Investments in 2020

In 2020, PGE Group continued the implementation of investments and announced new ones, which are gradually changing the emission profile.

Construction of two new gas-fired power units at Dolna Odra Power Plant

Total capacity approx. 1 400 MW, net efficiency 63%.

In the new units, the emissivity will be below 0.35 tons of CO2/MWh – for comparison, at the time of signing the contract, the average emissivity of energy generation in the National Power System was approximately 0.8 tons of CO2/MWh. The commissioning of new units will therefore allow to reduce emissions by approx. 2-3 million tonnes of CO2 per year.

The implementation of the investment will be an important step towards achieving climate neutrality in 2050 – on the way to this goal, gas will be a transition fuel, allowing for a just energy transition.

Agreement signed in January 2020.

The commissioning of the units is planned for 2023.

Construction of a lignite-fired power unit at Turów Power Plant

Capacity 496 MW, net efficiency 43%.

The new unit meets strict environmental protection standards. The SO2 emission in comparison to the previously shut down units No. 8, 9 and 10 is almost 20 times lower, and the particulates matter emission is about 10 times lower. In addition, the unit is characterized by CO2 emissions by approx. 15% lower than the currently operating units in this location. The new unit is also adapted to the emission rigors resulting from the BAT conclusions, which have been in force since August 2021 and assume the implementation of the best and most environmentally friendly technologies available.

Unit put into operation in May 2020.

The investment in Turów was the last project of a coal-fired power unit in the PGE Group. The unit in Turów will be the most modern unit fired with conventional fuel among the assets of the planned new entity, which will concentrate all domestic coal assets (the National Energy Security Agency).

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Wind farms Starza/Rybice i Karnice II (West Pomeranian voivodeship)

43 turbines with a total installed capacity of nearly 100 MW. The estimated annual production of 275 GWh of energy will meet the energy needs of approximately 120 000 households. Avoiding the issue of over 200 000 tons of carbon dioxide

Farms commissioned in June 2020. The construction of new wind farms was possible thanks to the winning of 2018 auction for the sale of electricity from renewable energy installations.

Acquisition of Skoczykłody wind farm (voivodeship of Łódź)

Twelve turbines with a total installed capacity of 36 MW. The farm’s efficiency reaches nearly 32%, and the annual production of nearly 100 GWh allows it to meet the energy needs of over 40 000 households.

Transaction finalized in July 2020.

Until 2030, the farm will benefit from the support system in the form of green certificates.

Construction of photovoltaic installations

4 projects with a capacity of 4 MW.

  • PV Lesko in the Subcarpathian Voivodeship.
  • PV Bliskowice in the Lubelskie Voivodeship.
  • PV Lutol1 and PV Lutol2 in the Lubuskie voivodship.

Installations put into operation in the period September – November 2020.

Investments in the distribution segment

1 788 km of distribution lines

589 stations

Investments pursued in 2020.

As a result of the implementation of wind investments, PGE strengthened its leading position on the domestic RES market, increasing the total installed capacity of PGE Group wind farms to nearly 700 MW and consolidating the Group’s position as the largest producer of green energy in Poland.

The commissioning of photovoltaic installations is the first step in an ambitious photovoltaic development program – in line with the strategy announced in October 2020, which provides for the construction of approx. 3 GW of photovoltaic capacity.

During 2020, activities aimed at selecting a partner in the strategic project of the Baltica offshore wind farms and a tender to select a contractor for the construction of a new heat and power plant in Czechnica (project of the subsidiary KOGENERACJA) were also continued.

The total capital expenditures of the PGE Group in 2020 reached PLN 5.5 billion.

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