Polenergia SA - Company Profile

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Polenergia SA: Segment Analysis

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Business Description

Polenergia SA (Polenergia), formerly Polish Energy Partners SA, develops, implements, and operates projects related to the production of electricity and fuels. Its business portfolio includes the generation of energy from both conventional and renewable sources, distribution, trading, and sale of electricity.

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R&D Overview

Polenergia is undertaking an R&D initiative called H2 HUB Nowa Sarzyna: Green Hydrogen Storage, which focuses on using green hydrogen produced by electrolysis of water powered by renewable energy to produce renewable aviation fuel. This project aims to reduce greenhouse gas emissions in the aviation industry without the need for new infrastructure, fuel bases, or aircraft designs. The project is being implemented in three stages, with evaluations after each stage to decide on proceeding further. The National Centre for Research and Development is subsidizing the project with a grant of up to PLN 95 million. The R&D unit of Polenergia is part of a consortium that includes Elektrocieplownia Nowa Sarzyna and Wroclaw University of Technology.

Business Segments

Overview

Provides electrical energy and gas distribution and sale services to commercial, industrial, and household customers. Also carries out the development of e-mobility.

Performance

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Overview

Carries out development, construction and maintenance of facilities generating electrical energy in gas cogeneration and development work in the manufacture of hydrogen and generation of energy from hydrogen based on the renewable sources originating energy.

Performance

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Overview

Carries out the development, construction, and maintenance of facilities generating electrical energy from onshore wind.

Performance

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Overview

Includes the activities of the Polenergia Fotowoltaika Group, which consist of the sale and installation of photovoltaic panels and heat pumps as well as energy storage facilities and private chargers for electric cars.

Performance

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Overview

Operates commercial business in terms of trading in electricity and certificates of origin, as well as in other energy market instruments, as well as the sale of electricity to industrial customers and provision of market access services to energy producers using renewable energy sources.

Performance

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