26 Aug '16, 12pm

Reforming Poland's renewable industry - Renewable Energy Focus

The Auction System (which is won by the bidder who offers electricity at the lowest price) replaces the previous renewable energy investment incentive system, under which installations were required to obtain tradable/transferable certificates of origin from RES (‘Green Certificates’) issued by the President of the ERO and to sell property rights arising from those Green Certificates (the ‘Green Certificate System’). The property rights arise once the Green Certificates are registered on a register of certificates operated by the Polish Power Exchange ‘Towarowa Gielda Energii S.A.’ (‘TGE’) , a subsidiary of the Warsaw Stock Exchange. The Green Certificates can be traded on a regulated market, such as, the TGE, or within the over-the-counter (‘OTC’) market, but all transactions must be registered with the TGE. The value of Green Certificates is set by the market (11). Green...

Full article: http://www.renewableenergyfocus.com/view/44664/reforming-...

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