[en] Industry structure: There has been no impact of the market structure on potential investors’ decisions. The structure of the electricity market has been modified in accordance with the development of the EU law. The most important items are the legal documents covered by the third energy package. The separation of supply and grid related activities was already completed, therefore nothing significant was necessary to improve the structure of the power industry, as recommended by the package. However, Poland did not pursue ownership unbundling of the distribution assets. This would weaken the economic terms for attracting new investments in the sector. In the transmission segment, the exclusive ownership of the TSO by the State Treasury fulfills the requirements of the package. The strong cooperation between TSOs does not influence the structure of the market but improves the security of electricity supply and decreases the risks for entities operating in the wholesale market. Ownership: Private investors are not satisfied with the supremacy of the State Treasury in the ownership mix of power companies, notwithstanding the legal measures that prevent the discrimination of private investors. The privatization of power companies is progressing at a slow rate. Regulatory arrangements: The energy regulator has several duties, including granting and withdrawal of licences; exemptions from the obligation to present tariffs for approval; and exemptions from the obligation to render transmission or distribution services. The wide scope of the regulator’s powers needs to be focused and decision making made transparent. As yet, there are no complaints about the performance of the regulator and investors are satisfied in this respect