Poland: industrial prices for electricity 2007-2023

In the second half of 2023, electricity prices for the industry in Poland exceeded 13.8 euros per kilowatt-hour.

Electricity prices in households in Poland

The energy intensity of enterprises in Poland is one of the highest in the European Union and much higher than in Western European countries. Companies cannot compensate for rising energy prices in the prices of their products. Therefore, they are forced to look for other alternatives. Rising electricity prices for the industry are pushing entrepreneurs not only to save energy but also to look for their own sources of energy production, which would ultimately improve energy efficiency and reduce operating costs for many enterprises. Electricity prices for households in Poland amounted to 17.7 euros per kilowatt-hour in the second half of 2023. The low prices in 2019 were mainly the result of the government's freezing of electricity prices to final recipients. However, the government increased energy prices from 2020. This will meant an increase in the cost of living for the average citizen. Not only energy prices rose, but also the prices of goods and services dependent on energy.

Wholesale electricity prices in Poland

Wholesale electricity prices in Poland were the highest in Central and Eastern Europe as of February 2024. Prices ranged increased from 203.7 zloty per megawatt-hour in March 2018 to nearly 1.4 thousand zloty per megawatt-hour in August 2022. The increase in wholesale electricity prices is mainly due to the price of coal. Coal is the primary fuel used to produce energy in Poland. In 2019, 77 TWh of power was produced from hard coal and 43 TWh from lignite. Another reason for higher energy prices is the rising price of CO2 emission allowances and the expected increase in generation capacity in the heating sector.