The Polish oil group Orlen Group has published its new strategy to increase Poland’s energy independence by investing over PLN380bn (€89bn). The strategy, entitled “The Energy of Tomorrow Starts Today”, sets a number of targets by 2035, including the expansion of natural gas production (in Norway, Poland and North America) to 27 bcm to meet 100% of Poland's gas consumption. Orlen Group aims to reach 4.3 GW of gas-fired power generation capacities, enough to power 7.5 million households, and to develop 1.4 GW on large-scale energy storage facilities, capable of delivering 24-hour energy supply to 300,000 households. In addition, the group plans to develop four offshore wind parks and at least two small modular reactors (SMRs) and to raise the share of zero-emission sources to more than 25% of the mix by 2035.
Orlen is an integrated, multi-utility corporation primarily active in Central Europe supplying energy and fuel to over 100 million Europeans. The company is involved in the upstream and downstream sectors of the oil and gas industry, as well as in power generation and distribution.
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