RAE, the Regulatory Authority for Energy, intervened last Friday to set an upper limit leading to an average of roughly 14 euros per MWh for the RES-supporting surcharge paid by electricity suppliers into the RES special account in January and February.
In the lead-up to the decision, electricity suppliers were alarmed to see the surcharge skyrocket to a level of as much as 42 euros per MWh. It is revised weekly. This measure will be effective retroactively and cover the extraordinarily high surcharge levels registered reached during the first three weeks of January
The surcharge level for the first week of January, covering January 2 to 8, will be reduced from 20.03 euros per MWh to 10.03 euros per MWh as a result of the upper limit.
The surcharge level for the month’s second week, covering January 9 to 15, will subsequently drop from 48.65 euros per MWh to 22.07 euros per MWh.
The overall level for this two-week period will fall from 34.96 euros per MWh to 16.31 euros per MWh as a result of the upper limit.
Had the upper limit been applied to the months of October, November and December last year, the October surcharge level would have dropped slightly from 4.40 euros per MWh to 4.28 euros per MWh, from 10.62 euros per MWh to 6.93 euros per MWh in November and from 15.58 euros per MWh to 9.83 euros per MWh in December.