Sunday, September 27, 2020
Home Climate PGE secures funding to connect more RES producer to the grid

PGE secures funding to connect more RES producer to the grid

Poland’s biggest energy group, PGE secured over 34 million złotys (7.4 million euros) – 20 million złotys (4.4 million euros) in the form of EU subsidies – to support investment in renewables under a new agreement signed with the Climate Ministry. The project carried out by PGE Dystrybucja will improve the reliability of electricity supply to customers in Łódź Province and connect renewable energy sources to the network.

Michał Kurtyka, Poland’s minister of Climate, reminded that investments in network infrastructure are essential for the development of renewable energy sources as it increases the connectivity of producers to the system.

Wojciech Dąbrowski, President of the Board of PGE, emphasised that the company decided about investments aimed at increasing the share of green energy in the Polish energy mix in all areas of the Group’s operations.

“One of the key areas of RES development are investments in infrastructure belonging to PGE Dystrybucja,” he said. “Securing subsidies of over 20 million złotys, especially in this challenging economic situation, is significant support for accelerating renewables energy production by connecting producers to the grid.”

Under the agreement, investments will be carried out to improve the distribution infrastructure at major power points – involving the modernization of the Wieluń 110/15 kilovolts station and the 110/15 kilovolts RPZ Ruda station – in order to integrate renewables to the network.

PGE notes that last year the connection of photovoltaic installations to the PGE Dystrybucja network tripled, with a total capacity of 254 megawatts (MW). The capacity of all RES micro-installations connected to PGE’s network amounted to 330 MW. For comparison, at the end of 2018, this number was 109 MW. In the first quarter of 2020, PGE Dystrybucja connected to the network more RES micro-installations than in the record fourth quarter of 2019.

Poland experienced unprecedented growth in its solar energy market and almost quadrupled its capacities thus becoming the fifth largest producer in Europe, according to Sun Investment Group (SIG). The capacity of solar power installations connected to the grid increased from 203 MW in 2018 to 784 MW by the end of 2019. In 2020, Poland is planning to almost double its installations to 1.3 gigawatts (GW). Although the biggest renewable source is still wind power, Poland is turning its focus on expanding the solar energy sector as well.

Within the framework of the country’s energy policy through to 2040, the government is targeting a 60 per cent reduction in the share of coal in its electricity production by 2030 and an increase in the proportion of renewable energy to 27 per cent by 2040.

Most Popular

Kosovo to expand its wind capacity with 57.5 mln euros EBRD loan

Kosovo, a country heavily reliant on coal, took a major step towards the decarbonisation of its electricity sector with the help of a 57.5 mln euros loan from the EBRD to finance the construction of a 105 MW wind farm.

PGNiG Upstream Norway acquires two new fields in the North Sea

PGNiG Upstream Norway signed an agreement with Norske Shell to acquire interests in Kvitebjørn and Valemon, two producing fields in the North Sea. The gas produced will be sent to Poland after the Baltic Pipe link is launched.

Antje Kanngiesser appointed new CEO of the Alpiq Group

Antje Kanngiesser has been appointed as the new CEO of the Alpiq Group, the leading Swiss electricity producer.

Taking account of social and environmental impacts ahead of the World Tourism Day

Tourism has been among the hardest hit of all sectors by the COVID-19. On this World Tourism Day, the pandemic represents an opportunity to rethink the future of the tourism sector, including how it contributes to the sustainable development goals.