PGE Baltica has completed its two-year wind measurement campaign in the Baltic Sea using a floating LiDAR device. The research allowed the collection of high quality data confirming the appropriate wind conditions for the investment. This is another step towards launching offshore wind farms under the Offshore Program at the PGE Capital Group. Wind measurements at farm locations are necessary to estimate their productivity.
The PGE Capital Group has published preliminary data for 2019. Lower operating results in the coal-fired power generation segment and simultaneous increases in the RES segment's results confirm that the Group's transition towards low-carbon power generation was the right decision.
On 30 January 2020, the Dolna Odra Power Plant, operated by PGE Górnictwo i Energetyka Konwencjonalna belonging to the PGE Capital Group, was the venue of signing a contract for the construction of two new gas-fired power units with a combined capacity of about 1400 MW.
The PGE Group has taken another step on the way to implementing its ambitious programme of building wind farms in the Baltic Sea, which is an element of the company's transformation towards the low-carbon economy. On 24 January 2020 the Regional Director for Environmental Protection (RDOŚ) in Gdańsk issued an environmental consent for two offshore wind farm projects belonging to PGE, namely Baltica 2 and Baltica 3, with a total capacity of up to 2.5 GW. The decision gives PGE green light to start work on the basic design for both farms.
PGE Polska Grupa Energetyczna has entered into a credit agreement with the European Investment Bank (EIB) for up to PLN 272.5m (approx. EUR 64m), with the purpose of financing the construction of new onshore wind farms on the Baltic coast in Poland. The three wind farms called Starza, Rybice and Karnice II (combined into the Klaster project ) will have a combined installed capacity of up to 97 MW.