High-efficiency Gas Cogeneration – an Assessment of the Support Mechanism

Abstract

The development of a single European energy market implies the need to harmonise national laws and the directions of the sector’s growth to EU determinants. One of these elements was the introduction of a system to support the development of high-efficiency cogeneration, including gas cogeneration. Several years of the mechanisms’ performance allows for analysis of the advisability and correctness of the support model format, and assessment of its impact on the sub-sector’s development and the cost of its operation. Against the background of the support system introduction origins, the paper presents results of volumetric and price analyses, trends, and assessment of the balance of property rights and of the mechanism’s effectiveness.