Exciting Developments in the Polish Energy Market
AB “Ignitis grup?” is pleased to announce that its subsidiary, AB “Ignitis gamyba,” has successfully secured a commitment to provide at least 148 MW of energy capacity in the Polish market for 2030. This achievement aligns with the preliminary results of a quarterly auction conducted by the Polish transmission system operator, Polskie Sieci Elektroenergetyczne (PSE), with a projected value of approximately EUR 14.7 million.
Understanding the Auction Results
The results of this auction are currently tentative and pending official approval from the Polish energy regulator, Urz?d Regulacji Energetyki. A formal decision regarding these results is expected in April 2026. Following this approval, Ignitis Gamyba will enter into a tripartite agreement with PSE and the billing operator, Zarz?dca Rozlicze? S.A. This agreement signifies a commitment to supply electricity to the grid during critical stress events using specific facilities.
Significance of the Auction
This marks a historic moment as it is the third instance where a Lithuanian company's bid has won a Polish capacity mechanism auction. The successful bid highlights Ignitis Gamyba's growing influence and capability within the regional energy landscape.
Moreover, the agreement will not impede the Company's operational activities. The service will be deemed fulfilled when the Company’s facility generates electricity during stress periods or has already issued a sale order in the electricity market, exemplifying the common practice in the sector.
Financial Implications Moving Forward
If the preliminary auction results receive the green light from the Polish energy regulator, Ignitis Gamyba has indicated that it will refrain from issuing a separate notification concerning this approval. Furthermore, it is important to note that the results of this auction do not alter the Group’s Adjusted EBITDA and Investments guidance for the upcoming year of 2025.
Looking Ahead
The commitment secured through this auction affirms Ignitis Gamyba's strategic position and readiness to meet future energy demands. As the energy landscape continues to evolve, the Group is poised to contribute significantly to energy stability and innovation in Poland. This initiative not only reflects the Company’s dedication to sustainable energy production but also reinforces its role as a key player in the energy market.
Contact for Further Information
For more insights and detailed inquiries, please reach out to:
Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt
Frequently Asked Questions
What is the primary outcome of the Polish auction for 2030?
Ignitis Gamyba secured a commitment to provide at least 148 MW of energy capacity for 2030 through the auction.
When will the auction results be officially approved?
The official decision from the Polish energy regulator is expected in April 2026.
How does this auction affect Ignitis Gamyba's operations?
The agreement allows Ignitis Gamyba to maintain its operational flexibility while fulfilling service commitments during stress events.
Why is this auction significant for Lithuanian companies?
This marks the third time a Lithuanian company has won a capacity auction in Poland, indicating growing regional influence.
What are the financial implications of the auction for Ignitis Group?
The results of the auction will not change the Group’s Adjusted EBITDA and Investments guidance for 2025 according to the provided information.
