WARSAW, Sept 26 (Reuters) – Poland’s biggest power utility PGE (PGE.WA), opens new tab plans to shut the four remaining coal-fired units at its Rybnik power plant by the end of 2025, Polish Press Agency reported on Thursday, citing a company official.
The units, with a combined power capacity of 900 megawatts (MW), have capacity market contracts that run until the end of 2025.
Coal dominates Poland’s electricity generation but state-controlled utilities are grappling with falling profitability of coal-fired generation as they expand their renewable capacity and face banks’ reluctance to finance coal assets. PGE has already phased out four coal fired units at the Rybnik plant and plans to replace them with a 882 MW gas-fired unit that is set to be commissioned by the end of 2026.
PGE was not immediately available for a comment.
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