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Tauron to invest PLN 37 billion until 2023

22:35

Major Polish utility Tauron plans to spend PLN 37 billion on investments before 2023. One of the main segments is renewables. In the distribution network, investments will amount to about PLN 21.1 million, including connection of new recipients and sources, extension of connected power grid, and modernization and reconstruction of existing assets.

Tauron aims to produce electric power at the given levels: 1,030 MW in coal power plants, about 675 MW in gas plants and about 500 MW of wind turbine power. The company released information that in 2023 the group will operate 700 MW of wind power, which will help the company achieve the goal of 800 MW of renewable energy production (together with biomass).

“In later years, plans call for construction of a nuclear power plant together with strategic partners,” the company said. “In 2014, 92 percent of the group’s power generation is from coal. In 2023, the share of coal power should decrease to 74 percent, of which a quarter will be modern and highly efficient coal plants. The share of low-emission technology, i.e. gas, wind, hydro, biomass, will amount to 26 percent.”

Poland A.M.

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