- The project involves a €500M investment in a coal gasification plant.
- The plant will produce methanol or hydrogen from Polish coal.
- Grupa Azoty collaborates with KGHM and Tauron on this project.
- The plant aims to reduce natural gas purchases by 15%.
Project Overview
Grupa Azoty is initiating a coal gasification project with a €500 million investment. The plant will convert Polish bituminous coal into methanol or hydrogen, a process already established globally with 272 installations, including 30 in China.
Collaborative Effort
The project is a collaborative effort involving KGHM and Tauron. The gases produced from coal gasification can be used as fuel for electricity production, and research confirms the efficiency of gasifying Polish coal.
Economic and Environmental Impact
By implementing this technology, Grupa Azoty aims to reduce its natural gas purchases by about 15%, leading to significant cost savings. Additionally, the project will increase domestic coal consumption by approximately 1 million tonnes per year, promoting clean coal technologies and supporting EU climate policy by reducing CO2 emissions.
Investment Conditions
Key conditions for the investment include economic efficiency and favorable legislation, particularly regarding resource policy and excise tax on coal used in the gasification process. Locating the facility in a special economic zone and meeting emission quota demands are also crucial factors that could expedite the project's approval.
