PGE to quit building co-generation blocks in absence of state aid
October 7, 2013
Power group PGE will step away from plans to build new co-generation blocks in the east-central Pomorzany, Bydgoszcz and Puławy if the state does not provide subsidies for cogeneration, PGE GiEK deputy CEO Waldemar Szulc told reporters.
"We are in the process of conducting a tender to select contractors for the combined-cycle blocks at Pomorzany, Bydgoszcz and, as co-investor, at Pulawy plants," Szulc said. "With lack of support for co-generation, these investments will not be realized."
Meanwhile, PGE is in talks with natural gas provider PGNiG on gas supplies for the blocks, Szulc added.