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The Warsaw Voice » Business » January 26, 2012
Business & Economy
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Splashing Out on Wind Farms
January 26, 2012   
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More than zl.2.6 billion worth of new wind farms were launched in Poland in 2011. Portuguese, Spanish, German and Danish companies are leading the charge among those investing in wind power generation in Poland. Portugal’s EdP and Spain’s Iberdrola have each invested over zl.1 billion in this country.

Wind power generation is one of the fastest growing sectors, according to Wind Power in Poland, an annual report by the Polish Information and Foreign Investment Agency (PAIiIZ). At the end of September 2011, Poland’s wind power plants had a total capacity of 1,480 MW, over 370 MW more than a year earlier.

Even though Poland has some good wind conditions, especially in the northern parts of the country—including the Pomerania and Suwałki regions—Polish firms still lag far behind foreign giants in terms of wind power generation. Still, Polish energy company PGE is aiming big, planning to build off-shore wind farms on the Baltic Sea. Experts say it will take at least five years for the projects to be up and running.

The largest wind farm launched in Poland so far has a total capacity of 120 MW, but there are plans to build farms ranging from 300 to 500 MW. It costs around zl.7 million to build 1 MW of wind power in Poland and the average payback period is nine years, according to the PAiIZ report.

Wind power producers generate a third of their revenues from electricity sales, while two-thirds come from what are called green certificates. In Poland, producers receive 110 euros per 1 MWh, 20 euros more than in Germany, in green subsidies. L.Ż.
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