Growth in the Polish mining sector will be modest while improving over the coming years. Thecoal sector will be overhauled as the government seeks to restructure unprofitable mines. Copper outputwill struggle as falling copper ore grades and weak prices are set to hinder growth. Nevertheless, the rateof growth we forecast indicates that the country will remain one of the most significant players in theEuropean coal, silver and copper markets.
Latest Developments And Structural Trends
In July 2017, Deputy Energy Minister Grzegorz Tobiszowski said that nearly 60 percent of Polish energyin 2030 will come from bituminous coal and lignite. Poland, due to a lack of alternative energy sourcesand as trade unions retain their grip on the industry, currently generates more than 80% of its electricityfrom burning coal produced by its state-owned mines. Despite European Union requirements to cutcarbon emissions, Poland has vowed to stick to coal, stating that it is its only accessible source of energyand switching to others in a short time would be too costly.