Locked content Energy prices in Poland among the highest in EU – Eurostat

The average electricity price for households in Poland in H1 amounted to €14.6 per 100 kWh and grew by 6.9 percent y/y, while the EU average stood at €20.4 (0.5 percent y/y decrease), according to a report by EU’s statistics office Eurostat. However, in purchasing power standard terms the pric...

Locked content PGE with a PLN 310 mln contract with national grid operator

National energy grid operator PSE has signed a PLN 310 million deal with PGE Górnictwo i Energetyka Konwencjonalna, a company from the PGE group, to purchase electric energy that will cover the energy transfer losses that will be sustained in 2018, PSE stated. Such agreements are signed each year to...

Locked content Poland to close talks on capacity market arrangements by end-Sept

Poland should finalize capacity market arrangements with the European Commission by the end of September, energy minister Krzysztof Tchórzewski said. It includes o the design of the so-called. winter package – a proposal for the shape of the future energy market, which the Commission has notif...

Locked content Telecom Orange Polska buys energy company for PLN 37 mln

Orange Polska has signed a conditional agreement with Tokida Investments to purchase 100 percent of shares of Multimedia Polska Energia, Orange said in a statement. The value of the transaction stands at approx. PLN 37 million and will be adjusted based on the share capital and cash reserves as at t...

Tauron to build hybrid power plant

Poland’s utility Tauron Polska Energia is planning to carry out a hybrid power plant dubbed Opolnica, a company press release read. This is the first such investment in Poland.

Locked content EDF to sell its Polish assets

Electricite de France (EDF) is planning to sell its power plants located in Poland, according to Puls Biznesu daily. The total value of the assets may reach PLN 2 billion, the daily estimated. The French company has a 10 percent share in the Polish electric energy market and a 15 percent share in di...

Locked content Veolia modernizes power units for PLN 175 mln

Subsidiaries included in Veolia have signed contracts for the modernization of its power units located in Łódź and Poznań, valued at PLN 175 million in total, the group reported. The modernization of the three Łódź-based power units will be conducted by a consortium of Energotechnika – Energor...

Locked content PGE: Power unit in Gorzów Wielkopolski 70% ready

The gas and steam combined unit located in Gorzów Wielkopolski is 70 percent completed, PGE informed in a press release. The total value of the project stands at nearly PLN 700 million. The new 138 MW unit will be launched in March 2016, PGE reported. A consortium of Siemens Sp. z o.o. and Siemens I...