EU Coal Laggard Faces Snags in Plan to Spinoff Dirty Assets
- Polish assets ministry working on plan revitalize utilities
- EU, internal tensions and unions all may block the overhaul
This article is for subscribers only.
Poland’s plan to carve out coal-fired power plants sparked a rally in the country’s biggest utilities. Now for the hard part -- approving it.
Deputy Prime Minister Jacek Sasin’s proposal, which would free up state-owned companies to invest in clean energy, has to win over trade unions, the European Union’s executive and gain approval from Poland’s bickering coalition government. None of these steps will be easy and could delay the plan beyond 2022.