The Sejm passed some of the Senate amendments to the act on maximum prices

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At today’s plenary session (October 27, 2022), the Sejm passed some of the Senate amendments to the  act on emergency measures aimed at limiting the amount of electricity prices and supporting certain consumers in 2023.

Previously, the act was considered by the Senate, which adopted a number of amendments favorable from the point of view of producers and trading companies, including:

  • taking into account settlements made by producers under virtual sales contracts (vPPAs),
  • exemption from the mechanism of making write-offs to the fund of installations with concluded long-term contracts for the sale of energy,
  • limiting the mechanism of making write-offs to the fund in the case of electricity trading companies to those vertically integrated within groups,
  • inclusion in the calculation of the write-off in the case of trading companies of the costs related to the purchase of certificates / and the margin,
  • modification of the delegation to issue a regulation specifying a price limit for producers so that the Council of Ministers takes into account: “recommendations of the President of the ERO and justified generation costs broken down into electricity generation technologies together with the cost of capital involved”.

Before the start of the Senate work, organizations representing the energy sectors, industry and entrepreneurs, including the Renewable Energy Association, organized a press conference in the Senate, at which they presented an appeal for the adoption of amendments to the acts. Read more about the appeal.

The Sejm rejected all substantive amendments adopted by the Senate, except for the one concerning the exclusion from the mechanism of deductions for the biogas installations. The Senate amendment modifying the term in Art. 39 of the Act, ie the period in which the fund write-off mechanism is to function (Art. 21) was also adopted by the Sejm. The current term “from 1 December 2022 to 30 June 2023” was extended by replacing it with “from 1 December 2022 to 31 December 2023”.