Development prospects
PGNiG TERMIKA will proceed with its strategic projects and will actively seek acquisition opportunities in the power and heating area. The company intends to markedly scale up the volume of electricity sales by implementing projects aimed at building new, cost-effective generation capacities and upgrading existing sources using low-carbon technologies..
In 2021, the PGNiG TERMIKA Group will continue work on projects to build a CCGT unit at the Żerań CHP plant, a CCGT unit at the Stalowa Wola CHP plant, a peak-load boiler house at the Żerań CHP plant, and a 75 MWe multi-fuel unit at the Siekierki CHP plant, and will make preparations for the construction of a CCGT unit at the Siekierki CHP plant.
Capital expenditure planned for 2021 in the area of environmental initiatives will include a programme to adapt fluidised boilers at the Żerań CHP plant to the BAT Conclusions, adaptation of the Kawęczyn heat plant to the BAT Conclusions, a programme to adapt Emitter 5 at the Siekierki CHP plant to new dust emission requirements (the programme covers the construction of a bag filter on the K11 boiler and upgrade of absorbers 1) and 2), construction of an SCR unit for the K16 boiler at the Siekierki CHP plant, and upgrade of the Pruszków CHP plant.
In December 2018, the Act on the Promotion of Electricity from High-Efficiency Cogeneration was enacted. The entry into force of the legislation, together with a package of implementing regulations, will make it possible for PGNiG TERMIKA’s planned new gas-fired projects to apply for participation in the new support system, which will replace the existing one, based on certificates of origin and described in the Energy Law. As a result of the implementation of the power market system and the auctions held, additional revenue has been secured and will be generated in 2021-2037.
The company will pursue an investment programme, including upgrades to its existing generation assets, aimed at building new high-efficiency and cost-effective generation capacity using low-carbon technologies adapted to increasingly stringent environmental requirements. Steps will be taken to expand the company’s business and R&D&I projects focusing on the use of hydrogen in the energy sector, the construction of electricity batteries and the increased use of renewable energy sources in power generation.
In the coming years, the company also intends to continue its efforts to acquire businesses operating in the area of heat distribution and heat and electricity generation, and to improve its business efficiency through the use of modern production and assets management methods.
The objectives of PGNiG TERMIKA EP in 2021 include: continuation of the project to secure heat supplies for the town of Rybnik and the project to integrate the heating systems of the Zofiówka CHP plant and the Pniówek CHP plant, as well as efforts to intensify acquisition of new customers for central heating and domestic hot water. The company is taking and will continue to take steps to significantly expand the heat market, including year-round sales of domestic hot water, particularly in the large agglomerations of Jastrzębie-Zdrój and Żory. In the long term, the company recognises the enormous potential of thermal waste conversion and therefore intends to analyse this area of potential activity.
The key challenges to the PGNiG TERMIKA Group’s strategic plans include:
- implementing an investment plan that will ensure compliance of generation assets with current and future environmental requirements;
- increasing heat sales and distribution volumes by acquiring district heating assets and expanding generation business across Poland;
- increasing electricity sales volume by implementing investment projects aimed at building new, cost-effective generation capacities and upgrading the existing sources with the use of low-emission technologies.