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Energa SAEnerga power contracts at least 1050.44 MW at 2029 catch-up auction
Poland's largest energy concern Orlen's subsidiary, power utility Energa has contracted at least 1050.44 MW of capacity obligation for its units in the 2029 capacity catch-up auction, the company said in a statement. The group's total revenue in 2029 under the contracts could amount to at least PLN 516.91 million (EUR 121.5 mln).
Poland has completed its capacity catch-up auction for 2029 in the first round, the initial price was at PLN 536.80 per kW/year and the minimum price at PLN 492.09 per kW/year, the auction's schedule shows.
The preliminary results of the auction will be published within three working days of its completion.
The final results of the power auction will be announced by the head of Poland's energy market regulator URE in the Public Information Bulletin (BIP) on its website, on the first working day following the 21st day after the day of completion of the power auction.
gaw/ pel/