PGE Polska Grupa Energetyczna is the largest company in the energy and power sector in Poland and one of the largest in Central and Eastern Europe. Thanks to a combination of own fuel resources (lignite), power generation and final distribution networks, PGE is able to guarantee safe and stable electricity supply to nearly five million households, companies and institutions.
PGE as it is today exists since 2007 and is a vertically integrated Group acting practically through the whole value chain in the energy sector (with the exception of energy transmission which is handled by the company PSE Operator). The main areas of PGE activity comprise five business lines i.e. Mining and Generation, Renewable Energy, Wholesale Trade, Distribution and Retail Sales. The PGE Group also includes two large lignite mines (therein KWB Bełchatów, which is the largest open-cast lignite mine in Poland and one of the largest in Europe), more than 40 power plants and combined heat and power plants (including power plants that produce energy from renewable sources, wind power and hydropower plants), eight distribution system operators, eight Retail Sales Companies – companies that trade electricity on the retail market, a wholesale trading company (PGE Electra) as well as companies active in other branches (e.g. the telecommunications industry).
PGE is a strategic company from the point of view of the country’s energy safety. PGE will participate in the construction of two nuclear power plants of an estimated capacity of three thousand MW each. It is expected that the first one will be commissioned in 2020 while the second one will follow suit 2-3 years later.
The PGE Group also performs investments for the modernization and construction of new production capacity based on conventional fuel. Investments in renewable energy are also planned.
PGE counts nearly 46.6 thousand employees. The annual electricity production in 2008 amounted to approximately 56 TWh in net figures whereas the installed capacity totals 12,4 GW.
100% shares in the company is owned by the State Treasury.