PGE Polska Grupa Energetyczna SA - Company Profile

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PGE Polska Grupa Energetyczna SA: Segment Analysis

Business Description

PGE Polska Grupa Energetyczna SA (PGE SA) is a vertically integrated energy utility, which generates, trades, transmits, and distributes electricity and heat. It trades electricity, and fuels and fuel-related products; provides ancillary services; and trading of CO2 emission rights and certificates to its group companies.

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Business Segments

Overview

Provides comprehensive services in the field of management of combustion by-products (UPS). Also offers services in auxiliary areas for electricity and heat producers and the supply of materials based on UPS. In FY2022, the segment's capital expenditure stood at PLN16.0 million, which increased 77.8% YoY.

Performance

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Overview

Explores for and mines lignite and produces electricity and heat from conventional sources. Transmits and distributes heat and provides ancillary services. Sells electricity on the wholesale market. Operates through PGE GiEK SA. In FY2022, the segment's capital expenditure stood at PLN745 million, which decreased 57.6% YoY.

Performance

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Overview

Supplies electricity to final off-takers. Serves individual, small and medium enterprises, and large industrial customers. Operates through PGE Dystrybucja SA. In FY2022, the segment's capital expenditure stood at PLN2,572 million, which increased 90.0% YoY.

Performance

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Overview

Includes the production of heat and electricity from various conventional sources. Also includes the transmission and distribution of heat. In FY2022, the segment's capital expenditure stood at PLN1,140 million, which increased 87.5% YoY.

Performance

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Overview

It includes the provision of services through subsidiaries including services such as telecommunications, IT, transportation, payroll and HR services. It also supports in the raising of capital in the form of Eurobonds.

Performance

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Overview

Generates electricity from renewable sources and pumped-storage power plants. Operates through PGE Energia Odnawialna SA. In FY2022, the segment's capital expenditure stood at PLN458 million, which increased 142.3% YoY.

Performance

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Overview

Sells electricity to final off-takers, trades electricity, and fuels and fuel-related products on domestic and international wholesale markets. Manages generation capacities and produces electricity, and trades CO2 emission rights and certificates to its group companies. Operates through PGE Obrot SA, PGE Dom Maklerski SA, PGE Paliwa sp zoo and Enesta sp zoo. In FY2022, the segment's capital expenditure stood at PLN14.0 million, which increased 75.0% YoY.

Performance

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Geographical Segments

Performance

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Performance

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