Polish grid operator to get EUR 306 mln from EU funds
The Polish climate ministry has offered the country's grid operator PSE PLN 1.3 billion (EUR 306 mln) in non-refundable aid to modernise its electricity transmission infrastructure.
PSE signed two deals with the Ministry of Climate and Environment on Monday.
The first one, worth PLN 1.26 billion (EUR 297 mln), is designed to improve Poland's 400 kV grid, while the second one, valued at PLN 40 million (EUR 9.42 mln), will help PSE upgrade its 220 kV grid.
The aid will make it possible for PSE to modernise its infrastructure without burdening customers, PSE CEO Grzegorz Onichimowski said.
"The expansion will not impact the energy transmission tariffs," he said.
Onichimowski also said the investments were needed as a result of Poland's large-scale investments in the north of the country, including the planned nuclear power plant, offshore wind energy investments and the growing LNG supply infrastructure.
"The transmission architecture is changing and it is a challenge," he said, pointing to reliability as the other reason for the investments. "We must increase the resilience of our system."
Climate Minister Paulina Hennig-Kloska said "it is yet another step towards a safe transition (towards green energy - PAP) while ensuring the stability of our electric energy system."
Under PSE's investment plan, the company will invest about PLN 64 billion (EUR 15.07 bln) in Poland's electrical grid by 2034. (PAP)
jd/ jch/ mar/
