Poland announced a plan late April 16 to separate coal assets from state-controlled utilities and transfer them to a state-owned National Energy Security Agency (NABE), freeing up power companies to access financing for future investments in natural gas and renewable energy. The state Treasury is to buy 70 coal units from three utilities, PGE, Enea and Tauron, and set up NABE next year, the Ministry of State Assets said in a statement. PGE’s conventional arm, PGE GiEK, is to be in charge of integrating the assets into NABE. Once it has done so, PGE GiEK will operate under the name of NABE. The open pit mines associated with lignite-fired power stations would also be […]