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Energy Minister: Poland to launch capacity market in 2016

18:10

"Poland estimates the capacity market budget preliminarily at PLN 2-3 billion a year," Energy Minister Krzysztof Tchórzewski said on Monday. The Minister hopes to introduce a capacity market support scheme this year.
"We would like the draft bill on the capacity market to be prepared as soon as possible. . . to be past discussions in Q4 and, if all goes well, it could be adopted this year," Tchórzewski proclaimed. According to the official, the capacity market will be aimed at supporting high-efficiency conventional generation, creating incentives for new investments and keeping existing blocks in operation. "Poland will design the mechanism so as to create an level playing field for all technologies. The capacity market is technologically neutral, it creates the same competition conditions for all technologies," Tchorzewski also said. The first auction is to take place at end-2017, for deliveries as of 2021, the minister indicated.

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