Analysis of the Results and Potential Cost of the Polish Capacity Market Auctions in 2018

The article presents results of first auctions of the Polish capacity market. Those results were analysed in terms of the number of individual types of Capacity Market Units (CMU), and then the percentage share of individual capital groups in the amount of contracted capacity was indicated. In addition, the potential cost of introducing the capacity market was calculated and compared with the potential cost originally assumed by the Ministry of Energy. The results of the auctions confirmed that the targets set in the Capacity Market Act will be achieved. Thanks to the capacity market financing, energy groups will want to build almost 5 GW of new generation capacity and almost 7.5 GW of existing generation capacity to be refurbished.