Wholesale prices of electricity in Poland 2018-2024

In the observed period, weighted average monthly electricity prices on the day-ahead market in Poland increased from 163.95 zloty/MWh in January 2018 to over 423 zloty/MWh (97 EUR/MWh) in January 2024. The record weighted average price occurred in August 2022, exceeding 1.3 thousand zloty.

Consumption of electricity in Poland

Electricity is essential to modern life and vital to every country’s economy. Starting from 1990, the final annual electricity consumption reached a value of 124.7 terawatt-hours. It eventually grew to 170.3 tWh in 2021, which happened to be a 5.6 percent increase compared to the previous year. Consumption of solar photovoltaic power has become popular in recent years, but also the capacity of solar photovoltaic per inhabitant in Poland has significantly increased, rising from just 0.1 watts per inhabitant in 2013 to 323.7 W/inhab in 2022. In 2022, 18.09 million customers in Poland used electricity with consumption lower than 50 megawatt-hours.

Electricity production from renewables

Throughout the years, there have been different methods and sources of electricity production worldwide. Starting in 2012, the electricity production from solar photovoltaic power generated only 3.4 gigawatt-hours. In 2022, Poland's electricity production volume from solar photovoltaic power reached a peak of over eight terawatt hours. Another source of electricity production was the wind. Where the production of electricity from wind steadily increased from five gigawatt-hours in 2000 to 16,234 gigawatt-hours in 2021. Biogas and biomass also play a significant role in the production of electricity. In 2012, electricity production from biogas and biomass was the highest at around 10,094 gigawatt-hours. However, in 2021, the production decreased, reaching 7,954 GWh.