Climate Neutrality 2050
The roadmap (presented in Table below) of TAURON Group’s decarbonization and the approach to the ESG management with respect to climate neutrality and the 2060 net-zero target:
”Road map” and intermediate targets (2025) in the pursuit to achieve climate neutrality by TAURON Group by 2050
| Activity | 2021-2025 Intermediate Target | 2022 Results | Status | ESG topics | Sustainable Development Goals(SDG |
| Direct GHG emissions unit (specific) reduction Scope 1 |
-76.5% in 2025 as compared to the base year 2018 (Target 200 kgCO2/MWh) (1) |
-9.5% as compared to the base year 2018 (2022 result 770 kgCO2/MWh) (1) |
ACTIVE | E G |
 
|
| Renewable generation sources’ capacity expansion plan | +1.0 GW of new RES capacity (2) |
+0.044 GW of new RES capacity (2) +0.3 GW (under construction and at the development stage) |
ACTIVE | E G (I) |
|
| Low-emission and zero- emission generation sources’ heat (thermal) capacity expansion / change plan | +0.261 GW of low-emission and zero-emission heat (thermal) capacity (3) |
0 GW of new low-emission and zero-emission heat (thermal) capacity (3)
+0.216 GW (under construction) |
ACTIVE | E G (I) |
|
| Adaptation of the conventional assets to comply with the environmental requirements (BAT conclusions) |
Program completed with the amount of PLN 311.2 million* of capital expenditures on environment protection – BAT Program (adaptation of the assets to the requirements of the BAT conclusions and to the capacity market)
|
-* | COMPLETED | E (I) | |
| Sustainable development:
EBITDA** from sustainable operations of the RES segment / Group’s EBITDA
|
|
11,9%** – share of EBITDA from sustainable operations of the RES operating segment |
ACTIVE (2022 achievement) PLANNED |
E G |
 |
| Sustainable financing – better use |
– | PLANNED (2025 target definition) |
G |
|
** Share of EBITDA from sustainable operations in the Group’s EBITDA in 2022 is presented in relation to the RES operating segment, which generates more than 80% of the EBITDA from the sustainable operations. The Distribution operating segment is not included in the calculations, although it is in line with the EU Environmental Taxonomy systematics (classification) with respect to the climate targets (climate change mitigation and adaptation).
(1) Direct GHG emissions indicator in kgCO2eq/MWh calculated in relation to the electricity production (TAURON Group’s subsidiaries included: TAURON Wytwarzanie, TAURON Inwestycje, TAURON Ciepło, TAURON Ekoenergia as well as the company’s subsidiaries or the entities managed by the company, TAURON Zielona Energia, TAURON Nowe Technologie). The intermediate 2025 target value corresponds to the graphical data - Figure no. 26 TAURON Capital Group’s planned CO2 emissions level in 2018-2030
(2) New RES capacity based on wind energy and photovoltaic farms (2021-2025 Expansion Plan).
(3) Replacement of the capacity of the conventional heat generation sources (coal and heavy heating oil) (baseload and peak units) with low and zero-emission heat generation sources. Only TAURON Ciepło is included
E – Environmental
G – Governance
(I) – Investments
In addition, TAURON Group is planning to take steps, in 2023, aimed at verifying its targets, applying an approach consistent with the criteria and recommendations of the Science Based Targets (SBTi) initiative – following the exit of the TAURON Wydobycie subsidiary out of TAURON Group’s structures (completed at the end of 2022), however without conducting the certification. TAURON Group’s actions, announced for 2022, in this regard could not be completed, because after checking the basic criterion involving the amount of revenue generated by the Group from the coal assets related to the Mining operating segment (for 2022 the share was > 5%), and, as a consequence, for TAURON Group no verification of the targets according to the criteria and recommendations of the SBTi initiative was completed.
Thus, appropriate and adequate measures will be implemented starting from 2023, and from that year it will be possible to check and verify the individual targets set within the Group, linked to TAURON Group’s pursuit of the long term goal of zero GHG emissions in the value chain by 2050, which is related to the direct emissions (Scope 1). In addition, the indirect emissions (Scope 2 and 3) will be curtailed based on the criteria and recommendations of the SBTi initiative.
The above is a step supplementing the direction of actions, adopted under TAURON Group’s Climate Policy, aimed at limiting the global warming and not exceeding the temperature rise of 1.5 °C in the long term, in line with the Paris Agreement and the goals of the United Nations according to the „2030 Agenda for Sustainable Development”.
Following the above targets and the planned activities of TAURON Group in pursuit of climate neutrality 2050, an adequate investment (capex) plan had also been announced, which includes the spending of nearly PLN 17 billion for the development sof the RES installed capacity in the medium term by 2030, as presented as part of TAURON Group’s Strategy for the years 2022-2030 with an outlook until 2050.
Direction – Energy transition
In order to achieve the total decarbonization by 2050, TAURON Group, when compiling an update of the strategic directions and the new strategy for the years 2022-2030 with an outlook until 2050, confirmed its intermediate target in the fight against climate change stemming from the implementation of the Green Turn of TAURON initiated in 2019, setting the Scope 1 direct greenhouse gas emissions reduction target at more than 78% by 2030 with an intermediate emissions reduction target set for 2025.
To achieve this goal, TAURON is planning additional capacity in renewable energy sources so as to reach a total of 3.7 GW of the installed capacity of the zero-carbon sources by 2030. At this stage, the most likely scenario for reducing the share of conventional power generation capacity in TAURON Group’s fuel mix is the spin-off and divestment of the coal assets to another entity (NABE program). More information on this topic in section TAURON Group’s Strategy and its Assumptions.
To promote electrification and increase the consumption of electricity from RES, TAURON Group is seeking to expand its range of products and services in order to raise customer satisfaction. The main goals in this regard include the installation of 566 electric vehicle charging stations by the end of 2025, but also, with respect to promoting electrification, the strengthening (hardening) of the grid infrastructure.
In addition, taking into account the role of the infrastructure, in particular for the decarbonization purposes, the planned steps include the goal of increasing the flexibility and resilience of the grid infrastructure by investing in the digitization and in raising the quality and efficiency of the services provided, also with the use of the new development platforms. The main goals set for 2025 include improving the CTP and CP indicators (equivalent to SAIDI and SAIFI) by not less than 20% as compared to 2021 and achieving by 2030 the target of more than 5.8 million final consumers with active “smart metering” devices (data to be used as part of the new development platforms) in place.