RENEWABLES FOR POLAND
ENERDATA - 2 Dec 2021 - The European Commission has approved, under EU State aid rules, the prolongation of an existing scheme to support electricity production from renewable sources in Poland. Aid is granted in the form of a variable premium on top of the market price, calculated as the difference between bidding price and the wholesale electricity price. The measure was initially approved in 2017, with a budget of approximately €9.4bn (PLN40bn), and was set to expire on 30 June 2021. In December 2020, the European Commission approved a 6-month extension of the duration. The Commission has now approved the prolongation of the scheme for the period 2022-2027.