Polish utility Enea looks to boost renewables, maintain capacity
The company, which generates most of its electricity by burning coal, said on Monday it will update its strategy this year bearing in mind “the preferences of financial institutions regarding transformation”
WARSAW: Enea aims to maintain the size of its installed capacity while swapping tradition energy sources for more renewable energy, the Polish state-run utility’s CEO said on Monday.
“We will strongly focus on the transformation of assets so that the level of our installed capacity does not change. Apart from investment in renewables, we are also thinking intensely about gas,” Chief Executive Miroslaw Kowalik told a news conference.
The company, which generates most of its electricity by burning coal, said on Monday it will update its strategy this year bearing in mind “the preferences of financial institutions regarding transformation.”
Kowalik declined to specify what share of production would be coal-generated under the new strategy.
Enea has 6.3 gigawatts (GW) of installed generating capacity including 443 megawatts from renewable energy sources.
It owns Poland’s largest hard coal-burning power plant in Kozienice and coal miner Bogdanka.
Together with smaller peer Energa it plans to build a 1 GW power plant in Ostroleka. Expected to be Poland’s last coal-burning plant, the project has drawn strong opposition from environmentalists.
Kowalik said Enea in 2019 overall plans to invest 2.5 billion zlotys ($622 million).
State-run utility Tauron said in May it would replace most of its coal-burning power plants with renewable sources of energy in the coming decade.
Source: reuters
