WARSAW, Poland (AP) — Poland’s cabinet is discussing loosening fuel industry rules, extending tariff coverage for consumers and drawing up contingency plans for grid operators to allow for a quick reaction if the electricity crisis deteriorates, the government said Tuesday.
“An exceptional scenario in the world energy markets through Russia’s aggression against Ukraine and the rise in fuel prices. . . creates the need for special legal measures that allow for a real-time reaction if the scenario deteriorates further,” the government said.
The proposed measures come with a suspension of regulations forcing fuel companies to trade fuel on the Warsaw Stock Exchange if a fuel crisis is declared, an extension of tariff coverage for 7. 1 million small consumers, adding households, until 2027, and contingency plans for fuel. garage and shipping operators.
Following Russia’s invasion of Ukraine in February, European countries that rely on Russian fuel are suffering from their dependence on fuel, accumulating reserves and drawing up contingency plans for the winter, when materials may be strained.
On Monday, the Nord Stream 1 pipeline carrying fuel from Russia to Germany went into a planned shutdown, raising considerations about Europe’s fuel source if the shutdown is prolonged.
Poland, cut off from Russian materials since April, now has a comfortable fuel balance thanks to a liquefied herbarium fuel (LNG) terminal operating at full capacity and low summer demand.
However, if Russian deliveries to Europe are stopped, cross-border deliveries on the continent will be put to the test.
Existing regulations already allow the government to make deliveries to consumers if the safety of the source is threatened.
In addition, Poland plans to increase the capacity of the fuel garage to four billion cubic meters. Existing garage amenities are now 98% full, but their capacity of 3200 million cubic meters (bcm) is small compared to an annual inlet of around 20 bcm. . (Reporting through Marek Strzelecki; Editing via Jan Harvey)
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