Poland and the price cap
While it was energy auctions in 2016 that kick-started Poland’s solar sector, many developers have since moved outside the support scheme thanks to rising energy prices. Piotr Mrowiec, associate partner at Rödl & Partner, examines how the EU’s new cap on renewable energy revenue will affect the attractiveness of large scale clean energy projects in the country.
The EU’s emergency intervention to address high energy prices includes a cap on market revenue for low-marginal-cost electricity generators, including solar projects. Alongside moves to reduce electricity consumption and gas use, and to protect households from soaring energy bills, the legislation sets a €180 ($187)/MWh limit on revenue for “infra-marginal” generators.Poland enacted a law at …
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