Poland approves capacity market bill

The Parliament passed the capacity bill, which introduces auctions for reserve capacities and creating incentives for investments in the energy sector. First auctions are planned for December next year and will be delivered in 2021,2022, and 2023. The annual cost of the market will depend on the auctions result but was estimated at PLN 4 billion. Customers will be responsible to cover the costs, which according to Energy Minister Krzysztof Tchórzewski will cost an average household less than PLN 2. In accordance with EU regulations, the capacity market is considered to be a public aid and requires the approval of the European Commission.