Treasury: capacity market possible next year

Andrzej Czerwinski, the Minister of the State Treasury is in favor of launching a capacity market in Poland, which has been in operation in other countries. "It is possible a capacity market will start to function in Poland in 2016," Treasury Minister told reporters on the sidelines of an economic conference in Krynica Zdrój. "The best solution would be if the regulator and PSE (grid operator) prepare a proposal together on how a capacity market would function," he added. In August, the country faced serious electricity shortages due to drought. The system of a capacity market involves producers being paid to keep power plants online to generate electricity as and when needed, not only for the energy produced.