Country:Poland
Year:2009
Policy status:Ended
Jurisdiction:National
Date Effective:2009
Date Ended:31 December 2012
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans
Policy Target:Energy Sector>Electricity Generation>Renewable>Wind, Energy Sector>CHP, Energy Sector>Electricity Generation>Renewable, Energy Sector>Electricity Generation>Renewable>Bioenergy, Energy Sector>Electricity Generation>Renewable>Geothermal, Energy Sector>Electricity Generation>Renewable>Hydropower
Agency:National Fund for Environmental Protection and Water Management (NFOSiGW)
URL:http://www.nfosigw.gov.pl/en/
Legal References:Poland
Description:

Starting in 2009, the National Fund for Environmental Protection and Water Management (NFOSiGW) has made available special funding up to EUR 1.5 billion to support investment in and construction of renewable energy and high efficiency cogeneration facilities.

The fund classifies projects according to category;

  • 40% of the budget is reserved for biomass projects, comprising: Thermal power generation using biomass (below 20 MW thermal), CHP production under 3MW electric, or CHP using sewage or other waste sources;
  • 25% of the budget will be allocated to wind power projects under 10MWe;
  • 20% for geothermal projects or hydroelectric projects under 5MWe, and the remaining 15% for high efficiency CHP.

The programme will offer low-interest loans for projects with a minimum total cost of EUR 10 million. Loan amounts can range from EUR 4 to 50 million, up to 75% of the projects eligible costs, with a fixed 6% interest rate. Funding can be offered for up to 15 months following the first disbursement amount. A grace period of up to 18 months following project completion can be provided under certain circumstances. Under certain conditions, portions of the loan can be provided as grants.

Last modified: Wed, 10 Jul 2013 17:12:05 CEST