Poland is going to invest over €25bn to upgrade its energy infrastructure by 2020, including €7.3bn for eight new coal-fired plants to replace the member state’s ageing fleet, Polish prime minister Donald Tusk announced on Wednesday.
This will be financed with funds from the country’s own coffers and investments from state-owned energy companies. The International Energy Agency (IEA) has estimated a total of €195bn will be needed to upgrade the power sector during 2010-30.
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