This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the period 2016 ÷ 2025...
Update: June, 2017; We have a new version of this report for the 2024 - 2033 period. Please review it here: https://renewablemarketwatch.com/country-reports/europe/poland
Format: 1 file(s) (PDF report) in English language and 1 file(s) in MS Excel with data from charts and tables
Author: Renewable Market WatchTM
Pages: 124
Report production №: RMWIN349201685
Delivery: 24 - 48 hours by e-mail
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This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next 10 years period 2016 ÷ 2025. Poland is very interesting market due to its political and economic stability, high prices for electricity and heavy dependence on coal and lignite in power generation, which should be changed to comply with EU renewable policy. In view of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria Romania and Italy, Poland represents a stable investment environment in Central-East Europe. Current cumulative installed PV capacity in the country by the end of 2016 stays at below 200 MW and is insignificant, but this represents only potential for further growth if the Polish government finds suitable balance for its several times changed in recent years renewable energy policy. Is it possible Polish solar PV market to start growing sizeable in next years?
How the referential feed-in tariffs, feed-in premiums and auction scheme from 1st July 2016 will influence the photovoltaic market in Poland this and next years? The report provides a complete picture of the market situation, dynamics, current issues and future prospects. You will find more than 120 pages of valuable information in this unique in-depth analysis of the Polish photovoltaic (solar PV) market. With comprehensive market data this report brings clear and concise insights, to help investors in their decision making process. or your convenience we offer opportunity for orders with customized report content. Reasons to buy this market report are, but no limited to:
- Overview of the Polish political and economic environment
- Solar resource potential in Poland
- Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) Power Plant investment in Poland (IRR, WACC, Payback, NPV, Cash Flow, etc.)
- Over 55 charts, tables and maps
- Overview of Polish photovoltaic market development 2000 ÷ 2025
- Grid connected photovoltaic power installations for 2016
- Future market trends and planned photovoltaic projects for 2016 ÷ 2025
- Market prices of fully permitted and operational photovoltaic projects
- Polish legal and energy regulatory framework for renewable projects
- Key companies and competitive landscape in photovoltaic sector
- Review of most relevant financing and supporting incentives
- SWOT Analysis (detailed in 5 pages)
At next pages you will see the full table of content of this report. To order this report just click on the button "ADD TO CART". If you have any other questions please do not hesitate to call us on ++44 203 60 80 138 or write an e-mail to orders@renewablemarketwatch.com
TABLE OF CONTENTS 3
FOREWORD 8
1 METHODOLOGY AND LIMITATIONS 10
1.1 Research Methodology 10
1.2 Limitations 11
2 EXECUTIVE SUMMARY 12
2.1 Historical and Current Development Overview of Photovoltaic (Solar PV) Power Market in Poland 12
2.2 Poland Solar Resource Potential 12
2.3 Key Stakeholders Affecting Photovoltaic (Solar PV) Power Market Development in Poland 13
2.4 Market Drivers and Constraints 14
2.5 Auction (Tender) Procedure for Photovoltaic (Solar PV) Power Plants in Poland 14
2.6 Recent and Pending Changes in Renewable Energy Law in Poland 14
2.7 Market Forecast Summary 15
3 POLAND POLITICAL AND ECONOMIC ENVIRONMENT. PEST ANALYSIS 17
3.1 Basic Country Data 17
3.2 Political Climate and Ruling Party 21
3.3 GDP and Economic Growth 23
3.4 Taxes 27
3.4.1 VAT 27
3.4.2 Income and Corporate Taxes 27
4 CENTRAL-EAST EUROPE (CEE) AND SOUTH-EAST EUROPE (SEE) POWER MARKET 28
4.1 General Electricity Market information 28
4.2 Photovoltaics (Solar PV) in Energy Sector 34
4.3 Single Electricity Market 37
5 CENTRAL-EAST EUROPE (CEE) AND SOUTH-EAST EUROPE (SEE) PHOTOVOLTAIC (SOLAR PV) POWER MARKET 40
5.1 Market Overview 40
5.2 Cumulative Installed Photovoltaic (Solar PV) Capacity and Revenue 41
5.3 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue 42
5.4 Future Development Trends 43
6 POLAND POWER MARKET 44
