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Unlocking Poland’s Offshore Potential

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2018 brought many positive changes in this area. The Polish government secured a favorable state aid decision from the European Commission and amended the key framework regulation on renewable energy sources (RES). This paved the way for the first major auction organized by the Polish National Regulatory Authority – the President of the Energy Regulatory Office.

Nearly 600 onshore projects, most of them smaller sized photovoltaic installations, received approximately €3.28 billion in 15-year contract-for-difference type benefits. Last, but not least, the Minister of Energy presented the draft Energy Policy of Poland 2040, setting out the expected future course of development of the Polish energy mix, which is especially promising for the offshore wind and PV markets.

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Published in the Project Finance International Global Energy Report April 2019 by Refinitiv (formerly the Financial and Risk business of Thomson Reuters)