Assessment of June cycle producer certificate bids by end of month

The assessment by RAE, the Regulatory Authority of Energy, of RES production certificate applications submitted to the June cycle is progressing and should be completed by the end of September, energypress sources have informed.

Barring no complications, such as overlapping RES property issues, applicants should receive related emails by early October requesting payment of producer certificate fees to DAPEEP, the RES market operator. Successful applicants will be given 20 day-periods to pay this fee.

A total of 743 applications for RES units representing a total capacity of 17.4 GW were submitted to RAE for the June cycle, the authority has announced. Solar energy units, totaling 302 and representing 12.8 GW, were the cycle’s dominant RES technology, followed by wind energy units, reaching 290 in total for 4.2 GW.

Meanwhile, RAE is preparing to establish a 35,000-euro letter of guarantee as a prerequisite for applications, this measure’s objective being to limit applications to RES investors with serious intentions.

The authority launched a brief public consultation procedure on Friday. It concludes tomorrow, paving the way for the energy ministry’s draft bill for the letter of guarantee measure’s implementation.