6.1 Electricity Transmission and Distribution 44
6.2 Electricity Consumption and Generation 46
6.3 Electricity Imports and Exports 48
6.4 Electricity Prices for Business and Households 50
6.5 Renewable Energy Sources (RES) Targets 51
7 POLAND PHOTOVOLTAIC (SOLAR PV) POWER MARKET 53
7.1 Why Invest in Photovoltaic (Solar PV) Power in Poland? 53
7.2 Poland Solar Resource Potential 55
7.3 Licensing Period Duration 56
7.4 Regional Substation Capacities for Solar PV Power Projects in Poland 56
7.5 Overview of Photovoltaic (Solar PV) Power Market in Poland 56
7.6 Market Structure Analysis 60
7.7 Investment Trends and Development Roadmap 60
7.8 Competitive Environment in Photovoltaic (Solar PV) Power Market 61
7.9 Profiles of Key Players and Investors in Photovoltaic (Solar PV) Power Market 63
7.10 Cumulative Installed Photovoltaic (Solar PV) Capacity and Revenue 64
7.11 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue 65
7.12 Market Prices for Photovoltaic (Solar PV) Power Projects in Poland in Development, Ready to Build and Operational (Grid Connected) Condition 67
7.13 Key Cost Structure Elements of Photovoltaic (Solar PV) Power Plant in Poland 67
7.14 Levelized Cost of Energy (LCOE) for Photovoltaic (Solar PV) Power in Poland 68
7.15 Key Photovoltaic (Solar PV) Power Projects in Poland Under Development 68
7.16 Mergers and Acquisitions 73
8 DRIVERS AND CONSTRAINTS OF PHOTOVOLTAIC (SOLAR PV) MARKET IN POLAND. SWOT ANALYSIS 75
8.1 Market Drivers 75
8.2 Market Drivers Explained 75
8.3 Market Constraints 75
8.4 Market Constraints Explained 75
8.5 SWOT Analysis 76
9 FINANCIAL ANALYSIS OF PHOTOVOLTAIC (SOLAR PV) MARKET IN POLAND 79
9.1 Financing Options of Photovoltaic (Solar PV) Power Projects in Poland 79
9.2 Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) Power Plant investment in Poland (IRR, WACC, Payback, NPV, Cash Flow, ETC.) 84
10 TECHNOLOGY ANALYSIS 87
10.1 Photovoltaic (Solar PV) Technology Overview 87
10.2 Technology Trends 88
11 EUROPEAN RENEWABLE ENERGY POLICY LANDSCAPE 91
11.1 RES Regulations and EU Directives 91
11.1.1 Precedent EU regulations 91
11.1.2 Most recent EU renewable energy policy developments 91
12 POLAND RENEWABLE ENERGY SOURCES (RES) LEGAL AND REGULATORY FRAMEWORK 92
12.1 Main Laws and Regulations 92
12.2 Support Schemes 94
12.3 Green Certificates Trading 95
12.4 Recent and Pending Changes in Renewable Energy Law in Poland 95
12.5 Auction (Tender) Procedure for Photovoltaic (Solar PV) Power Plants in Poland 96
12.6 Zoning, Planning and Construction Related Authorizations 96
12.6.1 Zoning Plans Procedure 96
12.6.2 Building Permit (Construction License) Procedure 97
12.7 Environmental Related Authorizations 97
12.7.1 Natura 2000 Network 98
12.7.2 Clean Development Mechanism (CDM) and Joint Implementation (JI) 99
12.8 Energy Law Authorizations 99
12.8.1 Power Generation Licensing and Unlicensed Power Generation Below 1 MW 100
12.8.2 Grid Interconnection 101
12.8.3 Power Off-Take 101
12.8.4 Feed-in Tariff (FIT) 102
12.8.5 Green Certificates (Guarantees of Origin) 102
12.9 Future Market Pricing Mechanisms 103
13 KEY STAKEHOLDERS AFFECTING PHOTOVOLTAIC (SOLAR PV) POWER MARKET DEVELOPMENT IN POLAND 103
13.1 Government Stakeholders 103
13.2 Non-Government Stakeholders 107
13.3 Electricity Generation, Transmission System Operator (TSO) and Distribution System Operators (DSO’s) 108
14 CONCLUSIONS AND RECOMMENDATIONS 117
15 LIST OF ABBREVIATIONS 120
16 REFERENCES 122
17 DISCLAIMER 124
APPENDIX I. SOLAR RESOURCE MAPS OF EUROPE AND POLAND 125
Map 1: Where is Poland on the European Map 17
Map 2: Poland Road Network 18
Map 3: Poland Administrative Regions Map 20
Map 4: Poland Electricity Grids Network 46
Map 5: Solar Resource Map of Poland 54
Map 6: Solar Irradiation and Solar Electricity Potential for Optimally Inclined Photovoltaic Modules in Poland 55
MAP 7: Poland Natura 2000 Areas Map 98
MAP 8: Solar Irradiation and Solar Electricity Potential for Horizontally Mounted Photovoltaic Modules in Poland 125
Map 9: Solar Irradiation and Solar Electricity Potential for Horizontally Mounted Photovoltaic Modules in Poland 125
Map 10: Solar Irradiation and Solar Electricity Potential for Optimally Inclined Photovoltaic Modules in Europe 126
Chart 1: Poland Real GDP Growth for the Period 2000 ÷ 2025 (including forecast) 25
Chart 2: Poland GDP Growth Compared to EU-27 for the Period 2000 ÷ 2025 (including forecast) 26
