Polska Grupa Energetyczna

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Polska Grupa Energetyczna (PGE SA or PGE Group, the name can be translated as Polish Energy Group) is a state-owned power company and the largest power producing company in Poland. PGE is listed on the Warsaw Stock Exchange and is a constituent of the WIG20 index.[1]

History

The PGE Group has its origin in the establishment of Polskie Sieci Elektroenergetyczne S.A. in 1990. In 2007 the Transmission System Operator PSE-Operator was separated from the PSE. On 9 May 2007 Polska Grupa Energetyczna was established by the merger of PSE, PGE Energia SA and BOT Górnictwo i Energetyka S.A.[2]

Operations

The PGE Group operates two large lignite mines and more than 40 power stations. Power stations are fueled mainly by hard coal and lignite. The company consists of eight distribution system operator companies, eight electricity retail sales companies, an electricity wholesale company, and enterprises operating in other industries (including the telecommunications).[2]

Lignite coal plants:[3]

Hard coal power plants:[4]

  • Opole Power Station (1,492 MW)
  • Dolna Odra (1,567 MW)
  • Pomorzany (134 MW)
  • Kielce (10.8 MW)
  • Bydgoszcz I & II (231 MW)
  • Gorzów (32 MW)

Proposed Coal-Fired Power Stations

Proposed Carbon Capture and Storage project

Proposed mines

In 2012 PGE Group said it might consider building lignite mines and power plants in the Lubuskie region, Western Poland, in a long term perspective, as the deposits of its current mine in Turow will likely be depleted within 30 years. PGE holds permits to explore lignite deposits in the region.[5]

Articles and Resources

Sources

  1. Pawel Kozlowski; Katarzyna Klimasinska (2009-02-25). "Poland Can’t Delay Asset Sales, Treasury’s Grad Says". Bloomberg. Retrieved on 2009-03-07.
  2. 2.0 2.1 Tomasz Zadroga (2008-10-31). "Activities of the Polish Energy Group" (PDF). Baltic Rim Economies. Pan-European Institute. Retrieved on 2009-03-07. 
  3. "Creating value and safe future PGE Group Strategy 2012-2035," PGE, Feb. 2012.
  4. "Creating value and safe future PGE Group Strategy 2012-2035," PGE, Feb. 2012.
  5. "PGE likely to turn to lignite business," The Warsaw Voice, Feb. 6, 2012.

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Background information

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