LETTER FROM THE PRESIDENT OF PSE
Dear Sir/Madam,
I am honoured to present the Impact Report of Polskie Sieci Elektroenergetyczne for 2021. The publication shows the company's financial and non-financial data in an integrated manner, but above all it presents the impact of operations of PSE on the economy, public finances, society and environment.
Last year was dominated by events that particularly affected the global economy and the oil and power sector that is part of it. In the spring and autumn of 2021, the impact of the pandemic was felt, while in the second half of the year, political and economic tensions began to build up in relations with Russia, which were reflected in the prices of energy resources, in particular gas. Russia's invasion of Ukraine has exacerbated these phenomena. The power system has been influenced by both global and regional market-driven factors, as well as by the regulatory changes that determine the operations of PSE. At the same time, the discussion about the future shape of the energy market in the EU has been continued for several years.
Wishing you a pleasant read
Eryk Kłossowski
President of the Management Board
Polskie Sieci Elektroenergetyczne S.A.