RWE Applies for Polish Subsidy

In: Windfarms
26/03/2021
RWE
RWE confirms that it has applied for a Contract for Difference (CfD) subsidy for its 350 MW FEW Baltic II offshore wind farm in Poland.  

Poland recently opened its first phase of offshore wind subsidy allocation for 5.9 GW. Companies have until the end of March 2021 to apply and allocation is expected Summer 2021. Awards are based on a first-come, first-served principle until the tender volume is filled.

RWE has submitted its CfD application to the Polish regulator URE. The 350 MW FEW Baltic II project secured a grid connection with Poland’s transmission system operator PSE earlier this year. Cables will come ashore near Ustka and connect to the grid at Słupsk.

If successful offshore wind developers will be awarded a CfD which guarantee a fixed payment for 100,000 full load hours in generation, with a maximum subsidy period of 25 years.

The allocated subsidy has a maximum ‘strike price’ set by the Ministry of Climate. A draft strike price of zł301.5/MWh (€66.9/MWh) was proposed on 16th February, subject to consultation.

Poland intends to increase the share of renewables in electricity generation from 14 % in 2019 to 32 % in 2030. Competitive offshore wind auctions for up to 2.5 GW are also planned for both 2025 and 2027.

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