Czech Republic needs to meet renewable energy development targets. Another support auction to open this year

The Ministry of Industry and Trade plans to launch another auction for renewable energy support this year. It should help meet targets for the supported volume of installed capacity, as none of the three auctions held so far has been fully subscribed.

Another auction for supported sources will take place in the Czech Republic this year. In the most recent one, investors competed for support for new wind and small hydropower plants, as well as for support to modernise electricity generation facilities using biogas. Three wind power projects and one small hydropower plant received support.

However, the first auction held this year, like all previous auctions, remained undersubscribed. In order to meet renewable energy development targets as set out in the government regulation defining the development of supported energy sources, one additional auction will be launched this year.

"This year, we announced one auction for operational support for electricity generation from renewable energy sources. This is a market-based principle of operational support required for these sources under European legislation. We are currently preparing a third auction for the capacity not awarded in previous calls, in line with Government Regulation No. 189/2022 Coll. We expect to publish this auction by the end of this year," René Neděla, deputy director general of the Energy and Nuclear Sources Section, told oEnergetice.cz.