Green Firms Angry As Poland Abandons Wind Subsidies
Denmark’s Dong and Iberdrola of Spain — two of the largest investors in Polish wind farms — are looking to exit Eastern Europe’s largest energy market just as the government moves to overhaul its system of support for green energy by effectively cutting funding for onshore wind.
A spokeswoman for the Polish Wind Energy Association (PWEA) tells Recharge that the Ministry of Economy is preparing a bill that will be damaging for wind and the wider renewable-energy sector.
“A draft bill on renewables was presented by the Ministry of Economy in July, but has since been changed for the worse,” she says.
“There are very dangerous provisions in the new act that we just don’t accept.”
The PWEA has commissioned an independent study from PricewaterhouseCoopers, to be released on 10 October, into the potential effects of the new act. It has also invited officials from the ministry to speak at an industry forum on 20 November.
One analyst describes the wind legislation as “unstable”, adding that “in future, you will have to be brave to invest in Poland”.