About ENEA Group

ENEA Group is a vice-leader of the Polish power market as regards electricity. It manages the complete value chain on the electricity market: from fuel, through electricity generation, distribution, sales and Customer service.
Two important system power plants belong to ENEA Group: Kozienice Power Plant and Połaniec Power Plant. The Group includes also Lubelski Węgiel Bogdanka - the mine is the major supplier of the commodity to power plants belonging to the Group. ENEA Group’s operations include also heat energy engineering in plants in Białystok, Oborniki and Piła.

enea-mapa 2022Business areas 


  • Bituminous coal production
  • Bituminous coal sale
  • Securing the resource base for the Group


  • Electricity generation based on bituminous coal, biomass, gas, wind, water and biogas
  • Heat generation
  • Heat supply and distribution
  • Electricity trading

Retail trading

  • Trading in electricity and fuel gas on the retail market
  • Product and service offer adjusted to Customers’ needs
  • Comprehensive Customer Service

Wholesale trading

  • Optimisation of the wholesale contracts portfolio for electricity and gaseous fuel
  • Operations on product markets
  • Ensuring access to wholesale markets


  • Supply of electricity
  • Planning and ensuring distribution network development
  • Operation, maintenance and repairs of the distribution network
  • Measurement data management

ENEA Group in numbers


24.1% share in fuel coal market in Poland

427 m tons of extraction potential from 4 licenced areas

8.4 m tons of net coal production in 2022


6.3 GW of total installed electricity capacity

449 MW of installed RES capacity

26,2 TWh of total net generation of electricity in 2022


2.7 m Users of distribution services

123.1 km of distribution lines including connections

20% of Poland’s area covered by distribution network of ENEA Operator


2.7 m Customers

23.7 TWh annual sale of electricity and gaseous fuel to retail Customers in 2022

33 Customer Service Offices

ENEA Group Structure

EneaSA-2023-struktura-EN (1)

1) Ruling on discontinuation of the bankruptcy proceedings/the company does not conduct business activity.
2) on 16 January 2023, the court of registration registered a share capital increase. Currently ENEA S.A holds a 2.30% stake in the share capital.
3) on 28 February 2023, ENEA Innowacje sold 1 share in ENEBIOGAZ 1 sp. z o.o. with the par value of PLN 50.00, for the price of PLN 50.00, and 1 share in ENEBIOGAZ 2 sp. z o.o.
with the par value of PLN 50.00 for the price of PLN 50.00, to ENEA Nowa Energia.
4) on 16 January 2023, ENEA Połaniec Serwis merged with ENEA Elektrownia Połaniec S.A

Industry profile

The main legal act regulating the Polish energy market is the Energy Law Act, supplemented by the associated regulations/ implementing acts, which are introduced most often by the Minister of Economy or Environment. Adoption of the Energy Law of April 1997 is regarded as the key moment in the process of establishing the domestic market. The Energy Regulatory Office (ERO) was also established at that time. The Office is still responsible for setting the prices of transmission of electricity as well as of the property rights from the certificates of origin of electricity and carbon dioxide emission allowances. After Poland joined the European Union, national law had to be harmonized with the EU laws. From then on, European legislation became the basis for developing national regulations governing the energy market. The key European document was the Directive concerning common rules for the internal market in electricity. The Polish market was also significantly affected by the laws, which liberalized the market in 2007, allowing individual consumers to purchase electricity from any operator.

Nowadays, electricity is a commodity traded on an open, competitive market. Electricity is similar to other goods, in that it is generated by producers, subsequently taken over by market intermediaries, to finally reach individual customers, businesses and institutions. Just as all other produced goods, electricity must be transported to the final consumer, which is effected via the transmission and distribution grid.

firmy energetyczne

The energy market in Poland is divided among several energy groups, with the major ones, apart from ENEA, being: PGE, TAURON, Energa (Orlen Group), ZE PAK and E.ON (former Innogy, operating in Warsaw only). Pursuant to the Energy Law, special permits (concessions) issued by the ERO President are required to carry out an activity in the electricity transmission and distribution market. Leading electricity distributors in Poland include: ENEA Operator, PGE Dystrybucja, TAURON Dystrybucja and Energa Operator. 

