The Ministry of Industry and Trade (MIT) has announced a call for bids in the auction for operating support for the production of electricity from renewable energy sources for modernised power plants using biogas energy with an installed capacity of the power plant after modernisation of 1 MW and above.  The deadline for submission of bids starts on 30 December 2024 and closes on 4 March 2025 for the following categories of plants and to the extent indicated:

• electricity generating plants using biogas (upgraded electricity generating plants) with an installed capacity after modernisation of 1 MW and above
• total value of the competing installed electrical capacity: 5 MWe
• maximum reference auction price: 4 000 CZK/MWh
• the amount of the financial security required for participation in the auction, which the bidder will prove by submitting a bank guarantee, is:
  • a total of CZK 300 000/MWe of the installed electrical capacity of the electricity generation plant specified in the bidder’s offer
  • the deadline for proving the first part of the financial security in the amount of 150 000 CZK/MWe is set until the deadline for submission of the offer, i.e. until 4 March 2025
• the requirements for electricity generating plants:
  • all requirements and rules arising from the SEA Act and related legislation

The support can be granted to power plants that will be put into operation by 31 December 2028 at the latest.

The full text of the call can be found here.

…

This material is for general information on current topics only, it is not advice. It does not take into account any special circumstances, financial situations or special requirements of the addressees. Recipients should therefore always seek appropriate professional services for the information provided. Notwithstanding the careful compilation of this material, bpv Braun Partners, its partners, associates or co-operating solicitors and tax advisers cannot guarantee the accuracy or completeness of the information contained herein and accepts no responsibility for acting or refraining from acting on the basis of the information contained in this material.