Annual report 2020

Annual report


Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A. that belong to PGE Energia Ciepła from the Capital Group PGE has been present for over 120 years in the landscape of Wrocław. The Company delivers heat and electricity to the residents but it is also actively involved in actions in favor of the local community.

President’s letter

On behalf of the Management Board of Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A., I hereby present you the Annual Report of the KOGENERACJA S.A. Capital Group, which shows the financial results and material events in 2020.

This past year was an enormous challenge for all of us because of the pandemic, which influenced many aspects of our lives. For KOGENERACJA S.A. the most important thing during this challenging time was to sustain continuous heat supply for our clients and to keep the production of electricity, which was achieved owing to the compliance with rules of the sanitary regime and suitable work organization.

Andrzej Jedut

President of the Management Board of KOGENERACJA S.A.

Building values

  • 319

    mln pln

    EBITDA Capital Group

  • 10 753


    Heat sales capital group

  • 2 465


    Sales of electric Energy Capital Group

  • 163

    mln pln

    Investment outlays

  • 127

    mln PLN


  • 9,3%


    Return of capital employed KOGENERACJA S.A. (ROCE)


In 2020, KOGENERACJA S.A. continued the implementation of the Strategy adopted in 2015, in which the Company's primary goal is to achieve high profitability at the level expected by shareholders.

  • Occupational Health and Safety
  • Care for the natural environment
  • Sustainable Development and social responsibility

Calendar of events

KOGENERACJA S.A. and Fortum signed a connection agreement for the new planned heat and power plant in Siechnice
Completion of the modernization of the system of wet flue gas desulphurization in Elektrociepłownia Wrocław
Funding for developing heat market in the municipality of Siechnice from Operational Program Infrastructure and Environment 2014-2020
Signing acceptance protocol and delivering for exploitation new heat network built by KOGENERACJA S.A. in Zawidawie
Workshops on revitalization of the heat and power plant in Siechnice