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Energy price caps and other emergency interventions in the electricity market in Poland in 2023

As a sharp increase in energy prices has been observed in recent months, the Polish Parliament, following the Council of the European Union, introduced a new emergency intervention in the electricity market to protect end-users and businesses from potential harm due to the current unstable situation.
Energy price caps for specific eligible offtakers, mechanisms for redistributing excess profits of energy producers and instruments promoting a reduction in electricity demand have been adopted. The new laws will have a profound impact on the electricity market in Poland and on all of its participants. These topics are analysed in our new publication prepared by Kamil Jankielewicz, Antoni Roszkowski and Natalia Chyb.