White certificates, formally known as energy efficiency certificates, are a policy instrument used in Poland and other countries to promote and finance actions that improve energy efficiency. They are part of a mechanism designed to encourage energy savings across various sectors of the economy.
Key Information about White Certificates:
Purpose of White Certificates:
- To motivate businesses, energy companies, and end-users to implement projects that reduce energy consumption.
- To reduce greenhouse gas emissions and enhance energy use efficiency.
How the Mechanism Works:
- Obtaining certificates: White certificates are awarded for implementing energy efficiency improvement measures, such as modernizing lighting systems, upgrading insulation, or optimizing heating systems.
- Energy obligations: Obligated entities (e.g., energy suppliers) must hold a sufficient number of certificates or pay a substitution fee.
Examples of Eligible Activities:
- Modernizing lighting systems in buildings or urban areas.
- Introducing energy-saving technologies in industry.
- Reducing energy losses in power or heating networks.
- Improving thermal insulation in buildings.
Trading Certificates:
- Certificates can be traded on the Polish Power Exchange (TGE) or other approved markets, allowing obligated entities to meet their obligations flexibly.
- This system is similar to the emissions trading system (ETS), but it focuses on improving energy efficiency.
Benefits for Participants:
- Financing energy efficiency measures through revenues from certificates.
- Reducing operational costs through energy savings.
Benefits for the Economy and Environment:
- Decreasing primary energy demand.
- Supporting national and EU climate targets.
- Enhancing the competitiveness of businesses by lowering energy costs.
The White Certificate System in Poland:
The system is regulated by the Act on Energy Efficiency and administered by the Energy Regulatory Office (URE). Certificates are awarded through tenders or applications, with projects evaluated based on the potential energy savings they will generate.
White certificates play a significant role in supporting the energy transition and fostering innovation in energy management for businesses and households alike.
