Biomass Power in China, Market Outlook to 2025, 2013 Update – Capacity, Generation, Levelized Cost of Energy, Investment Trends, Regulations and Company Profiles

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Date: 30-Nov-2013
No. of pages: 125
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“Biomass Power in China, Market Outlook to 2025, 2013 Update Capacity, Generation, Levelized Cost of Energy, Investment Trends, Regulations and Company Profiles” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the biomass power market in China. The report provides in depth analysis on global renewable power market and global biomass power market with forecasts up to 2025. The report analyzes the power market scenario in China (includes thermal conventional, nuclear, large hydro and renewables) and provides future outlook with forecasts up to 2025. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2025. The report highlights installed capacity, power generation, biopower market segmentation based on feedstock and number of homes powered during 2001-2025 in China biomass power market. The research analyzes deals, investment trends and levelized cost of energy (LCOE) for biomass power in China during 2012-2025. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to biomass market development is provided in the report. The research also provides company snapshots of some of the major market participants

The report is built using data and information sourced from proprietary databases, secondary research and in-house analysis by GlobalData’s team of industry experts.

Scope

The report analyses global renewable power market, global biomass power market, China power market, China renewable power market and China biomass power market. The scope of the research includes -

  • A brief introduction on global carbon emissions and global primary energy consumption.
  • Historical period is during 2001-2012 (unless specified) and forecast period is for 2013-2025.
  • An overview on global renewable power market, highlighting installed capacity trends, generation trends and installed capacity split by various renewable power sources.
  • Renewable power sources include wind (includes both onshore and offshore), solar photovoltaic (PV), concentrated solar power (CSP), small hydropower (SHP), biomass, biogas and geothermal.
  • Detailed overview on the global biomass power market with installed capacity and generation trends, installed capacity split by region in 2012, installed capacity split by major biomass power countries in 2012, investment trends (2012-2025), feedstock analysis (2012-2017) and detailed cost analysis which includes LCOE comparison among major countries.
  • Power market scenario in China and provides detailed market overview, installed capacity and power generation trends by various fuel types (includes thermal conventional, nuclear, large hydro and renewables) with forecasts up to 2025.
  • An overview on China renewable power market, highlighting installed capacity trends (2001-2025), generation trends(2001-2025) and installed capacity split by various renewable power sources in 2012.
  • Detailed overview of China biomass power market with installed capacity and generation trends, investment trends (2012-2025), number of homes powered (2001-2025), biopower market segmentation based on feedstock (2012-2017) and LCOE for biomass power during 2012-2025.
  • Deal analysis of China biopower market. Deals are analyzed on the basis of mergers, acquisitions, partnership, asset finance, debt offering, equity offering, private equity (PE) and venture capitalists (VC).
  • Key policies and regulatory framework supporting the development of renewable power sources in general and biopower in particular.
  • Company snapshots of some of the major market participants in the country.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -

  • Identify key growth and investment opportunities in China biomass power market.
  • Facilitate decision-making based on strong historic and forecast data for biomass power market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Develop strategies based on the latest regulatory events.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy and prospects.

Biomass Power in China, Market Outlook to 2025, 2013 Update – Capacity, Generation, Levelized Cost of Energy, Investment Trends, Regulations and Company Profiles

Table of Contents

1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 8

2 Executive Summary 10
2.1 Global Carbon Emissions Continue to Increase from 2010 after a Slight Dip in 2009 10
2.2 Global Power Market - Increasing Focus on Clean Technologies 10
2.3 Government Support will Continue to Foster the Growth of the Global Renewable Power Market 10
2.4 Global Biomass Power Market - Moderate Growth Expected During 2012-2025 11
2.5 China to Nearly Double its Renewable Market Share from 13% in 2012 to 25% by the Year 2025 12
2.6 China Biomass Power Market- Rapid Growth Expected During 2012-2025 12

