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POWER: Polish Renewable Producers Granted Less Subsidies Amid Negative Prices

POWER
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Poland saw negative power prices for three days in August for seven consecutive hours, which limited support for renewable power produces, Polish energy regulator URE said.

  • A certificate of origin – typically used as a method of support for developers – is not granted for RES electricity when weighted day-ahead market prices are below 0 PLN/MWh for at least six consecutive hours.
  • Weighted day-ahead prices in Poland on 10 August, 11 August and 25 August met that criterion, with weighted prices reaching as low as PLN-223.71/MWh for hour 14-15 on 10 August.
  • As a result, energy producers must correct their certificate of origin applications via power system operators submitted to URE.
  • This trend of negative prices is likely to continue in Poland as the country continues to expand its wind and solar capacity in the coming decades. 
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Poland saw negative power prices for three days in August for seven consecutive hours, which limited support for renewable power produces, Polish energy regulator URE said.

  • A certificate of origin – typically used as a method of support for developers – is not granted for RES electricity when weighted day-ahead market prices are below 0 PLN/MWh for at least six consecutive hours.
  • Weighted day-ahead prices in Poland on 10 August, 11 August and 25 August met that criterion, with weighted prices reaching as low as PLN-223.71/MWh for hour 14-15 on 10 August.
  • As a result, energy producers must correct their certificate of origin applications via power system operators submitted to URE.
  • This trend of negative prices is likely to continue in Poland as the country continues to expand its wind and solar capacity in the coming decades.