). More information in the article below:
Its absence abolishes this obligation. Energy producers will be able to sell electricity directly to energy trading companies. Often these are group companies.
The energy producers are separated from the sales companies. For example, PGE Górnictwo i Energetyka Konwencjonalna operates on the one hand and PGE Obrót on the other. They operate within the same group, but they are independent of each other – explains Dawid Czopek, executive of Polaris FIZ in an interview with Gazeta.pl. And he adds:
There must be a transaction between the power plant and the energy sales company. The question is how to determine the price between actually two companies in a group. The exchange obligation offers a certain transparency: it sets the price at which everyone buys and sells energy. There is no objection that one is being sold less energy and another is being sold more expensive.
Electricity prices: why so expensive?
Recently, however, the problem has been that electricity exchange prices were very high, in fact not because of the greed of the power plants, but because these are simply the rules. gone³tu power.
Electricity prices are determined in such a way that demand must equal supply. To do this, it is checked who is able to supply energy at what price. In the beginning there are the cheapest renewable energy sources, then, for example, lignite, hard coal or in some countries nuclear energy, and the system is usually “closed” by a gas plant. Energy prices are so high in Europe precisely because gas energy by closing the system sets prices for everyone, including those who produce energy from windmills, photovoltaics, coal, etc., even if their production costs they are lower and are in no way related to the price of gas
– explains Czopek. More in Mikołaj Fidziński’s article:
