National Grid ready to form PSE Energie

The National Grid (PSE) is awaiting a decision from the Treasury Minister to approve its restructuring plans, which envisage creation of a new company, PSE Energie, which would take over all energy related assets of PSE, with the exception of the network itself. The new company would become an independent operator of the transmission system, and a commercial division. It would take over PSE Electra, which currently deals with long-term contracts concerning electricity trade, and the Pumped Storage Power Plants, which specializes in rendering system services and supplying stored electric power. "The structure of PSE Energie will also include the Gorzów Thermal-Electric power station. It is not excluded that the Treasury Minister will also decide to strengthen the group with additional assets," said the head of PSE, Stanisław Dobrzański. (Puls Biznesu, p. 8) A.K.