Annual Report 2017

Material factors relating to development of the Energa SA Group

The development of the ENERGA Group will be from 2018 under the clear influence of market factors and regulatory.


Energa Group

  • Consequences of the decision to recognize long-term contracts for the purchase of green certificates as invalid
  • Share in the net result of PGG and Polimex-Mostostal and valuation of the options for Polimex-Mostostal shares

Distribution Business Line

  • Change in the structure of distributed energy in relation to the structure set in the tariff
  • Incurring expenditures on the grid in connection with the quality regulation requirements in the Distribution Business Line

Sales Business Line

  • Entry into force of the amendments to the RES act significantly reducing the costs of discharging the function of the Offtaker of Last Resort as of 1 January 2018
  • Increasing competition in the market of electricity sellers

Generation Business Line

  • Electricity prices on the spot and balancing markets
  • Weather and hydrometeorological conditions
  • Must-run production level at Energa Elektrownie Ostrołęka
  • Actual rate received and the operating reserve volume
  • Amendment to the Renewable Energy Sources Act changing the basis of the property tax

See also