NFOŚIGW Modernization Fund

Budget: 4 billion Polish zlotys (PLN)

Legal Basis:

The aid scheme is approved under the notification of the European Commission. It is based on a draft regulation from the Minister of Climate and Environment of Poland and the public aid provisions established by the National Foundation for Environmental Protection and Water Management. The scheme supports investment projects in electric energy storage and related infrastructure and has been submitted for public consultation.

Status of Work:

The aid scheme has been approved by the European Commission. Plans and regulations for the relevant projects are currently under preparation.

Applicable Entities:

· Small and medium-sized enterprises (SMEs)
· Large enterprises
· Municipal companies
· Members of energy cooperatives collaborating with local self-government bodies (JST)

Forms of Funding:

· Subsidies: Funding ratio ranges from 45% to 65%.
· Loans: Funding ratio up to 100%, with an interest rate of WIBOR (3 months) + no more than 1.5% per year.

Planned Start Time:

First or second quarter of 2025

Plan Objectives:

· Enhance the stability of the Polish National Power System (KSE) and strengthen national energy security.
· Support the construction of electric energy storage facilities with a minimum power of 2 MW and a capacity of at least 4 MWh per facility.
· Ensure connection to distribution networks across all voltage levels.

This project is currently under consultation. The final implementation plan will be subject to approval and may vary based on the decisions of NFOŚIGW.

Learn More