Poland’s Power Regulatory Workplace has awarded 486 MW of photo voltaic within the newest renewables public sale, most of which weren’t subscribed. It allocates 150 MW for installations smaller than 1 MW, with a minimal bid of PLN 0.24477 ($0.056)/kWh, and 336 MW for bigger installations, with a minimal bid of PLN 0.23677/ kWh.

Poland is without doubt one of the most dynamic PV markets in Europe.

Picture:
Wayne Nationwide Forest, Flickr

Poland’s Power Regulatory Workplace allotted 486 MW to photo voltaic in its newest renewable public sale. It allotted solely 8,5 TWh out of 34 TWh of renewable capability to be offered, however photo voltaic accounted for 96% of the 204 successful bids.

For installations smaller than 1 MW, the public sale offers 150 MW of photo voltaic. The reference value is PLN 0.375/kWh. The bottom bid reached PLN 0.24477/kWh and the very best bid was PLN 0.32773/kWh.

For installations bigger than 1 MW, 582 MW of electrical energy is split between photo voltaic and wind applied sciences, accounting for 57% of all allotted capability. A complete of 51 photo voltaic producers submitted 70 bids, with 336 MW of PV and 245 MW of wind awarded. The reference photo voltaic value was PLN 0.355/kWh, whereas the bottom bid reached PLN 0.23677/kWh.

Just one firm participated within the third public sale devoted to hydroelectric energy vegetation. In response to the regulator, the remaining 4 auctions weren’t resolved as a result of inadequate bids.

The president of the Power Regulatory Workplace, Rafał Gawin, cited Russia’s invasion of Ukraine and the associated vitality disaster as the explanation for disappointing participation within the newest public sale.

“The instability and excessive uncertainty available in the market forecasts of vitality costs, noticeable variations within the reference costs of particular person baskets, in addition to the change within the authorized surroundings contributed to the decline to be drawn to [renewables] auctions … evidently within the coming years we are able to anticipate much less curiosity [renewables] auctions in favor of long-term Energy Buy Agreements (PPAs) for the sale of electrical energy,” mentioned Gawin.

Between 2016 and 2022, Poland allotted 6.78 GW of photo voltaic in renewable auctions. The nation presently has 1.2 GW of put in capability, with 4.9 GW of recent photo voltaic additions by 2022, making it the third greatest photo voltaic market within the European Union, in accordance with SolarPower Europe.

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