The PGE Capital Group, Poland’s largest power sector company with respect to sales revenues and net profit, became a CEEP member. Thanks to the combination of its own fuel resources, power generation and distribution networks, PGE guarantees a safe and reliable power supply to over 5 million households, businesses and institutions. In 2015, it had 12.77 GW installed capacity with a net electricity production of 54.58 TWh. The business activities of Polska Grupa Energetyczna S.A. focus on the following: conventional power generation, distribution, retail, wholesale, renewable power generation, nuclear power generation. It actively supports the development of the Polish electrical power industry, by conducting opinion-forming activities aimed at the improvement of power industry operations and the shaping of a rational, industry-friendly regulatory environment, both in Poland and in the European Union. Maintaining the leading position in generation is to involve achieving an at least 40% share in Poland's electricity generation market beyond 2020. In order to maintain a leading position in generation, in the long-term PGE Group has three strategic options: - Construction of Poland’s first nuclear power plant, following the development of a model guaranteeing economic viability of the investment. - Construction of approx. 1000 MW capacity in off-shore wind farms, based on an auction support system. PGE Group intends to retain its leadership in the renewables segment and account for approx. 25% of domestic renewables generation by 2030. - Modern coal-fired power generation, including utilization of new lignite deposits in case there is a significant easing of the climate policy. PGE has over 38,500 employees. [...]
Cristina Dascalu (CD): From your professional experience, to what extent is energy policy shaping our future energy system in the perspective till 2020, and then 2030? Henryk Baranowski (HB): It is clear that the climate and energy regulatory framework is shaped by various interests within the EU Council. Therefore, the EU’s climate and energy policy is not the only tool to shape our energy market(s). I see it, also, as a tool in the hands of the EU’s leading economies, to push the EU’s energy system development in their preferred direction. Until 2020, the EU-fuel mix will be shaped predominantly by the RES Directive, which imposes obligatory (at the national level) targets for the RES share in final energy consumption. In Poland, it has resulted in a rapid RES development. It means that RES electricity generation in Poland has increased in the last seven years by 175%. The impact of the EU’s legislation is also revealed by the fact that the RES share in electricity generation, grew four times between 2008 and 2014. Delivering the RES 2020 target in Poland is not at risk. However, we are not certain how the regulatory RES framework will be shaped in the post-2020 period. It depends on the implementation of the European Council’s conclusions regarding the binding legislation. [Tweet "RES electricity generation in Poland has increased in the last seven years by 175%."]The EU ETS has not been a key driver in the power sector’s emissions reductions, but will most likely become one in the future, due to the foreseen scarcity of free EUA and their price growth. Therefore, in the long-term [...]
In a few words
We represent the widely understood Central Europe energy sector (electricity generation, distribution and transmission, renewables, gas, oil, heat generation and distribution, chemical industries, etc.), universities and scientific institutions.
The Atlantic Council Global Energy Forum is the premiere international gathering of government, industry, and thought leaders to set the energy agenda for the year. Now in its fifth year, the Forum has emerged as the go-to energy conference to discuss the geopolitical and market issues confronting the energy industry in the coming year, develop new partnerships, and demonstrate thought leadership on global energy trends.
The 2021 Forum will have a special focus on the post-pandemic energy system, emerging net-zero carbon goals, the role of the Middle East in the energy transition, and the US’s energy and foreign policy priorities in the Biden administration.
Offered in a new virtual setting, the 2021 Forum will feature our Atlantic Council conference app that allows participants to network directly with one another, ask questions during live events, post on virtual boards, and connect with featured sponsors. The latest agenda is posted on the website and the list of confirmed speakers can be found here