Poland: Opportunity for Geothermal in Renewable Energy Auction

RES Auctions in Poland Ready to Take Off (The National Law Review)

(Courtesy CIA.gov)

The Renewable Energy Standard (RES) auctions are fast approaching – the first one, for existing installations, is due to start on October 17.

The long-awaited RES auctions start tomorrow. This year, the President of the Energy Regulatory Office has divided the auctions into two rounds: 17-25 October for existing installations and 5-20 November for new installations.

The auctions are divided into five “baskets”, with the bidding for each basket to be held on a different date. One basket is for hydro energy, geothermal and offshore wind farm installations.

Having won the auction, the owner will have a certain amount of time to launch its operations: two years for photovoltaics and four years for any other RES installations.

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