Polish Government agency launches EUR 1.1 billion program to boost energy transition

Poland’s National Environmental Protection and Water Management Fund (NFOSiGW) has unveiled a €1.1 billion initiative to support businesses engaged in the country’s energy transition efforts. The program, announced on Monday, aims to provide financial assistance to companies of various sizes involved in renewable energy and electromobility sectors.

According to the NFOSiGW statement, companies will be eligible to apply for funding starting in the second quarter of 2025, with disbursements expected to be completed by the second quarter of 2026. The funding, sourced from Poland’s revised National Recovery Plan (KPO), is part of the broader European Union’s Recovery and Resilience Facility (RRF), which seeks to enhance economic and social resilience across member states following the COVID-19 pandemic and the economic fallout from Russia’s invasion of Ukraine.

The financial support is aimed at accelerating Poland’s transition to cleaner energy, with grants allocated to projects focused on low-emission industrial infrastructure, as well as the generation and storage of renewable energy. The initiative aligns with the Polish government’s long-term strategy to reduce reliance on fossil fuels and foster a sustainable energy future.

Poland’s access to these EU funds was previously suspended due to concerns regarding judicial independence and the rule of law under the former government led by the conservative Law and Justice (PiS) party, which remained in power until December 2023. The European Commission had withheld the funds, citing non-compliance with key democratic principles. However, in February 2024, following the implementation of judicial reforms ensuring greater independence of the judiciary, the Commission confirmed that Poland had met the necessary conditions, unlocking access to the funds earmarked for recovery and modernization efforts.

The newly available financial resources are expected to provide a significant boost to Polish enterprises looking to modernize their operations and align with EU climate goals. Experts believe that the funding will encourage greater investment in green technologies, facilitating Poland’s shift toward carbon neutrality in line with EU directives.

With the application window set to open in 2025, businesses across the country are preparing to capitalize on the opportunity to drive innovation and advance Poland’s position in the European renewable energy sector.

Source: PAP