Poland to Boost Renewable Power Use Targets as Output Beats Plan

Poland to Boost Renewable Power Use Targets as Output Beats Plan | Renewable Energy News Article

renewableenergyworld.com 22 Oct '12, 2pm

Poland to Boost Renewable Power Use Targets as Output Beats Plan

Under a decree signed by the economy minister yesterday, utilities will have to increase the share of green energy sold to end users by about 1 percentage point a year, Janusz Pilitowski, director of the Economy Ministry’s renewable energy department, said today in Warsaw. The share of electricity from renewable sources will this year probably reach 11 percent, compared with a 10.4 percent requirement set in 2008, mainly thanks to biomass use in power generation, he said. The price of green certificates averaged 248.61 zloty ($78.99) a megawatt-hour in September, down 7.4 percent from last year. The certificates, issued by the country’s energy regulator to guarantee that power was produced from renewable sources, traded at 227.99 zloty yesterday, data from the Polish power exchange show. “An increased obligation will generate demand for certificates,” Pilitowski said. Alon...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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Poland to Boost Renewable Power Use Targets as Output Beats Plan [link]