Electricity market: the President of the URE announces final results of the supplementary Main Power Supply Market Auction for the supply period July 1 – December 31 of the current year
The auction was held by Polskie Sieci Elektroenergetyczne on May 15 of the current year, and it was completed in the first round by contracting 5.05 GW of capacity obligations. Due to the EU derogation, the auction was also open for the entities emitting more than 550 kg of CO2/MWh[1].
According to the notice published by the President of the URE, 73 bids won the auction. 39 of them were submitted by Polish entities, and 34 of them were submitted by foreign entities (from the Czech Republic, Slovakia, and Sweden). Nearly 1.44 GW of the contracted 5.05 GW was specified in capacity agreements signed with foreign entities.
The supplementary auction’s closing price amounted to 431 PLN/kW/year, which means that it achieved the maximum predetermined limit. The price of capacity obligations for foreign entities was slightly lower. For the Czech and Slovakian bids, it amounted to 415.83 PLN/kW/year, and for the Swedish bids, it amounted to 430.84 PLN/kW/year.
In April 2024, the President of the URE announced the results of the supplementary auctions for 2025. As a consequence, agreements were signed for 5.63 GW of capacity obligations (including 1.35 GW for the second half of 2025).
The main auction of the capacity market for the supply year 2025 was held on 14 December 2020. Consequently, nearly 2.37 GW of capacity obligations were contracted. Considering, however, the agreements associated with the main auctions held in 2021–2024 covering supplies for more than a year, capacity obligation agreements for 21.47 GW were signed for 2025.
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- A supplementary auction is held when the level of generating capacity offered under the main auction and under supplementary auctions for a given supply year is insufficient.
- Subsequent supplementary auctions are going to be held for the following periods: 1 January – 31 December 2026; 1 January – 31 December 2027; and 1 January – 31 December 2028.
[1] It was allowed owing to an amendment to the Capacity Market Act of 8 December 2017 (Journal of Laws of 2025, item 159). The President of the URE approved the changes made to the Capacity Market Regulations, adapting it to the said amendment.