3 Introduction 13
3.1 Carbon Emissions, Global, mmt, 2001-2012 13
3.2 Primary Energy Consumption, Global, mtoe, 2001-2025 15
3.3 Biopower Market, Technology Analysis 17
3.3.1 Biopower Market, Feedstock Conversion Processes 18
3.3.2 Biopower Market, Primary Energy Conversion and Recovery Technology 19
3.4 Report Guidance 22

4 Renewable Power Market, Global, 2001 - 2025 23
4.1 Renewable Power Market, Global, Overview 23
4.2 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2001-2025 24
4.3 Renewable Power Market, Global, Power Generation by Source Type, 2001-2025 25
4.4 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2012 vs. 2025 27
4.5 Renewable Power Market, Global, Net Capacity Additions by Source Type, 2013-2025 28
4.6 Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2012 - 2025 30
4.7 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2012-2025 31
4.8 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources, $/kWh, 2012-2013 33

5 Biomass Power Market, Global, 2001-2025 35
5.1 Biomass Power Market, Global, Overview 35
5.2 Biomass Power Market, Global, Market Forces Analysis 35
5.2.1 Biomass Power Market, Global, Key Drivers 35
5.2.2 Biomass Power Market, Global, Key Restraints and Challenges 36
5.3 Biomass Power Market, Global, Installed Capacity, 2001-2025 37
5.3.1 Biomass Power Market, Global, Installed Capacity Share by Region, 2012 and 2025 38
5.3.2 Biomass Power Market, Global, Installed Capacity Share by Country, 2012 and 2025 41
5.4 Biomass Power Market, Global, Net Capacity Additions by Country, 2013-2025 44
5.5 Biomass Power Market, Global, Comparison between Key Countries Based on Installed Capacity, 2012-2025 45
5.6 Biomass Power Market, Global, Power Generation, 2001-2025 46
5.6.1 Biomass Power Market, Global, Generation Share by Region, 2012 and 2025 47
5.6.2 Biomass Power Market, Global, Generation Share by Country, 2012 and 2025 48
5.7 Biomass Power Market, Global, Investment Trends, 2013-2015 50
5.8 Biomass Power Market, Global, Cost Break-up, %, 2012 51
5.9 Biomass Power Market, Global, LCOE in Major Countries, $/kWh, 2012 52
5.10 Biopower Market, Global, Installed Capacity Share by Segment, 2012-2017 53
5.10.1 Biopower Market, Europe, Installed Capacity Share by Segment, 2012-2017 54
5.10.2 Biopower Market, North America, Installed Capacity Share by Segment, 2012-2017 55
5.10.3 Biopower Market, Asia-Pacific, Installed Capacity Share by Segment, 2012-2017 56
5.10.4 Biopower Market, South and Central America, Installed Capacity Share by Segment, 2012-2017 57

6 Power Market, China, 2001-2025 58
6.1 Power Market, China, Overview 58
6.2 Power Market, China, Cumulative Installed Capacity by Fuel Type, 2001-2025 58
6.3 Power Market, China, Power Generation by Fuel Type, GWh, 2001-2025 60
6.4 Power Market, China, Net Capacity Additions by Fuel Type, 2013-2025 62
6.5 Power Market, China, Comparison of Technologies Based on Installed Capacity, 2012-2025 63
6.6 Power Market, China, Comparison of Technologies Based on Power Generation, 2001-2025 65

7 Renewable Power Market, China, 2001-2025 67
7.1 Renewable Power Market, China, Overview 67
7.2 Renewable Power Market, China, Cumulative Installed Capacity by Source Type, 2001-2025 67
7.3 Renewable Power Market, China, Power Generation by Source Type, 2001-2025 69
7.4 Renewable Power Market, China, Cumulative Installed Capacity by Source Type, 2012 vs. 2025 71
7.5 Renewable Power Market, China, Net Capacity Additions by Source Type, 2013-2025 72
7.6 Renewable Power Market, China, Comparison among Renewable Power Sources, Cumulative Installed Capacity, MW, 2012-2025 74
7.7 Renewable Power Market, China, Comparison among Renewable Power Sources, Power Generation, GWh, 2012-2025 76
7.8 Renewable Power Market, China, LCOE Comparison, $/kWh, 2012 77

