In order to meet our investment goals, we undertook a number of initiatives aimed at guaranteeing the financial resources. We were the first in Poland to issue sustainable development bonds, as part of which five-year bonds worth PLN 1 billion were issued, with the proceeds to be spent on the Group’s energy transition.
The Supply Segment comprises the supply of electricity, natural gas and other related products to the final consumers. TAURON Group is the second largest electricity supplier in Poland. The supply operations are conducted nationwide and on the Czech and Slovak markets. The Supply Segment also includes services related to street lighting, as well as energy efficiency and smart technologies services.
The Trading Segment comprises electricity wholesale trading, as well as trading and management of the CO2 emission allowances and property rights arising from the certificates of origin of electricity, as well as fuels. also includes the procurement of biomass, as well as the utilization of the mining and burning by-products.
The Distribution Segment comprises electricity distribution using the distribution grid located in the south of Poland. TAURON Capital Group distributes electricity is the largest electricity distributor in the country. It distributes electricity to more than 5.7 million customers in the area covering 18.5% of Poland’s territory.
The RES Segment comprises electricity generation using renewable energy sources, except for biomass burning, which, according to the Business Model, is carried out within the Generation and Heat Segments. TAURON Capital Group is a material producer of green Energy in Poland. It is managing hydroelectric power plants with the total capacity of 133 MW, located primarily in the south of Poland, and wind-based power plants with the total capacity of 381 MW, located primarily in the north of Poland.
The Heat segment comprises heat generation, transmission and distribution as well as supply, using co -generation sources. Heat generation is carried out by 4 combined heat and power plants, with the total capacity of approx. 0.35 GWe and 1,2 GWt.
The Generation Segment comprises electricity generation using conventional sources and renewable energy sources, including the biomass burning process. TAURON Group is one of the largest electricity producers in Poland. Electricity generation by the conventional units is carried out by power plants with the total capacity of approx. 5.2 GWe and 1.3 GWt and by biomass-fired generating units with the total capacity of 105 MWe.
The Mining Segment comprises mainly hard coal mining, processing and sales to the utility scale power plants, heating industry and individual customers. TAURON Capital Group is managing 29% of Poland’s thermal coal resources. Apart from hard coal mining, other mining operations are also conducted, involving open pit extraction of limestone, as well as its processing and sales.
The TAURON Group is implementing the Green Turn strategy. According to its assumptions, by 2030 the company is to generate 66% of its energy from low- and zero-emission sources while cutting CO2 emissions by half. TAURON’s future involves huge investments in wind, solar and, in the interim period, gas power generation as well as investments in distribution networks. Using EU and national funds, we have to create a situation in which Polish companies will gain from the energy transformation.
Financial capital
Our goal is to build lasting relationships with our Employees based on diversity, a sense of security and responsibility for each other, good teamwork, as well as opportunities for development and combining social and professional roles.
We believe that the growth of a company’s value should be consistent with the interests of the environment in which it operates. Therefore, we attach great importance to good relations with the local communities and to the development of dialogue-based social and business partnership initiatives.
We take into account environmental needs and act in a way that contributes to the broader goal of sustainable development. TAURON’s Green Turn, i.e., investments in RES and transformation of the energy mix, are among our strategic objectives