This week, the Polish government made a final decision to abandon the NABE project (Narodowa Agencja Bezpieczeństwa Energetycznego) — one of the most high-profile energy policy initiatives in recent years.
What happened?
Minister of State Assets Jakub Jaworowski publicly stated: “The NABE project lacks economic justification.”
As a result, the Council of Ministers’ Resolution No. 44/2022 — which outlined the plan to separate coal assets from state-owned energy companies — has been officially repealed.
What was NABE?
The NABE initiative was designed as a response to rising CO₂ emissions costs. The goal was to transfer coal-related assets from state-owned companies — PGE, Tauron, Enea, and Energa — into a separate, state-run structure.
This restructuring was intended to:
- Free energy companies from the burden of coal generation
- Enable access to green and sustainable financing
In 2023, asset transfer agreements were signed. The Polish State Treasury planned to contribute these assets to PGE GiEK SA, which would be transformed into NABE.
What’s next?
The Polish government is expected to propose a new strategy for managing coal assets, taking into account:
- Climate commitments
- Labor market dynamics in coal regions
- The evolving needs of the national energy system
However, one thing is clear — the NABE project is officially closed.
This development marks a significant shift in Poland’s approach to energy transition and asset restructuring. The energy sector will be closely watching the next steps as the country redefines its pathway toward decarbonization and energy security.