Continental Wind Partners has been operating in Poland since 2007. The company developed a portfolio of approximately 300 MW of high quality wind projects. All our sites were carefully selected with a view to ensuring outstanding wind conditions, community support and no significant intrusion on environmentally sensitive areas.
Unfortunately, the government slowly but steadily introduced uncertainty in the renewable energy regulatory framework from 2014 onwards that eventually made it unfeasible to build wind farms in the country. In 2014 the European Commission noted that the Polish Energy Strategy was outdated and did not fully comply with EU directives. A year later, the International Renewable Energy Agency (IRENA) published its unoptimistic estimate on the energy consumption from renewable energy sources by 2030 – only 15.5%. According to a panel of experts, this share could grow to 25% on condition that annual investments in renewable energy reach $4.5 billion. To be successful, these investments should be backed by a new set of policies aimed at distancing Poland from its coal-reliant energy system.
We remain optimistic about the long-term prospects of the renewable energy market in Poland. In the meantime, however, we have frozen our development activities in the country as the regulatory framework makes it impossible to finance and build large-scale wind farms.