During the last plenary session, the Sejm adopted a government draft act on the preparation and implementation of investments in the field of pumped-storage power plants and accompanying investments.
The Act mainly concerns the simplification and improvement of administrative procedures related to the preparation and implementation of investments in the field of pumped-storage power plants (ESP) and accompanying investments.
At the final stage of work, the Act was supplemented with provisions providing for the exclusion of the obligation to transfer a contribution to the Fund in relation to electricity producers in renewable energy installations that are owned, managed or used by a state legal entity. In the case of already transferred contributions to the Fund by the referred entities, the Settlement Manager is obliged to return the funds.
The Association’s position on the above changes is available here.
During Friday’s vote at the Sejm session, the act on investments in pumped-storage power plants was supported by 304 MPs, 124 were against, and 12 MPs abstained from voting.