8 Biomass Power Market, China, 2001-2025 79
8.1 Biomass Power Market, China, Overview 79
8.2 Biomass Power Market, China, Installed Capacity, 2001 - 2025 79
8.3 Biomass Power Market, China, Power Generation, 2001 - 2025 81
8.4 Biomass Power Market, China, Investment Trends, 2013-2025 83
8.5 Biomass Power Market, China, LCOE, $/kWh, 2012-2025 85
8.6 Biomass Power Market, China, Homes Powered, 2001-2025 87
8.7 Biopower Market, China, Installed Capacity Share by Segment, 2012-2017 89
8.8 Biopower Market, China, Deal Analysis 90
8.8.1 Biopower Market, China, Deal Volume vs. Deal Value, 2007-2012 90
8.8.2 Biopower Market, China, Split by Deal Type, 2012 91
8.8.3 Biopower Market, China, Asset Finance Deals, India vs. Asia Pacific vs. Global, 2012 92

9 Renewable Energy Regulatory Framework, China 93
9.1 Renewable Energy Regulatory Framework, China, Overview 93
9.2 Renewable Energy Policy Framework, China, Major Policies and Incentives 95
9.2.1 Renewable Energy Law 97
9.2.2 International Science and Technology Cooperation Program for New and Renewable Energy 100
9.2.3 Shandong Province Village Renewable Energy Regulations 101
9.2.4 Medium and Long-term Development Plan for Renewable Energy 101
9.2.5 The 12th Five-Year Plan 102
9.2.6 New Carbon Intensity Target 102
9.2.7 China to Join IRENA 102
9.3 Financial Incentives and Policy Support for Bioenergy, China 102
9.3.1 Feed-in Tariffs for Biomass 102
9.3.2 Support for Biogas Projects 102
9.3.3 National Rural Biogas Construction Plan 2003-2010 103
9.3.4 Financial Incentives for Ethanol 103
9.3.5 Banning of Grain-based Ethanol 103
9.3.6 Provincial Development 104
9.4 Financial Incentives and Policy Support for Energy Efficiency, China 104
9.4.1 Green Lighting 104
9.4.2 Subsidy for Bulk Purchase of CFL 104
9.4.3 National Building Energy Standard 105
9.4.4 Efficiency Upgrade for Appliance Production and Public Lighting 105
9.4.5 Energy Conservation in Buildings 105

10 Biomass Power Market, China, Company Profiles 106
10.1 Company Snapshot: China Holdings, Inc. 106
10.1.1 China Holdings, Inc., Company Overview 106
10.1.2 China Holdings, Inc., Business Overview 106
10.1.3 China Holdings, Inc., Major Products and Services 107
10.1.4 China Holdings, Inc., SWOT Analysis 108
10.2 Company Snapshot: GCL-Poly Energy Holdings Ltd. 112
10.2.1 GCL-Poly Energy Holdings Ltd., Company Overview 112
10.2.2 GCL-Poly Energy Holdings Ltd., Business Overview 113
10.2.3 GCL-Poly Energy Holdings Ltd., Major Products and Services 114
10.2.4 GCL-Poly Energy Holdings Ltd., SWOT Analysis 114
10.3 Company Snapshot: National Bio Energy Co., Ltd. 119
10.3.1 National Bio Energy Co., Ltd., Major Products and Services 119
10.4 Company Snapshot: Wuhan Kaidi Holding Investment Co., Ltd. 119
10.4.1 Wuhan Kaidi Holding Investment Co., Ltd., Company Overview 119
10.4.2 Wuhan Kaidi Holding Investment Co., Ltd., Major Products and Services 120

11 Appendix 121
11.1 Abbreviations 121
11.2 Market Definitions 122
11.3 Methodology 123
11.3.1 Secondary Research 123
11.3.2 Primary Research 123
11.3.3 Modeling and Forecasting 123
11.3.4 Market Estimates and Assumptions 124
11.4 Disclaimer 125

