Just Transition Fund - we will benefit, but under conditions
The European Commission presented a draft regulation on the Just Transition Fund. This is an instrument to bring the UE closer to achieving climate neutrality in 2050 and prevent possible social exclusion. Although Poland proposed the creation of the fund, we missed the discussion about its shape.
Just Transition Fund - we will benefit, but under conditions
The European Commission presented a draft regulation on the Just Transition Fund. This is an instrument to bring the UE closer to achieving climate neutrality in 2050 and prevent possible social exclusion. Although Poland proposed the creation of the fund, we missed the discussion about its shape.
The RES auction marathon is behind us and we finally know the final result. Twelve auctions for various technological baskets, for new and existing installations, were held during three weeks. The contracted 90.3 TWh of new, green electricity for 15 years is worth PLN 20.2 billion. As much as 86% of this volume will be purchased at prices lower than those currently prevailing on the wholesale electricity market. This is another proof that renewable energy sources can compete with conventional units without additional support.
The RES auction marathon is behind us and we finally know the final result. Twelve auctions for various technological baskets, for new and existing installations, were held during three weeks. The contracted 90.3 TWh of new, green electricity for 15 years is worth PLN 20.2 billion. As much as 86% of this volume will be purchased at prices lower than those currently prevailing on the wholesale electricity market. This is another proof that renewable energy sources can compete with conventional units without additional support.
The fourth capacity market auction was held on the 6th of December 2019. Although there were some long-awaited new projects, the Santa Claus gift (which the capacity market support could be) was offered primarily to the existing coal-fired units, which in most cases decided to modernize. They were allowed to participate in the auction for the last time, as the European Union regulations will not allow such participation from next year.
The fourth capacity market auction was held on the 6th of December 2019. Although there were some long-awaited new projects, the Santa Claus gift (which the capacity market support could be) was offered primarily to the existing coal-fired units, which in most cases decided to modernize. They were allowed to participate in the auction for the last time, as the European Union regulations will not allow such participation from next year.
Capacity market for review | Analysis of the results of three auctions
The three capacity auctions for 2021-2023 are behind us. What is the result? Has it been possible to encourage manufacturers to make new investments? Does the capacity market support diversification of the mix? How much does the capacity market cost? And finally, do the new EU regulations concerning emission standards mean the end of the capacity market in Poland?
Capacity market for review | Analysis of the results of three auctions
The three capacity auctions for 2021-2023 are behind us. What is the result? Has it been possible to encourage manufacturers to make new investments? Does the capacity market support diversification of the mix? How much does the capacity market cost? And finally, do the new EU regulations concerning emission standards mean the end of the capacity market in Poland?
Small steps to big changes | Impact of the "Clean Energy..." package on power sector
We are starting to implement new EU energy regulations. Will the "Clean energy for all Europeans" package heal the Polish energy sector and give it an impulse for development? How can the energy consumer benefit from the changes? In Forum Energii's report "Small steps to big changes", we analyse the provisions of the Package and their consequences for Poland.
Small steps to big changes | Impact of the "Clean Energy..." package on power sector
We are starting to implement new EU energy regulations. Will the "Clean energy for all Europeans" package heal the Polish energy sector and give it an impulse for development? How can the energy consumer benefit from the changes? In Forum Energii's report "Small steps to big changes", we analyse the provisions of the Package and their consequences for Poland.
Will the revenues from CO2 emissions disappear into thin air?
Low emission energy transition will cost up to 200 billion EUR in the years to come. This impressive amount may suggest that Poland cannot afford to invest in the power or heating sectors. Meanwhile, building a safe and reliable system is crucial for citizens, economy and climate. It is high time to look at potential sources of financing for low-carbon modernisation, and make sure they do not vanish into the budget.
Will the revenues from CO2 emissions disappear into thin air?
Low emission energy transition will cost up to 200 billion EUR in the years to come. This impressive amount may suggest that Poland cannot afford to invest in the power or heating sectors. Meanwhile, building a safe and reliable system is crucial for citizens, economy and climate. It is high time to look at potential sources of financing for low-carbon modernisation, and make sure they do not vanish into the budget.