Potential offtaker

Polski Koncern Naftowy Orlen S.A.

www.orlen.pl

Estimated electricity consumption

N/A

Countries of production presence

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Polski Koncern Naftowy ORLEN, commonly known as ORLEN, is a Polish oil and gas company that operates in the petroleum refining sector. The company was founded in 1999 and is headquartered in Płock, Poland. ORLEN is one of the largest companies in Poland and is listed on the Warsaw Stock Exchange.

The company operates in several areas, including refining, petrochemicals, and retail. ORLEN's refining segment is its core business, accounting for the majority of the company's revenue. The company operates two refineries in Poland, one in Płock and the other in Litvinov, Czech Republic. ORLEN's petrochemicals segment produces a range of products, including plastics, synthetic rubber, and chemicals. The company's retail segment operates a network of gas stations in Poland, Germany, and the Czech Republic.

ORLEN is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. ORLEN is investing in renewable energy projects, including wind and solar power, and is exploring new technologies to reduce its carbon emissions.

One of ORLEN's key initiatives in decarbonisation is its corporate energy program. The program aims to reduce the company's energy consumption and increase its use of renewable energy. ORLEN is investing in energy-efficient technologies and is implementing measures to reduce its energy consumption. The company is also exploring new ways to generate renewable energy, such as solar and wind power.

ORLEN is also exploring the use of corporate power purchase agreements (PPAs) to support its renewable energy goals. Corporate PPAs allow companies to purchase renewable energy directly from renewable energy producers. ORLEN has signed several corporate PPAs with renewable energy producers in Poland and is exploring new opportunities to support its renewable energy goals.

In addition to its commitment to decarbonisation, ORLEN is also focused on corporate social responsibility. The company has a strong commitment to sustainability and is implementing measures to reduce its environmental impact. ORLEN is also committed to supporting local communities and is involved in several social and charitable initiatives.

Overall, ORLEN is a leading player in the petroleum refining sector in Poland and is committed to decarbonisation and sustainability. The company's focus on renewable energy and corporate social responsibility is a testament to its commitment to a sustainable future. ORLEN's investments in renewable energy and energy-efficient technologies are a positive step towards reducing its carbon footprint and supporting a cleaner energy future.

✓ Declared Net Zero commitment