ESG Report of the
ENEA Capital Group for
2022

Significance for the economy and technological progress

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The ENEA Group has made a multi-dimensional contribution to the Polish economy:

  • delivers electricity and heat and provides innovative services to individual and business customers,
  • is a large employer,
  • generates jobs in the value chain,
  • is a major taxpayer, which includes being the 6th largest CIT payer among tax groups for 2021,
  • makes a significant contribution to local budgets in the form of taxes and charges,
  • expands regional and local infrastructure,
  • develops technological innovations,
  • supports education of future staff, especially engineers.

We are particularly proud of the TOP10 Tax Groups award, which was presented to us by the Minister of Finance. It reminds us that as a reliable and responsible payer of taxes amounting to hundreds of millions of zlotys, we make a significant contribution to the ability of the state budget, among other things to finance sustainable social and economic development.

Rafał Mucha Vice-President of the ENEA S.A. Management Board for Financial Matters
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Direct economic value generated by the ENEA Group

Data for the entire ENEA Group
a. Direct economic value generated by the ENEA Group [data in PLN million]
20201) 20212) 2022
i. Generated economic value:
Revenue in total3) 18,515 21,626 30,555
ii. Distributed economic value:
Operating expenses4) 14,454 16,922 26,632
Payroll and employee benefits5) 1,963 2,137 2,496
Payments to capital providers (dividends and interest)6) 243 177 265
Payments to public institutions (taxes)7) 734 986 575
Social investments (donations) 8) no data 5 10
RETAINED VALUE (difference between i. and ii.) 1,121 1,400 577
1) Reported data.
2) Data for the year converted in accordance with the Consolidated Financial Statements for 2022.
3) Items from the Consolidated statement of comprehensive income: Revenue from sales and other income; Other operating revenue; Finance income; Change in provisions related to onerous contracts (revenue part); Dividend income.
4) Items from the Consolidated statement of comprehensive income: Amortization and depreciation; Consumption of materials and supplies and cost of goods sold; Purchase of energy and gas for subsequent sale; Transmission services; Other third-party services; Change in provisions related to onerous contracts (expense part); Other operating expenses; Other finance costs.
5) Items from the Consolidated statement of comprehensive income: Employee benefit costs.
6) Items from the Consolidated Financial Statements: Dividends paid; Costs of interest in respect of borrowing facilities; Costs of interest in respect of bonds; Costs of interest in respect of lease liabilities and head lease; Costs of interest in respect of IRS; Other interest.
7) Items from the Consolidated statement of comprehensive income: Taxes and charges; Current tax.
8)Total value of cash and in-kind donations made through the ENEA Foundation and the “Solidary Miners” Foundation or directly to beneficiaries.
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Financial aid received from the state

Data for the entire ENEA Group [PLN 000s]
a., b. Total monetary value of the financial aid received by the ENEA Group from the state
2020 2021 2022
i. Tax credits and exemptions 1,113 1,661 1,700
ii. Subsidies 38 0 0
iii. Grants (e.g. for investments and research and development) 199 107 7,247
iv. Prizes 0 0 0
v. Exemptions from license fees 0 0 0
vi. Financial aid from public crediting institutions, e.g. under export support programs 92 87 202
vii. Financial incentives 0 0 0
viii. Other financial benefits received or due from the state 614,958 1,348,747 1,303,054
TOTAL: 616,400 1,350,602 1,312,203

The most significant sources of the financial aid received by the ENEA Group from the state include:

- revenue from the Capacity Market,
- support in the form of certificates of origin for electricity and certificates of energy efficiency,
- free CO2 emission allowances.

Creating innovation

The ENEA Group Development Strategy until 2030 with an outlook to 2040 envisages initiatives focused on development of innovation in respect to: 

  • energy storage, including hydrogen storage;
  • low- and zero-carbon energy sources, hydrogen technologies and agrivoltaics;
  • RES (including wind power, photovoltaics, biomass, biogas plants, hybrid installations);
  • conventional power generation based on low-emissions sources;
  • circular economy solutions;
  • smart power grid;
  • electromobility;
  • digitization, automation and new technologies;
  • innovative services and products for customers;
  • contemporary communication with customers and modern cooperation models.

Ecosystem of innovation in the ENEA Group

  • We are building our innovation ecosystem based on the ENEA Group development strategy. ENEA Innowacje is a Group company that executes projects with high technological and business risk.
  • A submission form posted on the enea.pl website may be used by innovators to propose their projects.
  • Before launching projects, initiatives are selected and assessed, among others, from a business and technical perspective.
  • Those involved in the management of the ecosystem of innovation are employees of the Group Strategy and Development Management Department, employees of ENEA Innowacje, research and development sections and innovation offices of the other companies, engineers, constructors and technologists.
  • Developing innovation, we cooperate, among others, with the government of the Republic of Poland (especially the Ministry of State Assets), its agencies (e.g. the Polish Development Fund), industry associations, higher education institutions and technical high schools, local self-government, accelerators, start-ups and inventors.
  • One of the assumptions is building our own investment portfolio that will ultimately consist of 20-25 companies offering innovative products and/or services in the power industry and related areas.

