POLAND'S PARLIAMENT APPROVES CHANGES TO GREEN ENERGY LAW

07/02/2018

On June 29, Poland's upper house of parliament approved an amendment to the renewable sources of energy law in hopes of removing obstacles to green energy investment and helping Warsaw meet EU renewable energy targets. The amendment removes tax disincentives and kicks off auctions under a new subsidy system in which renewable producers will be assured a stable price for their energy in any given period. According to the Polish Wind Energy Association, Poland achieved 13.9 percent of electricity consumption through renewables in 2017, which was short of their target of 14.7 percent. The amendment awaits the president's signature. For the full story, see https://uk.reuters.com/article/us-poland-energy/polish-parliament-appro….