Government in Poland Postpones Entry into Force of the New Auction Scheme for Solar and Other Renewable Energy Sources
/20th January 2016, by RENEWABLE MARKET WATCHTM/
An amendment to the Renewable Energy Sources Act of 20 February 2015 (“RES Act”) was adopted on 29 December 2015 (the “RES Amendment Act”). The RES Amendment Act still remains to be signed by the President and published in the Official Journal of Laws. It is scheduled to enter in force on 31 December 2015.
The RES Amendment Act will postpone by 6 months the change of the support scheme for renewable energy sources (“RES”) from certificates of origin to auction based support. At the same time it extends the interim provisions of the RES Act being the legal basis for support through green certificates from 1 January 2016 to 30 June 2016 and additionally makes some adjustments to this scheme.
The RES Amendment Act also modifies the position of micro installations (RES installations of up to 40 kW or 120 kW in CHP), whereby these changes are not covered by this communication.
According to the Polish RES Act, photovoltaic power plants (and other renewable also), which become operational after 1 July 2016 have to compete in auctions organized by the President of the Energy Regulatory Office (ERO). Therefore the prices offered by the bidders on these auctions cannot exceed the above mentioned referential prices. In this respect referential prices should be treated in fact as the maximum bid price levels. Winners in these auctions shall be selected in two stages. First one is pre-qualification stage whilst second one is the real auction stage.
What are exact referential prices for solar PV power plants above 1 MW and under 1 MW in Poland? How the auctions will be organized and take place? What is market dynamics and forecast for market development to 2025? Answers to all these questions you will find out in Renewable Market Watch’s latest Q4 2015 update after in-depth analysis of Polish solar PV market. To access this valuable information just visit: