Draft Bill on Renewable Energy Sources. New regulatory system. Wojciech P. Cetnarski PWEA President. Warsaw, May 21, 2014. Agenda. About PWEA New regulatory system – the rules Case study Let’s bid ! Summary. About PWEA. Polish Wind Energy Association:
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New regulatory system.
Wojciech P. Cetnarski
Warsaw, May 21, 2014
New regulatory system – the rules
Let’s bid !
Polish Wind Energy Association:
Source: PwC analysis
The RES Act draft implements a contracts for difference support system to be distributed via a non-technology based auction system for RES installations with more than 1 MW capacity.
According to this support scheme the electric energy produced by RES installations permitted in an auction is sold at the wholesale market price, whereas RES producers are refunded with the difference between the auction (“strike”) price and the arithmetic average daily price for electric energy at the POLPX (i.e. index IRDN24).
Producer is awarded the strike price of 380 zł/MWh (indexed annually by CPI) and sales the energy OTC, or trough POLPX (above 1 MW), at the price of 170 zł/MWh. Then applies to OREO for reimbursement of 200 zł/MWh, which is the price difference between the strike price and the arithmetic average daily price of 180 zł/MWh, for electric energy at the POLPX.
Average productivity of RES technologies
Source: TPA Horwath
President of Board
Polish Wind Energy Association
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