Poland's largest utility announces pivot from coal to renewables
PGE has announced a strategy to go 100% renewable by 2050, but it depends on passing responsibility for coal mines to another Polish state-owned entity
Climate Home
81d ago
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.
4
Poland's largest utility announces pivot from coal to renewables sumo.ly/14uTs via @ClimateHome
“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 sumo.ly/14uTs via @ClimateHome pic.twitter.com/xnRgmR3F4u
#Poland's largest utility announces pivot from coal to 100% renewables
sumo.ly/14uTs via @ClimateHome #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 @joeloyo
