Transcript Slajd 1

Doing Business and Investing in Renewable Energy
in Poland
Monika Slomka
Deputy Director
Foreign Investment Department
Århus, 1 June 2010
1
Poland - Key Facts
Area:
312 700 sq km – 6th in European Union
Population:
38,12 million –
Currency:
Polish Zloty (1 EUR ~ 4.0 PLN)
GDP:
EUR 469 billion (PPP, 2008)
GDP per capita:
EUR 14,400 (PPP, 2008)
GDP growth:
6.7% (2007), 5% (2008), 1.7% (2009)
Membership:
EU, NATO, OECD, WTO, Schengen Zone
6th in European Union
Competitive Advantages
Location & economic fundamentals
 strategic location in continental Europe
 part of trans-European transportation corridor
 the only country of the EU with positive GDP
growth in 2009
 38 million consumers
1000 km radius
250 mn people
Labor force
 young, well-educated work force
 ca 11% of university students in the EU
 more universities & high education schools
than in China
 increasing labour productivity
Investment incentives
14 Special Economic Zones
 grants co financed from the EU (EUR 90 bn)
2000 km radius
550 mn people
European GDP growth 2009
GDP growth - 2009
GDP contraction
(OECD forecast, November 2009)
Stable economic situation
• GDP growth in 2009 : 1.7% in Poland vs -4.2% in EU (forecast)
• Current GDP growth in Poland:
Q1 2009 – 0.8%
Q2 2009 – 1.1%
Q3 2009 – 1.7%
Q4 2009 – 3%
• Inflation
annual (2009): 4.0% vs. 1.0% in EU
%
2.9% in February 2010 (y-o-y)
• Main drivers of economic growth:
strong contribution of net exports
households spending: 2.3%
construction sector: 4.1%
GDP growth
EU27
7
Zone Euro
Poland
5
3
1
-1
-3
-5
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
Unemployment rate
over 20%
04/2010
12.3%
20
10
Source: Central Statistical Office 2009
10
20
09
20
08
20
07
20
06
20
05
20
04
20
03
20
20
02
0
Unemployment and average gross wages
January 2010 (in PLN)
over 4000 (PLN)
Pomorskie province
• 110 thous. unemployed
• 3193 PLN (-1.27%)
Poland
• 2 052 thous. unemployed
• average wage: 3231 PLN
• y-o-y change: +0.54%
Kujawsko-Pomorskie
• 144 thous. unemployed
• 2714 PLN (+0.26%)
Warmińsko-Mazurskie
• 118 thous. unemployed
• 2634 PLN (+3.66%)
2800 – 3999 (PLN)
Gdańs
k
2500 – 2799 (PLN)
Szczecin
Zachodniopomorskie
• 116 thous. unemployed
• 2917 PLN (+0.4%)
Bydgoszcz
Toruń
Wielkopolskie province
• 146 thous. unemployed
• 2952 PLN (+2.46%)
Lubuskie province
• 68 thous. unemployed
• 2650 PLN (+3.6%)
Podlaskie province
• 67 thous. unemployed
• 2712 PLN (+2.77%)
Olsztyn
Białystok
Warszawa
Poznań
Zielona Góra
Dolnośląskie province
• 159 thous. unemployed
• 3196 PLN (+0.9%)
Opolskie province
• 52 thous. unemployed
• 2873 PLN (+2.17%)
Source: CSO; PAIiIZ compilation.
Mazowieckie province
• 242 thous. unemployed
• 4053 PLN (-0.44%)
Łódź
Wrocław
Lublin
Opole
Katowice
Lubelskie province
• 127 thous. unemployed
• 2619 PLN (-0.76%)
Świętokrzyskie province
• 90 thous. unemployed
• 2686 (+1.1%)
Kielce
Rzeszów
Kraków
Śląskie province
• 183 thous. unemployed
• 3290 PLN (-3.4%)
Łódzkie province
• 140 thous. unemployed
• 2841 PLN (+4.49%)
Podkarpackie province
• 151 thous. unemployed
• 2634 PLN (+4.15%)
Małopolskie province
• 142 thous. unemployed
• 2946 PLN (+0.24%)
The inflow of FDI to CEE countries in 2009
(bn EUR)
1,24
9,9
7,93
0,17
-86%
LITHUANIA
8,4
9,5
2,74
4,89
-16%
-65%
POLAND
CZECH REPUBLIC
-48%
3,4
ROMANIA
2
-41%
HUNGARY
Source: National Bank of Poland, Wprost, 2010
2008 2009
Services and Manufacturing Hub in Poland (1)
Automotive
White goods
Electronics
Services and Manufacturing Hub in Poland (2)
Aviation
BPO
R&D
What are the opportunities in RES?
Hydroenergy
Biomass
Biogas
New investments needed !!!
