K&L Gates’ Quick Guide to the Polish Auction System for Renewables
K&L Gates is pleased to introduce our Quick Guide to the Polish Auction System for Renewables. Find the full version of the guide here.
Wind energy is breaking new ground in Poland. After a few years of stagnation, there is well-grounded optimism for the dynamic development of onshore and offshore RES.
A 1000 MW wind auction is expected in November 2018, with more to come in 2019. Bidders will compete in offering the lowest price over a 15-year period, plus indexation, and the auction winners will receive an estimated 12–15 billion PLN, i.e., ca. 4 billion EUR over this period.
The government is working on a separate piece of legislation concerning public support for the first offshore wind farms on the Polish Baltic Sea. However, concessions for offshore wind are already awarded and the industry is gearing up for the construction phrase. Offshore wind will likely feature here sooner rather than later.
Never before experienced growth is also anticipated in the solar market, with an auction for around 750 MW of new capacity in 2018. This exceeds by a few times the capacity of all solar installations existing so far in Poland.
The auctions are bound to bring the country closer to meeting the 15% target of renewables’ share in electricity generation. The Polish renewable generation will finally get a much needed boost after the delays experienced on the EU 2020 path.
It is therefore our pleasure to present this quick guide on the auction system for renewables – a compendium of knowledge prepared by the Polish Wind Energy Association and one of the association’s members
– K&L Gates law firm.
We hope that you will find the guide interesting.