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Poland approves renewable energy auction support for 2.57 GW in 2021

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Poland approves renewable energy auction support for 2.57 GW in 2021

The Polish government has adopted regulation providing support in next year's renewable energy auctions for 2.57 GW of capacity, up 50% from this year's auctions that awarded 15-year contracts to 1.7 GW, it said Dec. 21.

The government estimates the level of support in 2021 will translate into construction of 1.8 GW of new solar parks, 600 MW of new onshore wind farms and 100 MW of new dedicated biomass installations.

The regulation sets the total volume of electricity for sale in the 2021 auction at almost 69.6 TWh, with 69.1 TWh from new installations and 0.5 TWh from existing units. The maximum value of that support amounts to 24.6 billion Polish zlotys.

In this year's renewable energy auction, 9.4 billion zlotys was awarded in support for 1.7 GW of new renewables capacity, including 0.8 GW of solar and 0.9 GW of onshore wind projects.

Adam Easton is a reporter with S&P Global Platts. S&P Global Market Intelligence and S&P Global Platts are owned by S&P Global Inc.

As of Dec. 21, US$1 was equivalent to 3.68 Polish zlotys.