Poland''s PGE to invest about $4.7 billion in battery storage projects
Polish utility PGE plans to invest about 18 billion zlotys ($4.7 billion) in battery storage projects, CEO Dariusz Marzec said on Monday.
In Poland, interest in energy storage investment has been evident for some time. Last year's main auction of the power market, with capacity delivery for 2029, further bumped up the capacity of storage projects.
The most advanced energy storage project in the PGE Group's portfolio is the Żarnowiec Energy Storage Facility. With a power output of 262 MW and a storage capacity of around 981 MWh, the facility will be by far the largest battery energy storage facility in Poland and one of the largest in Europe.
With a power output of 262 MW and a storage capacity of around 981 MWh, the facility will be by far the largest battery energy storage facility in Poland and one of the largest in Europe. The contractor on the project will be LG Energy Solution Wrocław.
The Energy Regulatory Office said in a report last year on electricity storage in Poland that, as a result of the main power market auctions for 2021-2028 and the supplementary auctions for 2012-2025, contracts for energy storage with a total capacity of 9.5 GW were concluded.
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