In December 2020, the President of Energy Regulatory Office (“ ERO”) announced the results of all auctions for renewable energy sources (“ RES auctions”), which were conducted in November and December 2020. Below we present a brief summary of the RES auctions that took place in 2020. More than PLN 27.43 bn of funds were on offer at 8 auctions. PLN 25.83 bn was allocated to installations that will start generating electricity after the auctions (“ New Installations”) and only PLN 1.6 bn to installations that started generating electricity before 30 June 2016 and now wished to migra...