Opportunities

Opportunities
As a trading company, Energy2market has operated in Poland for some time. The energate on-line portal interviewed the Managing Director for European Markets, Sevastos Kavanozis, on this commitment and the opportunities in Poland in August 2016.

energate: Mr. Kavanozis, as seen from your perspective, what makes the Polish energy market so appealing for a commitment?

Kavanozis: This was triggered by some of our customers – we cooperate with them in Germany and they operate in the neighbouring country. And this applied long before the new energy law which has just been adopted in Poland. The Polish energy market is currently undergoing profound change and because of under-coverage, the power grid is facing major challenges. This always indicates that there are market opportunities. And even if the decentralised plants have already reached a considerable size, they cannot fully replace the switch-off of outdated large power plants. At the same time, decentralised plants are currently hardly used in a market-relevant and grid-stabilising manner. Therefore, the Polish government thinks the future lies in decentralised generation and balancing in connection with intelligent grids, in addition to the planned expansion and the modernisation of the conventional plants. The latter corresponds to the e2m business model so that a commitment to the Polish market suggested itself.

energate: Which market development do you expect in the field of decentralised generation? And which specific activities to you pursue?

Kavanozis: The new energy act, which resembles the German EEG in its basic principles, specifies concrete target groups which can benefit from the new system of funding. This concerns, in particular, plants with stable and predictable generation. As a result, we expect an increased number of new plants to be constructed in this segment. At the same time, marketing of energy and flexibility from controllable plants is in line with our core competence. However, we view the development in the field of the fluctuating energy generation sources more sceptically. In the case of wind energy which, at more than 5,600 MW, is the strongest renewable technology in Poland and which reached the second biggest installation rate in Europe last year, further expansion was slowed down with the introduced control system.