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Big Techs Push Poland to Seek Power Market Revamp on New Demand.
- Source :
- Bloomberg.com; 7/15/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Poland is planning to revamp its energy market to meet the increasing demand for clean power capacity from global technology giants like Alphabet and Microsoft. The country's grid operator, PSE, aims to provide stable and reliable delivery of clean energy to attract customers who want uninterrupted electricity for their data centers. Microsoft and Google have already announced plans to develop cloud computing services and data centers in Poland. Poland is also considering a transition to weather-dependent wind and solar power as part of its energy policy. The country's largest steelworks, ArcelorMittal SA, is also seeking to replace coking coal with green energy. Poland is urging the EU to introduce a new capacity market that guarantees income for power plants while transitioning to cleaner fuel. The country is also planning to build its first nuclear plant to meet the surging demand for stable energy supply. [Extracted from the article]
- Subjects :
- ELECTRICITY markets
ENERGY industries
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 178441742