In 2019, we increased revenues and generated a solid EBITDA which exceeded market expectations.
As part of the implementation of the assumptions of TAURON’s new green policy, the TAURON Group acquired 5 wind farms in September 2019 with a total installed capacity of 180 MW, and as a result of the deal the Group’s installed capacity in wind-based technology was doubled.
Last year, our activities were focused on the pursuit of the TAURON Green Turn strategy. We put in considerable effort into environmental issues and strengthening our competitive advantage in the customer area.
by the TAURON Foundation
The TAURON Group maintains a stable financial position, which has been confirmed by a BBB rating with a stable outlook awarded by Fitch.
The Group significantly increased the scale of electricity generation from renewable energy sources.
TAURON’s Green Turn calls for investments in onshore wind farms and photovoltaic farms and involvement in the construction of offshore wind farms.
Updated Business Model
It comprises the supply of electricity, natural gas and related products to end consumers. The supply operations are conducted nationwide and, on a smaller scale, on the Czech and Slovak markets.
It comprises electricity wholesale trade as well as trade and management of CO2 emission allowances, property rights from certificates of origin and fuels.
These operations are conducted by TAURON Polska Energia S.A. and TAURON Czech Energy s.r.o. The Trade Line of Business also includes the procurement of biomass and the utilization of mining and burning by-products carried out by Bioeko Grupa TAURON sp. z o.o.
It comprises electricity distribution using the distribution grid located in the south of Poland.
It comprises heat and electricity generation, distribution and supply, using co-generation sources.
It comprises electricity generation using renewable energy sources, except for biomass burning.
It comprises electricity generation using conventional sources (also through the biomass burning process).
It comprises mainly hard coal mining, enrichment and sales to utility-scale power plants and individual customers.
TAURON for its environment
While pursuing our business goals, we are doing our best to act in accordance with the principles of sustainable development.