Poland to invest $270B in energy sector over next decade

BRUSSELS

Poland will invest over a trillion zloty (approximately $270 billion) in its energy sector over the next decade, Prime Minister Donald Tusk announced Wednesday, unveiling a major initiative aimed at strengthening the country's energy security and accelerating its transition away from coal.

Speaking at the PowerConnect Energy Summit cited by TVP World, Tusk said the investment would focus on renewables, nuclear power, and grid expansion.

"When I say we are currently the biggest energy construction site in Europe, I’m talking about a specific and very round trillion zloty that Poland will invest in the energy sector, in infrastructure, in transmission lines, in power stations," Tusk said.

"There is no other country in Europe that is so intensively investing and changing its energy sector," he added.

According to the prime minister, renewable energy and energy storage projects are slated to receive over 220 billion zloty, while nuclear power development will be allocated 160 billion zloty. A further 234 billion zloty will be dedicated to transmission and grid infrastructure.

Poland is currently developing its first nuclear power plant in northern Pomerania Province, with contracts signed with US firm Westinghouse to construct the initial reactor.

The facility is expected to begin operations in 2036, with all three planned reactors online by 2040 as part of a broader strategy to build 6–9 gigawatts of nuclear capacity.

Nuclear energy is expected to account for up to 30% of Poland's electricity consumption, significantly reducing the nation's long-standing reliance on coal.

Tusk emphasized that Poland's energy transformation is being driven by growing global security threats, citing the wars in Ukraine and the Middle East to highlight the importance of secure, stable energy supplies.