PGE Polska Grupa Energetyczna is one of the largest domestic investors.
In the past 10 years of operations as one Group, capital expenditures, including on the construction of new capacities, eco-friendly modernisations of existing assets and expansion of power networks, reached approx. PLN 55 billion. This is a very large amount, which could have financed approx. 1 400 km of new highways in Poland (this is the distance of all highway sections completed in Poland so far).
In 2016 alone we invested over PLN 8 billion. More than half of this constituted funds to build new power generation units in Opole and Turów, located in south-western Poland, with the best currently available technologies featuring the lower emission levels. Our investments provide an impetus for the Polish economy - these are not just orders that mostly go to Polish businesses. These are also thousands of jobs at construction sites and subsequently at operational units. In places where we operate we are the largest or one of the largest employers and thanks to our energy companies can develop their business and search for new opportunities. We are proud of the fact that we are a driving force for these regions.
How we do it?
Construction of units 5 and 6 at Elektrownia Opole is a driving force for the Polish economy. This is the largest energy investment in Poland after 1989. The project's budget is approx. PLN 11 billion. 70% of the value of all orders went to Polish enterprises. This investment also means thousands of jobs - currently, in peak investment period, more than 5 000 people are working on the construction site.
The investment in Opole is PGE Group's flagship project. The new units, which will be commissioned at the end of 2018 and start of 2019, will produce up to 13.5 TWh of electricity gross per year and will provide electricity for up to 4 million households. Use of the latest technologies will ensure the highest electricity generation efficiency amongst coal power plants - the units' net efficiency will be at least 45.5%. This means an improvement by 1/3 over the technologies currently being used. These units will also have approx. 20% less CO2 emissions, as compared with older-generation plants operating in Poland.
Once put into use, the new blocks at Elektrownia Opole will account for approx. 8% of domestic electricity demand.