Currently, more than 80% of PGE’s electricity generation is based on coal. This has made it difficult for the company to attract financing as many banks have vowed not to support coal.
Poland's largest utility announces pivot from coal to renewables via
“It means that this coal phase-out and shutting down coal power plants and lignite mines will be on Polish taxpayers,” said Robert Tomaszewski, energy analyst at Polityka Insight. “We’re going to pay for it.”
#Poland's largest utility announces pivot from coal to #renewables via
#Poland's largest utility announces pivot from coal to 100% renewables via #WWS #WindWaterSolar
Currently, more than 80% of PGE’s electricity generation is based on coal. This has made it difficult for the company to attract financing as many banks have vowed not to support coal.
Poland’s largest utility has said it wants to get rid of its coal assets and invest in renewables, becoming carbon neutral by 2050.
NEW | Poland’s largest utility announces pivot from coal to renewables By