Lowest bid in Polish wind and solar auction at USD 41.9/MWh

Poland’s Energy Regulatory Office (URE) unveiled on Wednesday that the country’s latest renewables auction has resulted in 31 winning onshore wind and solar bids with a weighted average price of PLN 196.17 (USD 51.96/EUR 45.55) per MWh.

The winning offers were made by 23 companies and represent a price range of PLN 157.80-216.99 per MWh. This auction concerned onshore wind and photovoltaic (PV) installations above 1 MW and sold more than 41.997 TWh of electricity worth roughly PLN 8.24 billion.

Among the winning parties are subsidiaries of Polish power group PGE Polska Grupa Energetyczna SA (WSE:PGE) and Germany’s E.on SE (ETR:EOAN). URE, though, did not give details about each award.

Separately, an auction for small agricultural biogas plants below 1 MW awarded 29 offers from 23 companies ranging from PLN 538.86/MWh to PLN 569.69/MWh. Overall, about 3.490 TWh of electricity was sold with a total value of over PLN 1.97 billion.

A single bid by Eneris Siemiatycze Sp. z o.o., in turn, emerged as winning in the auction for 1-MW-plus biomass or non-agricultural biogas projects. It secured more than 972 GWh worth over PLN 388 million at less than PLN 400/MWh.

(PLN 1.0 = USD 0.265/EUR 0.232)

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