Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | December 2016
The Polish government published draft renewable energy regulations in November 2016, setting the maximum volume and value of electricity to be auctioned, and the order of auctions to be held in 2017. The details are set out below.
Context
Renewable energy sources in Poland have been developing at an uneven pace, with most growth in the wind sector. The Polish government is now going to focus on technologies relying on biogas, biomass and hydropower, and on solar (PV) installations (seen as important to the security of Poland’s energy supply, especially during the summer months). Certain types of installation will not be allotted anything in 2017: no auctions will be held in these categories – this includes wind farms that are already in operation.
The law
The Renewable Energy Sources Act, 2015 (Journal of Laws 2015, 478)
Categories of auction baskets
Installations |
Maximum |
Maximum |
---|---|---|
Capacity utilisation rate >3,504 MWh/MW per year |
1,659,047 MWh |
PLN 556,174,673 |
Capacity utilisation rate >3,504 MWh/MW per year |
784,122 MWh |
PLN 337,458,778 |
Capacity utilisation rate >3,504 MWh/MW per year |
10,502,338 MWh |
PLN 3,768,589,370 |
Installations | Maximum volume | Maximum value |
---|---|---|
Capacity utilisation rate >3,504 MWh/MW per year |
825,000 MWh
|
PLN 308,182,262 |
Capacity utilisation rate >3,504 MWh/MW per year |
540,000 MWh |
PLN 299,025,631 |
Installed capacity ˂1 MW |
8,190,000 MWh |
PLN 5,280,863,522 |
Installed capacity ˂1 MW |
4,725,000 MWh |
PLN 2,182,908,687 |
Capacity utilisation rate >3,504 MWh/MW per year |
10,500,000 MWh |
PLN 5,423,952,758 |
Capacity utilisation rate >3,504 MWh/MW per year |
540,000 MWh |
PLN 305,387,878 |
Installed capacity >1 MW |
3,510,000 MWh |
PLN 1,972,413,921 |
Installed capacity >1 MW |
5,175,000 MWh |
PLN 1,972,413,921 |
The government expects to see new capacities as a result of the new regulations types of installation:
Auctions will be aimed at existing biogas installations at landfills, biomass firing installations and small-scale hydropower plants. The focus is on those categories of renewable energy installation among which there is a high supply of projects (and therefore a high level of competition).
In 2017, auctions should follow the order set out below.
Installations |
---|
Capacity utilisation rate >3,504 MWh/MW per year |
Capacity utilisation rate >3,504 MWh/MW per year |
Installed capacity ˂1 MW |
Capacity utilisation rate >3,504 MWh/MW per year |
Installations |
---|
Installed capacity >1 MW |
Capacity utilisation rate >3,504 MWh/MW per year |
Capacity utilisation rate >3,504 MWh/MW per year |
Capacity utilisation rate >3,504 MWh/MW per year |
Capacity utilisation rate >3,504 MWh/MW per year |
Installed capacity ˂1 MW |
Installed capacity >1 MW |
Installed capacity >1 MW |
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
Publication
The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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