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    Home > Chemicals Industry > International Chemical > 2020 Polish renewable energy auction concludes Solar dominates

    2020 Polish renewable energy auction concludes Solar dominates

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    The Polish energy management office URE recently announced the results of the last round of renewable energy auctions, saying that the auction attracted 590 companies to participate, submitted a total of 1618 bids, and the winning share reached 11.
    75 terawatt hours
    .

    This means that this round of bidding for solar projects aiming to build 700 MW or more has been successfully completed
    .

    According to the bids, the lowest price was $60.
    38 per MWh, and the total value of the energy contract exceeded $800 million
    .

    Polish regulators said that half of the eight rounds of renewable energy auctions in 2020 have completed their expected targets, and the remaining four failed to meet the required number of bids, with a cumulative auction of 54.
    5 terawatt hours of electricity with a total value of about US$3.
    5 billion
    .

    All winning projects will cumulatively build more than 1.
    56 GW of solar PV capacity, nearly 930 MW of wind capacity, and more than 4 MW of new capacity
    from other renewable energy technologies.

    However, it is worth noting that this auction did not attract onshore wind projects
    .
    Rafal Gawin, head of URE, noted that this year's auctions all indicate a significant slowdown
    in the development of new wind energy projects due to distance constraints.
    This is because suitable locations with favorable wind speeds, social and environmental characteristics, and relatively low connection costs have been exhausted
    .

    The Polish energy management office URE recently announced the results of the last round of renewable energy auctions, saying that the auction attracted 590 companies to participate, submitted a total of 1618 bids, and the winning share reached 11.
    75 terawatt hours
    .

    renewable energy

    This means that this round of bidding for solar projects aiming to build 700 MW or more has been successfully completed
    .

    According to the bids, the lowest price was $60.
    38 per MWh, and the total value of the energy contract exceeded $800 million
    .

    Polish regulators said that half of the eight rounds of renewable energy auctions in 2020 have completed their expected targets, and the remaining four failed to meet the required number of bids, with a cumulative auction of 54.
    5 terawatt hours of electricity with a total value of about US$3.
    5 billion
    .

    All winning projects will cumulatively build more than 1.
    56 GW of solar PV capacity, nearly 930 MW of wind capacity, and more than 4 MW of new capacity
    from other renewable energy technologies.

    However, it is worth noting that this auction did not attract onshore wind projects
    .
    Rafal Gawin, head of URE, noted that this year's auctions all indicate a significant slowdown
    in the development of new wind energy projects due to distance constraints.
    This is because suitable locations with favorable wind speeds, social and environmental characteristics, and relatively low connection costs have been exhausted
    .

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