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The New Renewable Energy Act introduces significant advantages for prosumers

On 20 February 2015 the Polish Parliament adopted a new Act on Renewable Energy Sources (hereinafter the RES Act) which aims to reduce the consumption of energy from traditional sources. It was signed by the President on 11 March, and promulgated in the Journal of Laws 2015 item 478 on 3 April. It will come into effect 30 days since the promulgation. Apart from regulations that are material from the point of view of energy trading, which will enter into force as early as on 1 May 2015, the Statue introduces regulations regarding mechanisms and instruments to support generation of electrical energy from renewable energy sources, agricultural biogas and heat in installations that renewable energy sources, which will become effective not until 1 January 2016.

The Act introduces significant advantages for prosumers, namely owners of small installations that produce energy from renewable energy sources, who generate the energy for their own use as well as sell its surplus to power companies. The new law is supposed to encourage individuals to build such installations, produce energy for their own needs and sell the surplus of generated electricity to power grids.

The new RES Act, after it will have been adopted, is likely to increase the interest in building new installations among prosumers and to change the method of energy trading by large enterprises. Irrespective of the Act, co-financing programmes to build and upgrade RES installations already function and are successfully implemented.

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