30 Dec '13, 5am

Renewable Year-end Focus: Poland

Here is the firm’s assessment of Poland: All change. After three years of trying to push through legislation that would see renewable technologies receive a differentiated number of GCs, the Polish Government appears to have changed its strategy. GCs are out; competitive bidding is in. Auctions win this round. The Ministry for the Economy revealed its proposals for a revised Renewable Energy Sources (RES) law at a press conference on 17 September. It would see the GC system phased out by 2021 in favor of an auction system awarding guaranteed tariffs over 15 years. Price competition is likely to be fierce, with cost confirmed as the most important criterion. Separate auctions will be held for projects above and below 1MW, while biomass projects greater than 50 MW and all biomass co-firing plants will be excluded altogether. Projects must start producing power within four ye...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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