Energa Group with extra founds for the energy transformation

Energa Operator, a subsidiary of Energa within the ORLEN Group, has secured additional funding under a low-interest loan from the National Reconstruction Plan for the largest investment program in its history. The funding amount has increased from PLN 7.6 billion to PLN 9.4 billion, now representing nearly 25% of the total PLN 40 billion in capital expenditures planned through 2035.

The aim of the ten-year investment program, which is significantly supported by the amended agreement with Bank Gospodarstwa Krajowego, is to adapt distribution networks to the needs of a modern, distributed energy system.

As part of its investment plan, Energa Operator will build over 11,000 km of new power lines and 7,000 km of cable lines by 2035, and will also modernize nearly 10,000 km of existing lines. This will create conditions for connecting as much as 9 GW of new renewable energy sources (including approximately 200,000 prosumers), along with energy storage facilities.

"Energa Operator's role is no longer limited to building and maintaining infrastructure. Strategic planning of grid development in line with the needs of the energy transition is becoming increasingly important, as is ensuring that this transition is safe, stable, and beneficial to both the economy and the residents of the regions we operate in. Simultaneously, investments in grid digitization and automation, the implementation of intelligent metering systems (AMI), the development of tools for forecasting and demand management, and the development of analytical algorithms will optimize our investment and operational decisions, including cost-effectively." said Robert Świerzynski, CEO of Energa Operator. 

Plans also include connecting approximately 350,000 new electricity customers and 1,600 publicly accessible vehicle charging stations, including along the A1 and S7 routes. The company's investment will also result in approximately 1,000 technologically advanced transformers and voltage control elements. Digitalization of the grid will improve its ability to distribute energy from renewable sources and will also enable, among other things, the expansion of electricity-based heating.

Source: https://www.bgk.pl