NFOŚiGW funds for energy transformation

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According to the portal Wysokienapiecie.pl, the National Fund for Environmental Protection and Water Management is preparing to spend more and more money on the energy transformation.

Successive Polish programs were approved in June for financing from the EU Modernization Fund. Poland may get over PLN 40 billion from this fund for the energy transformation by the end of the decade. The money comes from the sale of 2 percent. of the pool of EU CO2 emission allowances, and Poland receives the largest part from this Fund. The exact calculation of how much it will depend, therefore, on the quotation of CO2 emission rights.

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