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PGE avoids extra reserve for onerous contracts

21:05

PGE avoids extra reserve for onerous contracts
Source: Shutterstock

Polska Grupa Energetyczna (PGE) announced that no additional reserve is needed for onerous contracts at PGE Obrót following the Energy Regulatory Office’s (ERO) tariff approval. However, a loss of approximately PLN 550 million on tariff G for the second half of 2024 is estimated.

On June 28, 2024, the ERO approved the electricity sales price for tariff groups G from July 1, 2024…

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