We focused on several key areas that will shape the future of Poland’s energy sector in the context of energy security and achieving climate neutrality. Above all, recognising the need to decarbonise the Polish energy sector, we invested substantial financial resources in technologies that reduce our carbon footprint. The first effects of this approach are already visible — in 2024 we launched two combined-cycle gas turbine (CCGT) units at the Gryfino power plant, capable of supplying electricity to 5% of households in Poland. We also began construction of the country’s largest CCGT unit in Rybnik, scheduled to commence operations at the turn of 2026 and 2027. These investments enable the Group to effectively respond to rising electricity demand, while significantly diversifying the energy mix with sources not based on coal.

The year 2024 also saw intensified efforts to develop wind energy, culminating at the beginning of 2025 in a final investment decision and the securing of financing for the Baltica 2 project — the largest offshore wind farm located in the Polish part of the Baltic Sea. This project represents a major milestone in increasing the share of renewable energy in Poland’s energy mix. At the same time, successful capacity market auctions for energy storage facilities in Żarnowiec — where the tender for construction has already been awarded—and in Gryfino will enable efficient management of electricity surpluses, significantly improving the country’s energy security.

Dariusz Marzec
CEO GK PGE

As in previous years, in 2024 we also invested in the modernisation and expansion of the power infrastructure, knowing that a modern distribution network—serving nearly 6 million of our customers and key rail infrastructure—is vital to securing electricity supply. We will continue these activities in 2025, especially as the current geopolitical situation highlights the growing importance of energy security and supply stability.

Within our distribution investments, we focused on enhancing service reliability by developing infrastructure and implementing digital solutions, including the replacement of electricity meters and the development of smart grid metering systems. We are also continuing preparations for the deployment of a dedicated LTE450 communications network.

Recognising the key environmental and social role we play, we have for the first time expanded our Management Board Activities Report to include a Sustainability Statement, in line with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). With the help of a double materiality assessment conducted in cooperation with our key stakeholders, we identified the impact of our operations on the environment and the associated ESG risks. The results of this analysis provide a foundation for our continued improvement in the area of sustainable development.

In light of the challenges facing the energy sector, in 2025 the PGE Group will intensify its efforts to diversify energy generation sources and enhance the resilience of the national critical infrastructure. Our goal is to reduce energy prices for end users in the future through investments in modern generation capacities, energy storage and smart grids.

I am confident that our joint efforts to build a modern and secure energy sector will further strengthen PGE Group’s position as a leader of the energy transition—and as a trusted partner.

Dariusz Marzec
CEO GK PGE