PGE Capital Group

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The PGE Capital Group (PGE Group) is the largest vertically integrated producer as well as the leading supplier of electricity and heat in Poland. Thanks to the combination of its own fuel resources and power generation and distribution networks, PGE guarantees safe and reliable power supply to over 5 million households, businesses and institutions.

The holding company of the PGE Group is PGE Polska Grupa Energetyczna S.A. (PGE S.A.) listed on the Warsaw Stock Exchange.

In 2018 the operations of the PGE Group were organized into five segments:

  • Conventional Generation i.e. extraction of lignite, production of electricity and heat from conventional sources as well as transmission and distribution of heat. The Conventional Generation segment includes the activities of PGE Energia Ciepła S.A. which also sells electricity, however, the volume of electric energy sold to end users during the period covered by consolidation accounts for less than 1% of the volume of sales to end users reported under the Supply segment.
  • Renewable Energy i.e. electricity generation from renewable sources and in pumped-storage power plants,
  • Supply i.e. trading of electricity across the country, wholesale trading of electricity on the domestic and international markets, provision of services to companies from the PGE Group related to commercial management of generation capacities of the Group and electricity produced, as well as trading of CO2 emission allowances, energy certificates and fuels,
  • Distribution i.e. supply of electricity to end-users via the HV, MV and LV energy transmission infrastructure,
  • Other Operations i.e. services provided by the subsidiaries to PGE Group, which include acquisition of funding and provision of IT, telecommunications, payroll and HR services. This segment also includes the activities of the subsidiaries established in order to prepare and implement the project of building a nuclear power plant, invest in start-ups or develop the electromobility system.

In 2019, a new business segment has been separated: District Heating, which is the sixth business line in the organizational structure of PGE Capital Group.