Poland’s state-controlled utility group PGE (Polska Grupa Energetyczna), which is heavily dependent on coal-fired power generation, announced a strategy to decarbonise its power source portfolio by 2050, but without the use of nuclear energy.

Plans show that PGE will aim to have about 85% of zero- and low-emission sources in its generation mix by 2030, but only after a restructuring which is expected to separate all coal-fired assets from the company.

PGE, which generates over 80% of its electricity from coal and lignite fuels today, said its target will be to have 50% of renewable energy in its new generation portfolio by 2030.

PGE president Wojciech Dąbrowski said the company wanted to achieve climate neutrality by 2050, but warned it will require effort from the Polish economy. “The total cost of achieving climate neutrality will cost a huge sum of money,” he said. “Our transformation will be financed by our income and external funds.”