Chart 3: Corporate Tax Income in Selected Central-East Europe (CEE) and South-East Europe (SEE) Countries 27
Chart 4: Physical Energy Flows Values in GW in Central-East Europe (CEE) and South-East Europe (SEE) in 2016 29
Chart 5: Share of Renewables in Electricity Generation in Selected Central-East Europe (CEE) and South-East Europe (SEE) Countries, 2016 (in %), EuroStat 31
Chart 6: Average Base Load Electricity Price in Selected European Countries (EUR/MWh): 2008 - 2016 32
Chart 7: Forecast for RES Generation Capacity by Source Type in the EU to 2020 and 2030 (in GW), ENTSO-E 33
Chart 8: Net Power Generation Added Capacities in the EU 28 in 2016 (MW), WindEurope, SolarPower Europe 34
Chart 9: Age of Power Plants in Europe in 2016; SolarPower Europe 35
Chart 10: Share of New Power Generation Capacities Added in the EU 28 in 2016 (MW), WindEurope 36
Chart 11: Installed Power Generating Capacity per Year (MW) and Renewable Share (in %) 2000 – 2016, WindEurope 36
Chart 12: New Installed and Decommissioned Power Generation Capacity in the EU 27 for 2016 (GW), WindEurope 37
Chart 13: Cumulative Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Central-East Europe (CEE) and South-East Europe (SEE) 2000 ÷ 2025, including forecast 41
Chart 14: Cumulative Revenue of Photovoltaic (Solar PV) Power Plants (in Millions USD) in Central-East Europe (CEE) and South-East Europe (SEE) 2000 ÷ 2025, including forecast 42
Chart 15: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Central-East Europe (CEE) and South-East Europe (SEE) 2000 ÷ 2025, including forecast 42
Chart 16: Annual Revenue of Photovoltaic (Solar PV) Power Plants (in Millions USD) in Central-East Europe (CEE) and South-East Europe (SEE) 2000 ÷ 2025, including forecast 43
Chart 17: Poland Power Market Structure 44
Chart 18: Share of RES electricity from Total Installed Power Capacity in Poland in 2016 46
Chart 19: Poland Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016 47
Chart 20: Poland Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 48
Chart 21: Electricity Imports and Exports in Poland 2000 ÷ 2025 (in TWh) including forecast 49
Chart 22: Poland Targets for Renewable Energy Sources by 2020 (in %) set by National Renewable Energy Action Plan (NREAP) 52
Chart 23: Cumulative Installed Capacity of Photovoltaic (Solar PV) Power Plants in Poland (in MW) 2000 ÷ 2025, including forecast 64
Chart 24: Cumulative Revenue of Photovoltaic (Solar PV) Power Plants in Poland (in Millions USD) 2000 ÷ 2025, including forecast 65
Chart 25: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants in Poland (in MW) 2000 ÷ 2025, including forecast 66
Chart 26: Annual Revenue of Photovoltaic (Solar PV) Power Plants in Poland (in Millions USD) 2000 ÷ 2025, including forecast 66
Chart 27: Levelized Cost of Energy (LCOE) for Photovoltaic (Solar PV) Power in Poland 68
Chart 28: PolSEFF Structure 80
Chart 29: Cumulative Cash Flows and Break-Even Point of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Poland 86
Chart 30: Photovoltaic (Solar PV) System Price Evolution (€/Wp) 1990 ÷ 2016 (BNEF, PV news, EU Commission – DG JRC, Roland Berger) 88
Chart 31: Market Shares by Sales of the Distribution System Operators in Poland in 2016 108
Chart 32: Corporate Governance Structure of PGE 110
Table 1: Electricity Prices for Business and Households 50
Table 2: Support Schemes for RES Generation in the EU Countries and Poland 53
Table 4: Market Prices for Photovoltaic (Solar PV) Projects in Poland for 2016 ÷ 2025 in Development, Ready to Build and Operational (Grid Connected) Condition 67
Table 5: Key Cost Structure Elements of Photovoltaic (Solar PV) Power Plant in Poland 68
Table 6: Database with Major Operational, Under Construction and Planned Photovoltaic (Solar PV) Projects in Poland 70
Table 7: Key Financial Parameters of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Poland 84
Table 8: Key Financial Viability Indicators of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Poland (IRR, NPV, Payback, Benefit-Cost) 85
Table 9: Project Costs and Savings (Income) Summary of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Poland 85
Table 10: Yearly Cash Flows of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Poland (Pre-tax, After-tax, Cumulative) 86
Table 11: Crystalline Module Price Trend in April 2017 89
Table 12: Green Certificates for Electricity from Renewable Energy Sources (RES) in Poland 103