Poland’s Vitality Regulatory Workplace allotted 486 MW to photo voltaic in its newest renewables 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 profitable bids.
For installations smaller than 1 MW, the public sale offers 150 MW of photo voltaic. The reference worth is PLN 0.375/kWh. The bottom bid reached PLN 0.24477/kWh and the best bid was PLN 0.32773/kWh.
For installations bigger than 1 MW, 582 MW of electrical energy was divided 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 worth 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 crops. In keeping with the regulator, the remaining 4 auctions weren’t resolved resulting from inadequate bids.
The president of the Vitality Regulatory Workplace, Rafał Gawin, cited Russia’s invasion of Ukraine and the associated power disaster as the explanation for disappointing participation within the newest public sale.
“The instability and excessive uncertainty of market forecasts of power 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 … it appears that evidently within the coming years we will anticipate much less curiosity [renewables] auctions in favor of long-term Energy Buy Agreements (PPAs) for the sale of electrical energy,” stated Gawin.
Between 2016 and 2022, Poland allotted 6.78 GW of photo voltaic in renewable auctions. The nation at the moment has 1.2 GW of put in capability, with 4.9 GW of latest photo voltaic additions by 2022, making it the third finest photo voltaic market within the European Union, based on SolarPower Europe.
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