T E K R A M C I A T L O V O T O ANDPH POL
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POLAND PHOTOVOLTAIC MARKET: OUTLOOK 2012
TABLE OF CONTENTS
TABLE OF CONTENTS ....................................................................................................... 3 FOREWORD FROM ILKO ILIEV .......................................................................................... 5 1
Methodology and limitations ................................................................................ 6
1.1 1.2
Methodology ............................................................................................................. 6 Limitations ................................................................................................................. 7
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EXECUTIVE SUMMARY .......................................................................................... 8
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POLAND POLITICAL AND ECONOMIC ENVIRONMENT .......................................... 10 3.1 Basic country data ................................................................................................... 10 3.2 Government structure, political climate and ruling party ...................................... 12 3.3 GDP and Economic Growth ..................................................................................... 13 3.4 Taxes ........................................................................................................................ 15 3.4.1 VAT ....................................................................................................................... 16 3.4.2 Income and Corporate Taxes ............................................................................... 16
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POLAND PHOTOVOLTAIC ENERGY MARKET ......................................................... 17 4.1 4.2 4.3 4.4 4.5
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General electricity market information .................................................................. 17 RES targets............................................................................................................... 18 Why invest in photovoltaic energy in Poland?........................................................ 20 Poland solar resource potential .............................................................................. 21 Overview of Poland photovoltaic market ............................................................... 23 POLAND RES LEGAL AND REGULATORY FRAMEWORK ......................................... 27
5.1 Most recent EU renewable energy policy developments ....................................... 27 5.2 Main laws and regulations ...................................................................................... 28 5.3 Applicability of the promotion system .................................................................... 28 Trading green certificates ....................................................................................... 29 5.4 5.5 Fulfilling annual mandatory quota of green certificates......................................... 30 5.6 Zoning, planning and construction related authorizations ..................................... 30 5.7 Environmental related authorizations .................................................................... 31 5.7.1 Natura 2000 Network .......................................................................................... 31 5.7.2 Clean Development Mechanism (CDM) and Joint Implementation (JI) .............. 32 5.8 Energy law authorizations ....................................................................................... 32 5.8.1 Power Generation Licensing ................................................................................ 32 5.8.2 Grid Interconnection ........................................................................................... 33 5.8.3 Power Off-Take .................................................................................................... 33 5.8.4 Green certificates and purchase price of electricity ........................................... 34 6
KEY ORGANIZATIONS AND INSTITUTIONS ........................................................... 36 6.1
Government ............................................................................................................ 36
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POLAND PHOTOVOLTAIC MARKET: OUTLOOK 2012
6.1.1 The Ministry of Economy (MoE) .......................................................................... 36 6.1.2 Poland’s Energy Regulatory Office (ERO)............................................................. 36 6.1.3 Ministry of Environment (MoENV) ...................................................................... 37 6.1.4 Ministry of Finance (MoF) .................................................................................... 37 6.1.5 Polish Power Exchange (POLPX) .......................................................................... 37 6.1.6 Polish Transmission System Operator (TSO)........................................................ 37 6.1.7 Polish National Conservation Agency (KAPE) ...................................................... 38 6.2 Key photovoltaic companies operating on POLISH market..................................... 39 7
CONCLUSIONS .................................................................................................... 41
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LIST OF ABBREVIATIONS ..................................................................................... 43
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REFERENCES ....................................................................................................... 45
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DISCLAIMER........................................................................................................ 47
APPENDIX I. SOLAR MAPS OF EUROPE AND POLAND ..................................................... 48
LIST OF MAPS, CHARTS AND TABLES Map 1: Where is Poland on the European map ..................................................................... 10 Map 2: Solar irradiation and solar electricity potential for optimally inclined photovoltaic modules in Poland, JRC PVGIS 2008 ....................................................................................... 22 MAP 3: Natura 2000 areas in Poland ..................................................................................... 31 MAP 4: Plan of high voltage grids (> 110 KW) in Poland (2010) ............................................ 38 Map 5: Solar irradiation and solar electricity potential for horizontally mounted photovoltaic modules in Poland, JRC PVGIS 2008 ................................................................. 48 Map 6: Solar irradiation and solar electricity potential for horizontally mounted photovoltaic modules in Poland, GeoModel Solar s.r.o. 2011 .............................................. 49 Map 7: Solar irradiation and solar electricity potential for optimally inclined photovoltaic modules in Europe, JRC PVGIS 2008 ...................................................................................... 50 Chart 1: Poland’s GDP growth compared to EU-27 for the period 2002-2012 ..................... 15 Chart 2: Poland RES targets for 2020 in % according to NREAP ............................................ 19 Table 1: Support schemes for RES generation in the EU countries ....................................... 20 Table 2: Correction factor in GC's for PV systems in Poland in new draft RES law ............... 25 Table 3: Proposed green certificates for electricity from renewable sources in Poland in new draft RES law .................................................................................................................. 35
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POLAND PHOTOVOLTAIC MARKET: OUTLOOK 2012
FOREWORD FROM ILKO ILIEV Energy is the driving engine of our modern society. Every day when we look at issues such as climate change, an increasing volatility and dependence on oil and other fossil fuels, and rising energy costs is necessary to rethink our attitude to energy production and consumption. Therefore, renewable energy sources represent the most logical way towards a sustainable energy target and greener future. The European Union has therefore made a commitment to raise the share of renewable energy to 20% by 2020 as well as to increase the level of biofuels in transport fuel to 10% by 2020. Under EU legislation, all EU countries have set national targets for the proportion of electricity consumption that should come from renewable energy. If they all achieved these targets, over a fifth of our electricity consumption in the EU would be produced from renewable energy by 2012. The years between 2008 รท 2011 have been challenging for photovoltaic energy industry and the financial crisis that has affected the global economy has spared no industry sector. Some of the oldest European photovoltaic module manufacturers bankrupted. Prices of photovoltaic modules dropped significantly with more than 50 % in less than 2 years. This drop on the other hand presented opportunity to many investors for building of more solar installations than planned. However, increased efforts are still necessary to achieve this target. Well balanced mix of renewable energy generation facilities should be priority target for each country. We do hope that Poland will continue to improve its renewable energy support program. Already proposed change in the new draft renewable law for higher correction factor in the number of green certificates for photovoltaic installations is absolutely necessary for start of photovoltaic energy market in Poland. We are convinced that it is now right time to convert the words into action and to see new law into force before the end of 2012. Ilko ILIEV CEO, Inea Consulting Ltd.
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