In 2022, ENEA Innowacje:

  • was implementing the Strategic Action Plan of ENEA Innowacje sp. z o.o. for 2022-2027 supporting the implementation of the ENEA Group’s Development Strategy,
  • adopted the concept developed with ENEA S.A. to change the processes of investing in innovative early-stage projects,
  • identified and analyzed in depth more than a dozen key innovation initiatives and ideas in the field of production and use of alternative fuels, energy storage, pursuit of the circular economy concept,
  • tracked and analyzed on an ongoing basis the market and technology environment in the context of future investments in innovative companies,
  • signed term sheets with 2 entities offering innovative business and technological solutions,
  • carried out 3 pilots of innovative projects to support the needs of power facilities of ENEA Group companies,
  • commenced activities to use the small modular nuclear reactor technology, among others it signed a letter of intent with the Last Energy start-up,
  • continued and developed cooperation with universities and companies.

Research and development programs

  • INTERNAL INDICATOR BRI

In 2022, the ENEA Group performed, among others, the following research and development programs that were potentially significant for the economy:

Project aimed at developing a system to store energy and stabilize the power grid, making use of hydrogen produced in RES installations. The initiative is run by ENEA Operator, West Pomeranian University of Technology in Szczecin and the University of Szczecin.

Project designed to prepare a comprehensive and cost-efficient approach to facilitate the effective participation of distributed generation based on renewable energy in electricity markets and to enable the provision of balancing and storage services in accordance with market criteria. The initiative is conducted by ENEA Operator, the Institute of Power Engineering in Warsaw and international entities.

This European program is aimed at developing innovative tools for optimizing the design and operation of local energy systems integrating dispersed energy resources and multiple energy carriers. The initiative is conducted by ENEA Operator, the Gdańsk Branch of the Institute of Power Engineering, the city of Bydgoszcz and international entities.

Project completed in 2022; its objective was to build a flexible, innovative virtual reality system for delivering training to technical service employees, which covered interactive virtual training scenarios for selected 110 kV Substations, medium voltage substations and the live-line working training center. The initiative implemented by ENEA Operator in cooperation with the Poznań University of Technology and the Poznań University of Economics and Business.

Project completed in 2022; its objective was to build a power and energy balancing system, which would also monitor the quality of electricity supply within ENEA Operator’s distribution grid. The initiative was implemented by ENEA Operator in cooperation with the AGH University of Science and Technology in Kraków.

Through innovative activities and the execution of research and development projects, ENEA S.A. and ENEA Group member companies cooperate with numerous research institutions. On 7 September 2022, ENEA S.A. signed a Letter of Intent on cooperation with Poznańskie Centrum Superkomputerowo-Sieciowe. In January 2023, a Letter of Intent was also signed on cooperation with the Łukasiewicz Research Network – Institute of Microelectronics and Photonics.

  • University of Zielona Góra,
  • Institute of Power Engineering in Warsaw,
  • Institute of Power Engineering, Gdańsk Division,
  • AGH University of Science and Technology in Krakow,
  • Poznań University of Technology,
  • Łukasiewicz Research Network – Institute of Logistics and Warehousing,
  • Poznań University of Economics and Business,
  • Wrocław University of Science and Technology,
  • West Pomeranian University of Technology in Szczecin,
  • University of Szczecin,
  • Mineral and Energy Economy Research Institute at the Polish Academy of Sciences.
  • Warsaw University of Technology,
  • Polish Power Plants Association,
  • Łukasiewicz Research Network – Institute of Ferrous Metallurgy,
  • Institute of Power Engineering in Warsaw,
  • Stanisław Sakowicz Inland Fisheries Institute.
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Selected examples of significant indirect economic impact of the ENEA Group in 2022

One of the Group’s key development directions will be introducing in its offer multi-energy products, a modern offering for prosumers, including cooperation with local governments, and participation in the creation and management of energy islands. The Group intends to develop its wholesale business and new lines of business while improving the efficiency of its customer service.

The Group aims to capitalize on society’s growing environmental awareness by combining the ideas of a prosumers, an energy cluster and a smart home. A comprehensive offering built on this foundation will enable customers to save electricity and heat, among other things.

The Company operates a customer assistance program for customers with past due and current payments, which is targeted at vulnerable consumers of electricity, vulnerable consumers of gaseous fuels and consumers of electricity in households a member of which needs mechanical ventilation. The company pursues also a program of solutions that are alternative to cutting off supply of electricity with respect to consumers of electricity in a household at risk of cutting off supply of electricity. Read more on these programs in the section entitled Supporting vulnerable consumers of electricity.

The company, as the entity responsible for the distribution of electricity in the area of its activity, is responsible, among other things, for the connection of consumers and producers to high, medium and low voltage power grids. Producers connected to the distribution network include entities that produce energy from renewable sources (such as wind farms, photovoltaic farms, biogas plants, micro-installations). At the same time, the company develops and modernizes the grid so as to increase its capacity to connect RES.

The company cooperates with 928 business partners in terms of supply of materials and spare parts. Its cooperation with local businesses also generates added value for the state budget and the local community, by creating an environment in which its members can find employment.

In order to mitigate the negative economic and social consequences of the situation on the energy market in 2022, the company signed coal sales contracts for the purpose of preferential purchases by natural persons in households, which were carried out by local townships that distributed coal to their residents at preferential prices.

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