ING logo
ING

July 1, 2026

Poland's Energy Plan: Big Ambition, Challenging To Deliver

Macro ThematicMacro Economic IndicatorsEnergyUtilities

Poland has officially adopted an updated National Energy and Climate Plan (NECP) targeting a major decarbonization transition by 2040. While the strategy is technically robust, its delivery faces material implementation risks, including political cycles, financing gaps, and infrastructure bottlenecks.

Key Takeaways

  • 1.Poland has adopted an ambitious NECP strategy targeting major decarbonization through renewables and nuclear power by 2040.
  • 2.Implementation faces significant risks including political uncertainty, potential supply bottlenecks, and a lack of clear financial planning.
  • 3.A total of €684bn in energy-related investment is estimated through 2040, requiring a massive acceleration in grid modernization.

Table of Contents

  • Government adopts update to National Energy and Climate Plan
  • Our main conclusions from the ambitious WAM scenario
  • Improving energy efficiency
  • Electrification and a step-change increase in electricity-grid investment
  • Changing the energy mix to a low-emission one
  • Electricity generation costs
  • Local content
  • Main implementation risks

Document Preview

Page 1 of 5
Page 1 of Poland's Energy Plan: Big Ambition, Challenging To Deliver
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.