List of Tables

Table 1: Carbon Emissions, Global (mmt), 2001-2012 15
Table 2: Primary Energy Consumption, Global (mtoe), 2001-2025 17
Table 3: Biopower Market, Primary Energy Conversion and Recovery Technologies, Comparison 19
Table 4: Biopower Market, Primary Energy Conversion and Recovery Technologies, Future Developments 21
Table 5: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2001-2025 25
Table 6: Renewable Power Market, Global, Power Generation by Source Type (GWh), 2001-2025 27
Table 7: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2012 vs. 2025 28
Table 8: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2013-2025 29
Table 9: Renewable Power Market, Global, Source Comparison Based on Installed Capacity, 2012-2025 31
Table 10: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2012-2025 32
Table 11: Renewable Power Market, Global, Assumptions for LCOE Calculation 33
Table 12: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2012-2013 34
Table 13: Biomass Power Market, Global, Installed Capacity (MW), 2001-2025 38
Table 14: Biomass Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2012 and 2025 39
Table 15: Biomass Power Market, Global, Annual Installed Capacity Share by Region (%), 2012 40
Table 16: Biomass Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2012 and 2025 42
Table 17: Biomass Power Market, Global, Annual Installed Capacity Share by Country (%), 2012 43
Table 18: Biomass Power Market, Global, Net Capacity Additions by Country (MW), 2013-2025 44
Table 19: Biomass Power Market, Global, Comparison between Key Countries Based on Installed Capacity, 2012-2025 45
Table 20: Biomass Power Market, Global, Power Generation (GWh), 2001-2025 47
Table 21: Biomass Power Market, Global, Generation Share by Region (%), 2012 and 2025 48
Table 22: Biomass Power Market, Global, Generation Share by Country (%), 2012 and 2025 49
Table 23: Biomass Power Market, Global, New Investment, $m, 2012-2025 51
Table 24: Biomass Power Market, Global, LCOE in Major Countries, $/kWh, 2012 52
Table 25: Biopower Market, Global, Installed Capacity Share by Segment (%), 2012-2017 53
Table 26: Biopower Market, Europe, Installed Capacity Share by Segment (%), 2012-2017 54
Table 27: Biopower Market, North America, Installed Capacity Share by Segment (%), 2012-2017 55
Table 28: Biopower Market, Asia-Pacific, Installed Capacity Share by Segment (%), 2012-2017 56
Table 29: Biopower Market, South and Central America, Installed Capacity Share by Segment (%), 2012-2017 57
Table 30: Power Market, China, Cumulative Installed Capacity by Fuel Type (MW), 2001-2025 60
Table 31: Power Market, China, Total Power Generation by Fuel Type (MW), 2001-2025 62
Table 32: Power Market, China, Net Capacity Additions by Fuel Type (MW), 2013-2025 63
Table 33: Power Market, China, Comparison of Technologies Based on Installed Capacity, 2012-2025 64
Table 34: Power Market, China, Comparison of Technologies based on Power Generation, 2001-2025 66
Table 35: Renewable Power Market, China, Cumulative Installed Capacity by Source Type (MW), 2001-2025 69
Table 36: Renewable Power Market, China, Power Generation by Source Type (GWh), 2001-2025 71
Table 37: Renewable Power Market, China, Cumulative Installed Capacity by Source Type (%), 2012 vs. 2025 72
Table 38: Renewable Power Market, China, Net Capacity Additions by Source Type (MW), 2013-2025 74
Table 39: Renewable Power Market, China, Comparison among Renewable Power Sources, Cumulative Installed Capacity, MW, 2012-2025 75
Table 40: Renewable Power Market, China, Comparison among Renewable Power Sources, Power Generation, GWh, 2012-2025 77
Table 41: Renewable Power Market, China, LCOE ($/kWh), 2012 78
Table 42: Biomass Power Market, China, Installed Capacity (MW), 2001 - 2025 81
Table 43: Biomass Power Market, China, Power Generation (GWh), 2001 - 2025 83
Table 44: Biomass Power Market, China, New Investment, $m, 2012-2025 84
Table 45: Biomass Power Market, China, Assumptions for LCOE Calculation 85
Table 46: Biomass Power Market, China, LCOE ($/kWh), 2012-2025 86
Table 47: Biomass Power Market, China, Homes Powered, Millions, 2001-2025 88
Table 48: Biopower Market, China, Installed Capacity Share by Segment (%), 2012-2017 89
Table 49: Biopower Market., China, Deal Volume vs. Deal Value ($m), 2007-2013 90
Table 50: Biopower Market, China, Split by Deal Type (%), 2012 91
Table 51: Biopower Market, China, Asset Finance Deals, India vs. Asia Pacific vs. Global, 2012 92
Table 52: Major Renewable Energy Law Implementation Timelines, China, 2012 95
Table 53: Renewable Energy Law, China, Major Regulations, 2005-2006 98
Table 54: Renewable Energy Targets, China, 2015 and 2020 99
Table 55: China Holdings, Inc., Major Products and Services 108
Table 56: China Holdings, Inc., SWOT Analysis 108
Table 57: GCL-Poly Energy Holdings Ltd., Major Products and Services 114
Table 58: GCL-Poly Energy Holdings Ltd., SWOT Analysis 114
Table 59: National Bio Energy Co., Ltd., Major Products and Services 119
Table 60: Wuhan Kaidi Holding Investment Co., Ltd., Major Products and Services 120
Table 61: Abbreviations 121
Table 62: LCOE Calculation, Discount Rates by Technology 124

