According to a press release, Poland’s Ministry of Climate and the Environment will collaborate with NFEPWM and PGE to develop ecological energy storage.
The heads of the organizations participating in the initiative inked a deal in this regard on October 22. The primary purpose of the planned collaborative actions is to increase Poland’s energy security, which includes assuring a steady electricity supply.
According to the Polish government, the country’s energy policy will emphasize the importance of pumped storage power facilities until 2040. This is to enable the reliable operation of the Polish power system throughout an energy transition phase in which the share of alternative energy sources is increasing continuously.
This type of power plant is distinguished by its significant flexibility in the energy-producing process and its ability to store energy. It will open up a plethora of regulatory options and enables the storage of power sources for the nation’s power grid, supporting the steady rise of renewable sources.
Pumped storage plants have been in operation in Poland for a long time. They are a high-capacity, highly-valued, and high-efficiency energy storage system. The previously signed action plan will aid in the long-term viability of these facilities.
As Poland’s primary source of funding for climate and environmental preservation, the NFEPWM is dedicated to raising Polish’s standard of living. This is aided by actions to improve the Polish energy sector and maintain an uninterrupted power supply.
The NFEPWM recognizes the need to encourage major investments from various sectors that would ensure the stability of the power system and expand the technological possibilities of linking new renewable sources of energy by emphasizing the growth of renewable power in the consumer and enterprise domain.
The letter of intent hopes to initiate thorough collaboration on projects involving the renovation and building of additional pumped storage energy plants. The upgraded and new facilities will serve as big and efficient power storage sites and operating systems for power grid management.
The partnership stated in the letter of intent that it plans to transfer knowledge and skills in pumped storage facility development, modernization, and management. It will see that everyone involved has a deep understanding of the project. The agreement’s partners also intend to work hard to establish favorable conditions for the execution of projects that will lead to the development of hydroelectricity.