The Polish state-owned power utility PGE, which is the largest power producer in the country, has approved an updated strategy until 2030, setting more ambitious goals related to decarbonisation and efficiency. The company targets 100% of clean energy for customers in 2040, carbon net zero in 2040 and zero unused energy. Financially, the strategy anticipates significant capital expenditures between 2024 and 2030, totalling over PLN125bn (€28bn), primarily invested in decarbonisation and electrification efforts.
PGE aims to achieve net zero operations by 2040 through an expanded renewables portfolio, zero-emission electric utilities, and district heating decarbonisation. Targets notably includes 2.5 GW of offshore wind capacity by 2030 and 7 GW by 2040, 3 GW of solar by 2040, 2.2 GW of CCGT units (Gryfino and Rybnik) by 2030, 2.8 GW of nuclear by 2040 and 2.5 GW of pumped storage by 2030. Regarding district heating, the company aims to reach a 40-50% share of renewable and electric sources by 2030, decommission coal-fired installations by 2030, and reach an 80% share of renewable and electric sources by 2040.
To reach 100% clean energy for customers in 2040, the group intends to deliver 800 MW of PV installations, 200 MW in energy storage, and 100,000 heat pumps to decarbonise individual heating. Simultaneously, the strategy entails electrifying district heating. PGE plans to construct 1,000 MWt of electrode boilers and heat storages, alongside 500 MWt of district heat pumps. The strategy's grid infrastructure goals include achieving 750-1000 MW/year connection capacity of renewable sources by 2030, 100% grid observability by 2030, a minimum 20% share of contracted flexibility sources by 2040, and complete grid operation automation by 2050.