List of Figures

Figure 1: Biomass Power Market, Global, Cumulative Installed Capacity (MW), 2001-2025 11
Figure 2: Biomass Power Market, China, Cumulative Installed Capacity (MW), 2001-2025 12
Figure 3: Carbon Emissions, Global (mmt), 2001-2012 14
Figure 4: Primary Energy Consumption, Global (mtoe), 2001-2025 16
Figure 5: Biopower Market, Primary Energy Conversion and Recovery Technologies, Major Vendors 20
Figure 6: Biopower Market, Primary Energy Conversion and Recovery Technologies, Major Challenges 21
Figure 7: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2001-2025 24
Figure 8: Renewable Power Market, Global, Power Generation by Source Type (GWh), 2001-2025 26
Figure 9: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2012 vs. 2025 28
Figure 10: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2013-2025 29
Figure 11: Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2012 - 2025 30
Figure 12: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2012-2025 32
Figure 13: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2012-2013 34
Figure 14: Biomass Power Market, Global, Installed Capacity (MW), 2001-2025 37
Figure 15: Biomass Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2012 and 2025 39
Figure 16: Biomass Power Market, Global, Annual Installed Capacity Share by Region (%), 2012 40
Figure 17: Biomass Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2012 and 2025 41
Figure 18: Biomass Power Market, Global, Annual Installed Capacity Share by Country (%), 2012 43
Figure 19: Biomass Power Market, Global, Net Capacity Additions by Country (MW), 2013-2025 44
Figure 20: Biomass Power Market, Global, Comparison between Key Countries Based on Installed Capacity, 2012-2025 45
Figure 21: Biomass Power Market, Global, Power Generation (GWh), 2001-2025 46
Figure 22: Biomass Power Market, Global, Generation Share by Region (%), 2012 and 2025 48
Figure 23: Biomass Power Market, Global, Generation Share by Country (%), 2012 and 2025 49
Figure 24: Biomass Power Market, Global, New Investment, $m, 2012-2025 50
Figure 25: Biomass Power Market, Global, Cost Break-up, %, 2012 51
Figure 26: Biomass Power Market, Global, LCOE in Major Countries, $/kWh, 2012 52
Figure 27: Biopower Market, Global, Installed Capacity Share by Segment (%), 2012-2017 53
Figure 28: Biopower Market, Europe, Installed Capacity Share by Segment (%), 2012-2017 54
Figure 29: Biopower Market, North America, Installed Capacity Share by Segment (%), 2012-2017 55
Figure 30: Biopower Market, Asia-Pacific, Installed Capacity Share by Segment (%), 2012-2017 56
Figure 31: Biopower Market, South and Central America, Installed Capacity Share by Segment (%), 2012-2017 57
Figure 32: Power Market, China, Cumulative Installed Capacity by Fuel Type (MW), 2001-2025 59
Figure 33: Power Market, China, Total Power Generation by Fuel Type (MW), 2001-2025 61
Figure 34: Power Market, China, Net Capacity Additions by Fuel Type (MW), 2013-2025 63
Figure 35: Power Market, China, Comparison of Technologies Based on Installed Capacity, 2012-2025 64
