Institute for Renewable Energy analyzed the results of two first auctions photovoltaic electricity supply carried out in Poland in 2016 and 2017, with the two years deadline for connection of new installations to the grid. Photovoltaic, among other renewable energy technologies covered by both auctions (biogas, hydro, small wind) was the most impressive winner so far.
In two first auctions, conducted in December 2016 and June 2017 for individual projects smaller than 1 MW, 298 companies (owning 436 projects) were awarded. In 1-2 years those companies will build (or contribute to the investment) new photovoltaic installations with total installed capacity about 400 MW, where total investment value will add up to 2 bln. PLN (app. € 472 mln.).
Owners of the projects selected in the auction will sell the electricity with the offered price for a period of 15 years. However, the remuneration is paid for no longer than until December 31, 2035, so the plants must be connected to the grid by 2020 at the latest.
The main conclusions of the analysis were included in the report, which primary purpose is to present detailed summary of the auctions, including prices (reference, maximal, minimal, average), volume and value of sold energy. Furthermore, it contains general information about the companies and projects which have won the auctions.
Figure 1. Minimal, maximal, average and reference prices resulting from Renewable Energy Auctions in Poland (photovoltaics), source: IEO elaboration based on data from Energy Regulatory Office [note: 1 €= 4,2 PLN]
Download summary report “RENEWABLE ENERGY AUCTIONS IN POLAND – PHOTOVOLTAICS”
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