PGE has a PLN 148 million grant from the National Environmental Protection and Water Management Fund to expand power grids in Stalowa Wola

PGE Dystrybucja of the PGE Group has signed an agreement with the National Fund for Environmental Protection and Water Management (NFOŚiGW) for a subsidy for PGE’s investment “Energizing the Euro-Park Stalowa Wola site for electromobility development,” the company said. As part of the agreement, NFOŚiGW has granted a grant of PLN 148 million for this investment, which will cover 60% of the PLN 247 million eligible costs, PGE said. The funds come from the Modernization Fund, from the Program “Development of electric power infrastructure for the development of electric vehicle charging stations.”

“The investment in the expansion of the power grid will ensure a stable supply of energy for the needs of Stalowa Wola and the enterprises concentrated in the Euro-Park Stalowa Wola Strategic Investment Park. It is an impulse for the development of the city, the zone and an opportunity to create new jobs. The ongoing investment will increase the possibility of connecting new RES generation sources increasing diversification of energy sources resulting in increased energy security and reduced environmental impact.” – PGE President Wojciech Dąbrowski said, quoted in the announcement.

As part of the investment, PGE will build 13.9 km of new 110kV power distribution cable lines, modernize the existing transformer-distribution substation and build 3 new substations. The implementation of the investment will increase the capacity of the power grid and the stability of its operation, as well as reduce the exposure to potential failures. The implementation of the investment will also slowly connect new energy generation capacity from renewable energy sources. The PGE Dystrybucja project involves preparing the grid infrastructure for the implementation of investments supporting electromobility in Stalowa Wola. It is planned to build a network of electric vehicle charging stations and the world’s largest all-environmental copper foil factory for electric car batteries, which will be located in the Euro-Park Stalowa Wola Strategic Investment Park, it was also stated.

The investment is scheduled to be completed by the end of May 2026.

The PGE Group generates 41% of Poland’s net electricity production, and its share of the heat market is 18%. The Group estimates its share in the renewable energy market at 10%. In a distribution area of about 123,000 square kilometers, PGE serves 5.5 million customers. Its market share in terms of volume of electricity distributed is 25% and sales to end users is 33%. The company has been listed on the Warsaw Stock Exchange since 2009.

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