Energy-fuel groups to become key plank in energy policy

Tadeusz Soroka, Deputy Treasury Minister responsible for the sector, announced that the changes will mainly concern the two largest companies - the National Grid (PSE) and the Southern Energy Concern (PKE). The initial plan envisaged that PKE would take over several energy plants, including Stalowa Wola, or El Kozienice. The State Treasury is currently considering forming a new venture that would encompass these plants, including production facilities, coal mines and energy distribution companies. This venture would be controlled by PKE. "The formation of such a structure is concurrent with our philosophy of building a fuel-energy group," said PKE president Jan Kurp. The current plan for PSE is to withdraw from its non-core business, such as telecommunications and to focus on being an energy distributor. "The new strategy for PSE is for it to maintain its energy assets within the company," said Tadeusz Soroka. (Puls Biznesu, p. 4) A.K.