Poland commits to renewable energies in new energy legislation


Madrid, February 17, 2012: Poland is one of the most promising renewable energy markets in Europe. This was confirmed this week at an event organized by Cuatrecasas, Gonçalves Pereira’s Eastern Europe Group and Energy Group, in collaboration with independent Polish law firm DZP. The Polish embassy in Spain and the Polish-Spanish Chamber of Commerce also participated in the event.

Speakers explained to many clients and companies from the relevant sectors the legislative developments in the field of renewable energies, concerning both solar and wind energy, which the Polish government is expected to implement. This will represent new business opportunities for Spanish companies in this sector. The plans presented in December 2011 will modify how Poland supports renewable energies, distinguishing between the different kinds of energy and withdrawing the aid given to power plants operating since before 1997.

However, as Bartosz Marcinkowski, partner in DZP’s infrastructures and energy practice explained, “the new legislation does not change the basic aid for renewable energies based on the system of green certificates that companies commercializing renewable must acquire.”

Katarzyna Kuzma, managing partner of DZP’s Spanish Desk, highlighted that “The new regulation is not final, and we recommend that companies involved and interested in this market express their opinions, so the final regulation adapts to Spanish investors’ needs.”

Covadonga del Pozo, a partner in Cuatrecasas, Gonçalves Pereira’s environment and energy practices, and the event’s moderator, stated that “This reform in Poland is an interesting opportunity for Spain, as leader in the renewable energy sector, to export its knowledge to developing markets. Law firms such as Cuatrecasas, Gonçalves Pereira, in collaboration with DZP, will be there to help our clients explore these new opportunities.”

Spanish companies have been present in the Polish market almost since its beginnings and, thanks to their extensive experience in Spanish and international markets, have become a reference in the Polish renewable energies market. Miroslaw Weglarczyk, head of commerce and investment at the Polish embassy in Madrid, stated that “Spain is a first-class strategic partner for Poland, with an Agreement of Privileged Relationships. Also, the energy projects will be key to strengthen the business relationship between the two countries. Poland will undoubtedly offer new and attractive opportunities for future business in this field.”