PGE to Launch Europe’s Largest Energy Storage Facility in 2026

PGE to Launch Europe’s Largest Energy Storage Facility in 2026

Polska Grupa Energetyczna (PGE), Poland’s largest power utility, announced its plan to launch the largest energy storage facility in Europe by 2026. The facility, which will have a capacity of 900 megawatt-hours (MWh), is set to be located in Żarnowiec, in the northern part of the country.

The Żarnowiec project is expected to play a critical role in enhancing the stability and reliability of Poland’s energy grid, particularly as the country transitions to renewable energy sources. The facility will store excess energy generated from renewable sources, such as wind and solar, and release it during periods of high demand.

PGE's CEO, Wojciech Dąbrowski, highlighted that this initiative aligns with the company's strategy to increase its renewable energy capacity and reduce its carbon footprint. "This investment is a milestone for PGE and for Poland. It will significantly contribute to our energy security and support our commitment to achieving climate neutrality by 2050," Dąbrowski stated.

The project is part of a broader effort by the Polish government to modernize the country's energy infrastructure and reduce dependence on coal. The energy storage facility will be integrated with PGE's existing power plants and renewable energy projects, creating a more resilient and efficient energy system.

PGE has secured funding for the project from both domestic and international sources, including the European Union’s Innovation Fund. The facility is expected to begin construction in 2023, with completion and full operational status targeted for 2026.

Source: Enerad.pl