700 MW Allocated to Small Scale PV Developers in Poland's Latest Renewables Auction

• In Poland's most current renewables auction of the year, the solar grabs 700 MW for small-scale solar (PV) plants. The country's Energy Regulatory Office (ERO) reported a minimal price of PLN 228.7/ MWh (USD 61.2), while it was PLN 269.0 in the auction held last year.

ERO revealed the results on 18th December 2020, proclaiming that or 11.75 TWh or 99.9 percent of the designated energy was sold in the auction. Successful bids were made by 235 parties, where 590 producers participated in the competitive procedure with a total amount of 1,618 proposals. Nonetheless, no onshore wind uses arised while doing so.

The complete value of the allocated power is approximated at more than PLN 3 billion, representing 67 percent of the possible support. While an overall of 54.5 TWh of power was sold, with a complete worth of almost PLN 12.9 billion.

" Due to the big variety of submitted bids, the auction winners were chosen not just based on the asking price but also by the order in which they were sent," the authority highlighted.

The Polish regulation establishes that in case numerous auction participants use the same cheapest asking price for electricity created from renewable resource resources, the order of the sent quotes determines which projects will be focused on, according to the authority.

Entirely, it will certainly lead to the building of over 1.56 GW of solar PV parks, almost 0.93 GW of new wind farms, and somewhat over 4 MW of brand-new ability from other renewable resource innovations.

Rafal Gawin, head of state of URE, noted that this year's auctions described a noticeable slowdown in the growth of brand-new wind projects as a result of range limitations. He additionally discussed the appropriate places with positive wind speeds, social and also environmental functions, and also reasonably reduced link prices, have actually already been worn down.

According to a new report by the Instytut Energetyki Odnawialnej (IEO), Poland might accomplish its target of 7.8 GW of solar by 2030 as outlined in the National Plan for Energy and Climate.