Energy, Energy Market, EU – Baltic States, Good for Business, Lithuania
International Internet Magazine. Baltic States news & analytics
Friday, 29.03.2024, 09:47
Ignitis expands its operations in Poland
“We have been
operating in the Polish market for several years, we’ve accumulated
considerable experience, therefore we are aware of the needs and expectations
of local customers. As a result, entering the segment of energy supply to
business customers is natural for the further development of the company.
As a part of the
international energy company Ignitis Group, which has extensive
experience in European energy markets, we can offer our customers in Poland
optimal solutions, the opportunity to actively manage their portfolio and
diversify the risks associated with energy or gas purchases. In addition, we
place great emphasis on sustainable and environmentally friendly solutions that
enable our customers to use clean energy and contribute to the reduction of environmental
pollution,“ says Diana Kazakevič, Regional Manager of Ignitis Group for
Poland.
Ignitis Polska's position in the Polish electricity and
natural gas supply market will also be strengthened by Robert Matuszewski who joined the company's team and is well
known in the country's energy market. He has previously worked in international
energy groups.
Ignitis Group is also actively investing in renewable
energy projects in the Polish market. Currently, the wind farm project, consisting
of 29 turbines, with a total installed capacity of 94 MW is being developed in
the Pomeranian Voivodship. The wind farm will start operating in 2021 with investment reaching EUR 127 million. This
project won a guaranteed tariff in Poland‘s auction for renewable energy
projects. Pomerania wind farm is currently the second largest wind farm under
construction in Poland and is planned to generate enough energy to supply
electricity to almost 160,000 households throughout the year.
Last year, Ignitis
Group received the Polish Business Award in the "The Largest Lithuanian
Investment in Poland 2019" category for the development of the Pomerania
wind farm.
In 2019 Ignitis
Polska entered the wholesale electricity market of Poland and joined Nasdaq
Commodities OMX exchange in Scandinavia, thus expanding the wholesale electricity
trading portfolio in the region. Nasdaq Commodities OMX exchange trades in
financial instruments linked with electricity prices in Scandinavia, Germany,
Netherlands, the UK and the Baltic States. This exchange also trades
electricity certificates and derivative instruments of coal, natural gas, fuel
oil and marine resources.
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