Clifford Chance
Green Certificates Not For Everyone - Surprises in the New Draft Act on RES
30 July 2012
Those who thought that the corridors of the Ministry of the Economy were empty during the summer holidays might have been surprised at the announcement made at Friday's press conference – namely that the Ministry has finished its work on the new version of the draft Act on Renewable Energy Sources (further referred to as the "Act on RES"). After the May conference, organised to lift the mood of investors, at which the Ministry withdrew most of the criticised solutions contained in the first draft of the act (announced in
December 2011), only the biggest optimists expected a new, complete draft before the end of the holidays. Yet, since Friday (27 July 2012) we have had a new draft Act on RES, which, according to Deputy Minister Mieczysław Kasprzak, awaits only a second round of inter-ministry consultations and final amendment by the Ministry of the Economy.
