Fortum enters the Polish electricity market
Fortum has established trading operations in Warsaw, Poland. The company's first
trade on the Polish electricity marketplace poee was done on Wednesday 9
December. By entering the Polish electricity market Fortum prepares for the
commission of its new combined heat and power (CHP) plant in Częstochowa,
Poland, in 2010. Once completed, the biomass and coal-fired plant will have a
capacity of 65 megawatt (MW) of electricity and 120 MW of heat. All electricity
produced at Częstochowa-CHP will be sold to the market.
"The developing Polish electricity market is very interesting to Fortum and the
commission of our new CHP-plant in Częstochowa provides a natural stepping stone
to the market. We believe Fortum can leverage the competence it has developed in
the Nordic power market also in new market places," says Pirja Heiskanen, Vice
President, Trading and Industrial Intelligence at Fortum.
Fortum entered the Polish district heating market in 2003 and has developed its
heat business in the country by acquiring several heating companies in the past
few years. Currently, Fortum owns some 50 heat plants in the country and
has district heating networks in over 40 cities and towns. The largest networks
are located in Wroclaw, Częstochowa and Plock. In 2008, Fortum's heat sales in
Poland were 3.6 TWh.
Izabela Van den Bossche, Head of Communication, Fortum Power and Heat Polska sp.
z o.o., tel. +48 22 463 4050
FortumFortum Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2018, our sales were EUR 5.2 billion and 57% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com