PGE Polska

The major electricity producer in Poland is PGE Polska, a state-owned enterprise founded in 1990. PGE has a WIG30 index and is traded on the Warsaw Stock Exchange. The company engages in market trading of energy and other related items in addition to its primary business activities in power generation and distribution.

More than 5 million homes, businesses, and institutions receive a secure and dependable supply of power from PGE thanks to a mix of its own fuel sources, generation, and distribution networks. More than 40 power plants, including the Bechatów Power Plant, are owned by the PGE Group, which also owns two sizable lignite mines. Lump coal and lignite are the principal fuels used in power plants. There are eight distribution system operators, eight electrical retailers, one electricity wholesaler, and companies working in other industries (such as telecommunications) in this group.

The new strategy for the PGE Group outlines a plan to change the organization toward climate neutrality by 2050. By upgrading outdated technology, increasing the RES portfolio, letting PGE consumers take part in the transformation, and engaging in circular economy initiatives, generational carbon emissions will be decreased. Three pillars serve as the foundation of PGE's new strategy: modern energy services, environmentally sustainable energy, and efficient and effective management.

The values that underpin the Code of Ethics are Cooperation, Development, and Responsibility, and these principles guide all of PGE's operations. PGE places a strong emphasis on both maximizing commercial prospects and staff skill development. Building open, respectful, and cooperative business connections and working together is the group's top focus.

Founded: 1990

Headquarters: Warszawa, Poland

Website: https://www.gkpge.pl/