PGE

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Energy 03-12-2020

PGE: Poland wants to catch the wind of Baltic Sea

PGE Capital Group wants to be the leader of offshore energy in Poland. Plans to deploy up to 6.5 GW of offshore wind farms capacity in the Baltic Sea are divided into two stages. By 2030, PGE will commission two...
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Energy 22-10-2020

Financing the energy transition should take into account regional differences between Member States

An increased EU’s emission reduction target by 2030 is currently a hotly debated topic in Brussels.  Regardless of whether the target will be 55% or 60%, reaching EU’s ambitious climate change targets requires significant investment outlays. Paweł Strączyński is PGE’s...
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Energy 15-07-2020

A successful energy transition requires a legal certainty that leaves no-one behind

Maintaining base electricity production and the security of supply will be indispensable for enabling more renewables in the grid as Europe’s electricity demand continues to grow. This requires the pace of transition to be gradual to avoid stranding assets, which are operating today under existing legislation and market conditions.
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Energy 10-03-2020

Funding the Just Transition Fund: additional money is needed

PGE is ready to actively contribute to EU climate ambitions by investing heavily in low-carbon power generation technologies as evidenced by our investment plans. However, we will need adequate support in the process.
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The EU 2030 climate target is tomorrow

The European Climate Law falls short of providing meaningful financial compensation for Member States with different starting points like Poland. This is a very unfortunate development at time when more unity and more solidarity are needed in the EU.
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Energy 28-03-2019

How to finance just energy transition in less wealthy Member States

The EU proposes to partly finance its ambitious climate goals in less wealthy Member States through the cohesion and regional development policy. But how much of this funding can really be dedicated to the transition of the power sector in a country like Poland?
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