London, 30 June 2015 -- Moody's Investors Service expects that Polish wholesale power prices will remain at low levels within a range of PLN160-180 per megawatt hour (MWh) (EUR38-43/MWh) through 2020. This compares with around PLN163/MWh today. Moody's notes that the scale of the country's installed capacity will not change substantially, and as demand grows, the reserve margin will gradually tighten until new power plants are commissioned in 2019.

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