The continual strive for building an open and competitive market is based on the assumption that both generation and sales of electricity are not subject to a natural monopoly. Moreover, market mechanisms, understood as competition between energy groups, guarantee high quality of the provided services, reliability of the Polish power system, as well as low electricity prices. Access to inexpensive electricity is necessary for the economy, in particular for local industrial products to be able to compete in international markets and thereby build Poland’s competitive advantage.

In February 2021, the Council of Ministers approved “Poland’s Energy Policy until 2040” (PEP2040), a new strategic document setting the development directions for this sector. According to that document, in 2040 more than half of the installed capacity will be in zero-emission sources. A special role in this process will be played by adding offshore wind power generation to the Polish power system and the commissioning of a nuclear power plant. These will be the two new strategic areas and branches of industry to be created in Poland. PEP2040 is one of nine integrated sectoral strategies built on the Strategy for Responsible Development. PEP2040 is consistent with the National Plan for Energy and Climate for 2021–2030. PEP2040 contains a description of the condition and considerations of the energy sector. The document identifies three pillars of PEP2040, eight detailed objectives of PEP2040 and the actions necessary to accomplish them, as well as strategic projects. It lays out the geographic coverage and presents the sources of financing for PEP2040.

Key elements of PEP2040:

  • Energy transition, including energy self-sufficiency.
  • Increase in the share of RES in all sectors and technologies. In 2030, RES should cover at least 23% of final gross energy consumption, with the RES share being at least 32% in power generation (mainly wind and PV power), 28% in district heating (increasing by 1 p.p. y/y), 14% in transport (with a big contribution of electromobility).
  • Offshore wind power generation – installed capacity will reach from approx. 5.9 GW in 2030 to approx. 11 GW in 2040.
  • Installed photovoltaic capacity will increase considerably: approx. 5-7 GW in 2030 and approx. 10-16 GW in 2040.
  • In 2030, the share of coal in electricity generation will not exceed 56%, and given the increased prices of CO₂ emission allowances it may drop even lower to 37.5%.

Moreover, Poland’s energy transition program was adopted in April 2021.

Climate-related risks and opportunities

The methodology of identification and assessment of enterprise risks in the ENEA Group is not focused directly on assessing the company’s climate impact or the impact of climate on the company’s business. Climate-related risks are selected from the pool of enterprise risks that are identified, prioritized and periodically assessed by their owners within the framework of the enterprise risk management process, in compliance with the assumptions of the ENEA Group Enterprise Risk Management Policy and the ENEA Group Enterprise Risk Management Methodology. These risks, like other types of enterprise risks, are subject to ongoing and cyclical monitoring and reporting for the benefit of both the parent company and the ENEA Group as a whole. Mitigating measures are taken for all risk categories.
As at the publication date of this Statement, the ENEA Group has not defined any goals for the purpose of managing climate-related risks and opportunities. Such opportunities and risks will be comprehensively identified and a management plan will be prepared in the course of the current works on the Group’s climate policy.
Under the non-financial reporting process for 2022, the Group updated the initial list of risks and opportunities arising from climate change that might bring about major changes in its operations, revenues or costs, prepared for the purposes of the reporting of 2021. The reviews covered the short term (until the end of 2024), the medium term (until the end of 2027) and the long term (until the end of 2036).
For the purpose of this Statement, climate-related risks were assigned to the categories applied in the
ESG Reporting Guidelines, a guide published by the Warsaw Stock Exchange, which have identified the following types of risk:
Transition risk: Resulting from the transition towards a low-carbon economy, including: legal and regulatory risk (resulting from current or upcoming regulations), technological risk (the need to invest in innovative technologies), market risk (resulting from changing consumer behaviors, increasing prices of raw materials, etc.), reputational risk.
Physical risk: Resulting from the changing climate, including acute risk (from extreme weather phenomena such as droughts, floods and fires) and chronic risk (from long-term processes such as changes in temperature and rising ocean levels).
It should be pointed out that the risk management model described in the Statement identifies risk categories other than those specified in the said guidelines.

As at the publication of the Statement for 2022, works were in progress on the ENEA Group Climate Policy, for the purpose of which a comprehensive analysis of risks and opportunities arising from climate change will be performed. The works are expected to be finished in 2023.

You can find detailed information here.


Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.