Poland auctions over 2.2 GW of new onshore wind capacity

23/12/2019 10:49 Wind


Poland's latest wind and solar auction resulted in successful bids for new onshore wind projects with a total capacity in excess of 2.2 GW, the Polish Energy Regulatory Office (ERO) said on Thursday.

The auction, held on December 5, was for onshore wind and solar projects with a capacity of over 1 MW. Almost 78 TWh of total electricity was sold.


The minimum auction price was PLN 162.83 (USD 40.97/EUR 37.24) per MWh, while the maximum bid stood at PLN 233.29/MWh, according to the regulator.


The average price of PLN 208/MWh, was below the current wholesale energy price of PLN 220/MWh, according to the Polish Wind Energy Association (PWEA).


The ERO said that it received a total 164 bids in the auction. Out of the 101 successful projects with a total value of PLN 16.2 billion, onshore wind accounted for PLN 16.1 billion and solar for PLN 129 million.

Source: renewablesnow.com

Daily (03.07.2020): Brent and WTI settled on Thursday at their highest levels since March amid lower U.S. unemployment rate

03/07/2020 09:49:00

Crude oil futures posted a second consecutive day of gains on Thursday, with Brent and WTI hitting their highest levels since March 6, after a decline in U.S. unemployment rate and a sharp drop in crude stockpiles earlier this week. Hence, Brent crude for September delivery soared by $1.11, or 2.64%, to settle at $43.14 per barrel. At the same time, U.S. WTI crude edged 83 cents higher, or 2.08%, to end at $40.65 per barrel.


RWE wraps up acquisition of Innogy's renewable energy ops

03/07/2020 09:40:00

German energy major RWE AG said on Wednesday that its complex asset-swap with rival E.on SE is now fully completed, creating a massive renewable energy business.


Polish govt agrees offshore wind cooperation with sector players

03/07/2020 09:34:00

The government of Poland and representatives of the offshore wind industry have entered into a letter of intent that outlines their future cooperation in the development of the particular sector.