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New incentive scheme addressed to the renewable energy sources provided in the Act on Renewable Energy Sources dated 20 February 2015 (“RES Act”).

New incentive scheme addressed to the renewable energy sources provided in the Act on Renewable Energy Sources dated 20 February 2015 (“RES Act”).

Energetyka i infrastruktura Friday June 19th, 2015

Current incentive scheme addressed to RES investors based on tradable certificates of originwhereby renewable energy producers receive: (a) price for electricity sold at competitive market (current market price equal to approx. EUR 40-42/MWh) as well as (b) price for tradable certificates of origin purchased in particular by suppliers selling electricity to final consumers. The foregoing incentive scheme operates so that market price for certificates may not exceed in practice the so-called “substitute fee” which is an alternative method of fulfillment of the obligation to obtain and redeem certificates of origin. Such substitute fee is currently equal to EUR 71,5/MWh which operates as a cap for market price of certificates. However, current market price for certificates fell in May 2015 to approx. EUR 30/MWh).

SK&S Legal

SECURITY ALERT

Dear Sirs,

We would like to inform you that in recent days, fraudulent emails impersonating our law firm have appeared online. In some cases, these emails include alleged invoices issued by SK&S.

Such fraudulent emails can be identified as they are sent from unusual, unknown addresses that do not belong to our domain. Additionally, these messages are often sent from addresses deceptively similar to those of legitimate senders. We want to emphasize that our law firm has no connection to these emails. All official correspondence from us is sent exclusively from addresses within the domain @skslegal.pl.

We have reported this matter to the Police, specifically to the Central Bureau for Combating Cybercrime, due to suspicions of criminal activity. Please exercise caution: carefully verify the sender’s address and avoid opening any suspicious emails or attachments. If in doubt, we recommend deleting such correspondence immediately.