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New UserPGE to shut coal units at Rybnik power plant by end of 2025
27 Sep 2024
PGE logo
is seen on Belchatow Power Station, Europe's largest coal-fired power plant
powered by lignite, operated by Polish utility PGE,
WARSAW (Reuters) -Poland's biggest
power utility PGE plans to end production of electricity in the four remaining
coal-fired units at its Rybnik power plant by the end of 2025, Polish Press
Agency reported on Thursday, citing a company official.
The units, with a combined power
capacity of 900 megawatts (MW), have capacity market contracts that run until
the end of 2025.
Coal dominates Poland's electricity
generation but state-controlled utilities are grapplingwith falling
profitability of coal-fired generation as they expand their renewable capacity
and face banks' reluctance to finance coal assets.PGE has already phased out
four coal fired units at the Rybnik plant and plans to replace them with a 882
MW gas-fired unit that is set to be commissioned by the end of 2026.
PGE said in an emailed statement that
it was implementing a decision that had been made in 2020.
It said that it had delayed the
deadline for ending heat production at the coal-fired units until Aug. 31,
2026.
(Reporting by Marek Strzelecki, additional
reporting by Alan CharlishEditing by Mark Potter and David Evans)