ERO: auction for cogeneration premium

  • Reading time:2 mins read

According to the announcement issued by the Energy Regulatory Office: June 8 this year. the first auction for cogeneration premium this year for the sale of electricity from high-efficiency cogeneration generated in new cogeneration units or in significantly modernized units (all with installed capacity from 1 to less than 50 MW) will begin. The auction session will last 3 days. The opening will take place on June 8 at 8:15 and the closing will take place on June 10 at 16:15. The auction will be carried out in writing, in paper form.

Each of the investors may present more than one offer in a given auction, provided they refer to different cogeneration units. The auction is won by auction participants who offered the lowest amount of cogeneration premium (i.e. subsidies to electricity sold from high-efficiency cogeneration), whose bids together did not exceed 100 percent. value or quantity of electricity specified in the auction announcement, and 80% the amount of electricity covered by all offers submitted.

The maximum amount of electricity from high-efficiency cogeneration whose sales can be covered by the premium is 12 TWh, while the maximum value of this premium is over PLN 2 billion. However, for electricity producers located outside of Poland, the maximum value of the premium is over PLN 103 million (with a maximum amount of 0.6 TWh of electricity from high-efficiency cogeneration).

ERO statement