Polish utility PGE (PGE.WA) has announced plans to invest approximately 18 billion zlotys ($4.7 billion) in battery storage projects as part of the country’s energy transition. CEO Dariusz Marzec revealed the investment plans on March 24, emphasizing the critical role of energy storage in stabilizing Poland’s electricity grid as the country moves away from coal-based power.
With an increasing share of intermittent renewable energy replacing coal-fired power generation, Poland faces an urgent need to develop battery storage infrastructure to ensure a reliable and stable power supply.
“The total value of investment in large-scale energy storage facilities is about 6 billion zlotys,”
— Dariusz Marzec, CEO of PGE
PGE will allocate 6 billion zlotys towards six large-scale energy storage projects, while an additional 12 billion zlotys will be invested in smaller facilities across the country. In total, the company plans to develop 85 energy storage projects, which will increase Poland’s total storage capacity to over 17,000 megawatt hours (MWh).
According to PGE, this additional storage capacity will be capable of supplying energy to approximately 2.5 million households, reinforcing the company’s commitment to supporting Poland’s energy transformation.
The energy transition is a major focus for Poland, as the country works towards reducing its dependence on coal and expanding renewable energy sources. Large-scale battery storage projects like those planned by PGE are expected to play a crucial role in grid stabilization and enhancing energy security.
At the current exchange rate, $1 is equivalent to 3.8557 zlotys.
PGE Polska Grupa Energetyczna (PGE S.A.) is Poland’s largest power utility and a key player in the country’s energy transition. Headquartered in Warsaw, PGE specializes in electricity generation, distribution, and sales, with a focus on renewable energy development and grid modernization. Historically reliant on coal, PGE is now investing heavily in battery storage, wind, and solar energy to support Poland’s shift toward sustainability. The company operates some of the largest power plants in Europe and is committed to reducing carbon emissions while ensuring energy security. With multi-billion-dollar investments, PGE aims to lead Poland’s clean energy transformation.