Wind
Solar Energy
Liquid Biofules
Types of RES projects for years 2007-2013 – I&E OP
Investments adjusting enterprises to environment protection standards
Air protection
BAT
Solid waste from production
Effective energy distribution
Production of energy from RES
Development of industry for RES
Production of bio fuels from RES
Cogeneration
Thermo-modernization of premises
Incentives for RES in Poland
• Certificates of Origin (Green Certificates)
• Obligatory percentage of green energy in electricity sold –
quota system
• Priority access of green energy producers to transmission
network
• Reduced fee (50%) for grid connection
• Preferential loans
• EU Funds
Forms of state aid in Poland
I.
Government grants through individual negotiations
individually approved and granted by the
Ministry of the Economy based on the
Council of Ministers’ Resolution
II.
CIT exemption in Special Economic Zone
only available in Special Economic Zone (SEZ)
III.
Real estate tax exemption
subject to negotiation with the local authorities
only in case if the investor is the owner of the building
(provided by the Commune Council)
IV.
Cash grants available through EU Funds
subject to negotiation with different managing
institutions depending on the investment project key parameters
All above presented instruments can be combined together however the total amount
of state aid cannot exceed the maximum aid intensity
Regional Aid Map in Poland 2007-2013
40%
50%
40%
50%
40% till 2010
30% as of 2011
50%
50%
40%
Warszawa City
30 %
+ 10% for medium
enterprises
(max. 60%)
50%
40%
50%
50%
50%
40%
50%
+ 20% for small
enterprises
(max. 70%)
50%
More than EUR 87 billion in 2007-2013
Operational Programmes will be financed from the EU Funds
(more than EUR 67 bn) and Polish contribution (over EUR 20 bn)
25%
41%
1%
1%
4%
13%
15%
Infrastructure and Environment
Human Capital
Innovative Economy
Development of Eastern Poland
Programmes of the European Territorial Cooperation Objective
Technical Assistance
Regional Operational Programmes
I&E OP- measure 10.3 Development of industry based on
renewable sources of energy
Supported projects:
Construction of plants producing equipment for the generation of:
• electricity from wind, water in small water power plants of up to 10 MW,
biogas and biomass,
• heat using biomass as well as geothermal and solar energy,
• electricity and heat in cogeneration using only biomass or geothermal
energy,
• biocomponents and biofuels which are fuel in its own right, excluding
equipment used for the purposes of production of biofuels constituting
• mixtures with petroleum-derivative fuels, pure vegetable oil, as well as for
the production of bioethanol from agricultural products.
Minimum value of the project:
PLN 20 million
Maximum amount of support:
30% of total eligible expenditure but no more than PLN 30 million
I&E OP- Measure 9.4 Generation of energy from renewable
sources
Supported projects:
• construction of a wind farm,
• construction of a water power plant up to 10 MW,
• construction of a power plant using biomass or biogas,
• construction of a geothermal heating plant,
• installation of solar collectors.
Minimum value of the project:
• PLN 10 million for investment projects involving generation of electricity from
biomass or biogas, as well as construction or reconstruction of small water power
plants,
• PLN 20 million, for all other projects.
Minimum support:
PLN 40 mln
OP IE – Measure 4.4 – Support for investment of high
innovative potential
Investment projects (including necessary training and consultancy activities)
involving a purchase or implementation of new (applied for no longer than 3
years in the world or whose level of dissemination throughout the world in a
given industry does not exceed 15%) technological solutions in production
and services including those leading to a reduction in the harmful
environmental impact or provision of services resulting in a creation of a new
or substantially improved product or service
Value of eligible expenditure:
No less than PLN 8 million and no more than PLN 160 million
Maximum level of support granted:
 for the investment-related part: PLN 40 million
 for consultancy services: PLN 1 million
 for the training-related part: PLN 1 million
OP IE – Measure 4.5 – Support for investment of
considerable importance to the economy (1)
4.5.1. Support for investment in the production sector
New investment of innovative nature (e.g. innovative technologies, innovative
products) involving purchase or implementation of a technological solution
which has been applied in the world for a period of no more than 3 years or
whose level of dissemination throughout the world in a given industry does
not exceed 15%, and which meets all the following conditions:
- eligible expenditure of no less than PLN 160 million, and
- net increase in jobs of no less than 150 persons
Maximum level of support
up to 30 % of total eligible expenditures
Agency’s offer
Investment process
Considering of investment
Long list of countries
Short list
Investment decision
Agency’s offer
• marketing campaigns, investment
seminars, work-shops, study tours
• co-operation with Polish Embassies
abroad
• PM assistance
• site visits
• macroeconomic and sectoral data,
information on financial incentives, SEZ
and EU funds
• assistance in obtaining financial support
from the state government
• co-operation with SEZ
• date base of suppliers and business
partners and real estate data base
• after-care services
• ombudsman for foreign investors
Thank you for your attention
00-585 Warszawa, ul. Bagatela 12
tel. (+48 22) 334 98 00, fax (+48 22) 334 99 99
e-mail: [email protected]