17 August 2012
Poland sets out subsidy scheme for renewables
Poland has set out a new renewable energy subsidy scheme that it hopes will help the country move from its current position of being almost totally reliant on coal-fired power plants for its electricity, writes Industrial Info.
The country, which generates about 90 percent of electricity from heavy, CO2 emitting coal-fired plants, is now hoping to promote more investment in solar and offshore wind with new subsidies or Feed in Tariffs (FiTs).
For instance, the FiT for solar projects above 100 kilowatts has been set at USD0.334/kWh and contract terms will run for 15 years.
However, the higher subsidies for offshore and solar means that subsides for biomass and onshore wind will be cut.
The new bill also includes changes that will make it easier to connect renewable energy projects to the electricity grid.
The Renewable Energy Sources Act is expected to be in place by next January.
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