A special committee assembled by the energy ministry to process proposals for a legal framework and support system covering the energy storage domain is making steady progress.
The committee, headed by Dr. Stavros Papathanasiou, a professor at the National Technical University of Athens’ School of Electrical and Computer Engineering, and including representatives of operators, the energy exchange and the regulatory authority, has until May 15 to deliver its findings.
Its main task is to offer opinions on regulatory decisions, codes, market regulations, even legislative interventions that may be required, in the form of a thorough plan as guidance for the functioning and entrepreneurial running of energy storage facilities.
Licensing matters, energy market participation rules for energy storage units providing capacity, flexibility, balancing and other services are all being addressed by the special committee.
It is also examining whether a support framework will be needed to determine supplementary compensation for energy storage systems in addition to earnings that may be generated through the market.
Any resulting support system would need to be endorsed by the European Commission.