Figure 36: Power Market, China, Comparison of Technologies based on Power Generation, 2001-2025 65
Figure 37: Renewable Power Market, China, Cumulative Installed Capacity by Source Type (MW), 2001-2025 68
Figure 38: Renewable Power Market, China, Power Generation by Source Type (GWh), 2001-2025 70
Figure 39: Renewable Power Market, China, Cumulative Installed Capacity by Source Type (%), 2012 vs. 2025 72
Figure 40: Renewable Power Market, China, Net Capacity Additions by Source Type (MW), 2013-2025 73
Figure 41: Renewable Power Market, China, Comparison among Renewable Power Sources, Cumulative Installed Capacity, MW, 2012-2025 75
Figure 42: Renewable Power Market, China, Comparison among Renewable Power Sources, Power Generation, GWh, 2012-2025 76
Figure 43: Renewable Power Market, China, LCOE ($/kWh), 2012 77
Figure 44: Biomass Power Market, China, Installed Capacity (MW), 2001 - 2025 80
Figure 45: Biomass Power Market, China, Power Generation (GWh), 2001 - 2025 82
Figure 46: Biomass Power Market, China, New Investment, $m, 2013-2025 84
Figure 47: Biomass Power Market, China, LCOE Range ($/kWh), 2012-2025 85
Figure 48: Biomass Power Market, China, Homes Powered, Millions, 2001-2025 87
Figure 49: Biopower Market, China, Installed Capacity Share by Segment (%), 2012-2017 89
Figure 50: Biopower Market, China, Deal Volume vs. Deal Value ($m), 2007-2012 90
Figure 51: Biopower Market, China, Split by Deal Type (%), 2012 91
Figure 52: Biopower Market, China, Asset Finance Deals, India vs. Asia Pacific vs. Global, 2012 92
Figure 53: Renewable Power Market, China, Impact Analysis of Major Policies, 2004-2012 94
Figure 54: Renewable Power Market, China, Policy Impact on Applicable Renewable Power Sources 95

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  • Turkey Renewables Report Q2 2015
    Published: 11-Feb-2015        Price: US $1295 Onwards        Pages: 40
    BMI View: Turkey will remain committed to its renewable energy expansion plans in order to reduce fuel import costs at a time when power consumption in the country is set to surge and the lira continues to depreciate. Wind will drive the renewables expansion; but we highlight that the upsides are mounting for growth in solar capacity. Despite the dominance of thermal generated electricity, Turkey's renewables sector presents significant growth potential across most technologies, including wind, ......
  • Poland Renewables Report Q2 2015
    Published: 4-Feb-2015        Price: US $1295 Onwards        Pages: 41
    BMI View: Poland's reluctance to adopt stringent EU emissions targets for 2030 sends warning signals to potential investors in the country's renewables industry. Poland's wavering support for renewable energy and - by extension - the uncertain regulatory environment has long been a key concern, undermining the long-term growth prospects of the sector. This uncertainty is reflected in what was believed to be, in April 2014 the final approval by the Polish government of the RES law: on the contrar......
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