Poland’s PGE to spend $4.7 billion on battery storage

Poland

WARSAW, March 24, 2025 – Polish utility PGE has announced plans to allocate around USD 4.7 billion for battery storage projects as part of its energy transition efforts, Reuters cited CEO Dariusz Marzec as saying on Monday.

With intermittent renewable capacity increasingly replacing coal-fired power generation, Poland is facing a strong need to expand battery storage systems to stabilise the grid, the report noted.

“The total value of investment in large-scale energy storage facilities is about 6 billion zlotys [USD 1.55 billion],” CEO Dariusz Marzec said. “This is for six large projects, with plans to invest a further 12 billion zlotys [USD 3 billion] in smaller facilities across the country.”

PGE intends to build 85 battery storage projects that will expand its energy storage capacity to more than 17,000 MWh, a volume sufficient to supply about 2.5 million households, the company said.

PGE is Poland’s largest power producer and supplier, operating a diverse energy portfolio that includes lignite, hard coal, natural gas, wind, solar and hydropower assets. The company is also actively developing offshore wind projects and expanding its renewable energy capacity as part of Poland’s energy transition strategy.

Global demand for battery storage is growing rapidly as countries shift towards renewable energy to reduce carbon emissions. Energy storage systems are essential to balancing intermittent power from wind and solar sources, with global investments expected to exceed USD 50 billion annually by 2030. Regions such as Europe, North America and Asia-Pacific are driving demand as governments implement policies to accelerate the transition to clean energy.