PGE.

The new coal-fired unit in the Turów power plant is almost finished. It should be ready to go in the third quarter of this year. However, the license to extract coal from a nearby coal mine will expire in a month. The Czechs are against prolonging it. Where will the coal come from if not […]

What goes on in Poland on the 12th of March.

The net-zero emissions economy by 2050 requires significant investment effort, estimated at EUR 179-206 billion for the power sector in Poland. Potential social and overall economic impact of the climate neutrality largely exceed that cost. The most vulnerable regions and sectors should not be left alone in facing this enormous challenge.

PGE Polska Grupa Energetyczna has entered into a credit agreement with the European Investment Bank (EIB) for up to PLN 272.5m (approx. EUR 64m), with the purpose of financing the construction of new onshore wind farms on the Baltic coast in Poland. The three wind farms called Starza, Rybice and Karnice II (combined into the […]

–  We expect the act on offshore wind concern to include inter alia the selection of a support model for the first offshore wind projects in Poland. There are still some elements that require clarification. According to Ørsted, a comprehensive and broad industry act should be adopted by the government and parliament as soon as […]

“Financing the energy transition” was the topic of another debate organised in Brussels by PGE Polska Grupa Energetyczna. The panel guests have agreed that one of the tools for supporting the decarbonisation, the Just Transition Fund (JTF), should be significantly boosted if it is not to remain just a buzzword. The example of transition in […]

What goes on in Poland on the 29th of October.

What goes on in Poland on the 23rd of October.

PGE Baltica, a company owned by Polska Grupa Energetyczna, and Baltic Power, controlled by PKN Orlen, have signed a letter of intent on the collaboration on off-shore wind farm projects. The companies have finalised the agreement during this year’s Economic Congress in Krynica. The agreement concerns sharing of experience, knowledge and information between the companies […]

PGE Baltica, a company belonging to the Polska Grupa Energetyczna, and Baltic Power, controlled by PKN Orlen, have signed a letter of intent on the collaboration in off-shore wind farm projects. The agreement was concluded during this year’s Economic Congress in Krynica. It concerns sharing of experience, knowledge and information between the companies that will […]