Govt. adopts renewable energy draft bill
22:50
The Polish government adopted the renewable energy bill, Tuesday, which introduces a new auction system aimed to support and increase Polish production of renewable energy.
The government hopes that it will result in at least 15 percent of country’s energy mix coming from renewables in 2020.
The new auction system will be run by a governmental institution which will decide how much renewable energy Poland will produce that year. The auctions will be won by the producer who offers the lowest price. The capped reference price will be set annually by the Economy Minister.
At least one quarter of the volume of renewable energy sold at such auctions will have to come from small, up to 1 MW power installations.
If a producer will suffer losses stemming from the difference between revenues from power sales and the costs suffered from the obligation to buy energy at auctions, it will be compensated. The compensation will be financed from a renewable energy fee, to be paid by end-users. That fee has been set at PLN 2.27 per MWh.
According to the government data, the new support system will cost PLN 3.7-3.8 billion in 2015 and PLN 4-4.3 billion in 2020, compared to PLN 4.6-6.2 billion in 2015 and PLN 7.5-11.5 in 2020 the current system would cost.
The draft will now be discussed and voted in the parliament.
