Development strategy until 2030

Implementation of the ENEA Group Development Strategy until 2030 with an outlook to 2040, announced in December 2021, will allow the ENEA Group to adapt its activity to the challenges facing the Polish power industry in a reliable and efficient manner. The primary objective stated in the aforementioned the document is the Green Change, understood as a sustainable transition of the Group leading to an increase in its value, while pursuing a long-term goal of achieving climate neutrality by 2050.

The ENEA Group intends to achieve climate neutrality by developing renewable energy sources (RES). The increase in the installed RES capacity will be achieved through acquisitions, the development of own projects (mostly in rural areas) and in collaboration with business partners. At the same time, we continue action to spin off assets related to electricity generation in conventional coal- and lignite-fired units from the Group structure to the National Energy Security Agency (NABE)¹⁾. Nevertheless, in the initial phase of its efforts aimed at reaching climate neutrality, the Group intends to use gas as a low-carbon transition fuel in order to maintain Poland’s energy security. Investments in this area will be confined to the replacement of some generation capacities (approx. 1.9 GW) based on the existing infrastructure. Conventional low-carbon sources will stabilize the developing RES capacity.

In November 2022, strategies for each of the Group’s business areas were developed and adopted with a view to clarifying and operationalizing the development strategy.

The following key outcomes were assumed:

¹⁾ Increase in installed RES capacity (gross) counted in relation to 2020, excluding the Green Unit of Połaniec Power Plant and energy storage.
²⁾ Excluding the bituminous coal fired generation capacities (without the Green Unit of Połaniec Power Plant.

The ENEA Group’s development strategy is in keeping with the assumptions of Poland’s energy transition, the guidelines for which are set in Poland’s Energy Policy until 2040 prepared by the Ministry of Climate and Environment in line with the revised assumptions of the common climate and energy policy until 2030, contained in particular in the document entitled European Green Deal, setting the European Union the goal of achieving net zero emissions by 2050. The document additionally takes into account the objectives and findings stipulated in three sectoral arrangements, which were concluded in 2021 and are aimed to strengthen the national economic, environmental, technological, energy and social benefits from the development of the offshore wind power, hydrogen power and photovoltaic industries.

Information on the planned dates of shutdown of individual units in the Kozienice Power Plant and Połaniec Power Plant powered by bituminous coal and conventional sources of ENEA Ciepło is presented below.