Enea announces big plans for coming year

Electricity distributor Enea has signed deals with Poland's Ministry of Energy to complete work that will develop electricity distribution and increase connection capacity, the company said in a press release on Thursday. The value of the projects was said to be over PLN 67 million. By the end of 2016, the report also said, Enea will sign another three co-financing agreements for development of intelligent storage systems and for transmission and distribution of electricity and gas. The value of projects was reported to be PLN 50 million, with PLN 33 million coming from EU funds. “In the first half of next year we will be signing 18 agreements on co-financing of investments from the Operational Program Infrastructure and Environment (OPIE). The funds will be used for construction and reconstruction of networks enabling connection of producers of energy from renewable sources and the development and implementation of automation systems distribution medium and low voltage (total value of PLN 300 million),” the statement read. The company also said that the developments would increase the country's energy security, and that, thus far in 2016, Enea had spent about PLN 900 million on projects. “We invest about PLN 1 billion annually in the distribution network. The needs, however, are still high, which is why in October of this year, we submitted requests to the Ministry of Energy to extend our list of strategic projects to [include] an additional 17 projects," Enea's vice-president for network infrastructure Marek Szymankiewicz said in the report.