Clifford Chance
Substitute fees according to new rules – the Sejm adopted a minor amendment to the RES Act.
21 July 2017
The amendment is now awaiting the Senate's approval (or changes)
On 20 July 2017, the Sejm adopted - in a record time - a "minor" amendment to the Act on Renewable Energy Sources (the "RES Act"), which is to change the principle of calculation of the so-called unit substitute fee. The amendment had not been consulted with any representatives of the RES sector or the banks, notwithstanding the pending parallel consultations encompassing a comprehensive amendment to the RES Act.
