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Renewable energy projects in Poland will be awarded by an auction system, instead of through registration for feed-in tariffs and green certificates, if a draft law is approved at the highest level.

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Update Apr 01, 2014

Renewable energy projects in Poland will be awarded by an auction system, instead of through registration for feed-in tariffs and green certificates, if a draft law is approved at the highest level.

The government has already approved the law, which will be put to the president and parliament before it can be passed, according to news agency Reuters. The draft was released by the government in November 2013.

Under its terms the country’s energy regulator URE would buy electricity at guaranteed prices for 15 years, after holding a set of auctions for projects of between 40kW and 1MW in size, and another set of auctions for projects of between 1MW and 50MW capacity. A quarter of approved projects will be in the smaller range. The government will set auction prices and a capacity limit for each auction one month prior to it taking place.

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