On October 19, 2020 PGE Polska Grupa Energetyczna published a new strategy in which the company declares its ambition to be climate neutral by 2050.

The plan is ambitious as the company’s current generation portfolio is over 80% based on hard coal and lignite.

The plan to transform the portfolio includes that by 2030, two PGE Group offshore farms will be built with a total capacity of 2.5 GW and another 1 GW after 2030. The potential of the Baltic Sea will be fully utilized and the PGE project base will be supplemented by another 3.0 GW.

These actions will be accompanied by the construction of flexible gas-fired generation capacities and a programme of energy storage facilities complementary to RES, ensuring flexible operation of the power system and enabling greater use of the power of renewable sources. PGE Group’s plan in this area is 800 MW of new energy storage facilities in Poland in 2030, which will ensure secure power grid integration of new RES.

In 2050 we will provide our customers with 100% green energy – emphasised Wojciech Dąbrowsk, President of the Management Board of PGE Polska Grupa Energetyczna.

Source: https://www.gkpge.pl/investor-relations/PGE-Group/pge-group-s-strategy