Consultation launched on hydropower variable costs

RAE, the Regulatory Authority for Energy, has launched a new round of public consultation for revisions to the method applied for calculating variable costs of hydropower plants, used to determine tender lower limits.

The method to be used will be implemented following RAE approval. Issues to be examined before settling on an updated version include reservoir safety concerns and more realistic assessment of thermal production replacement costs.

Interested parties may submit their views to elecmarket@rae.gr until January 15. Following this date, RAE will publish a catalogue listing the consultation’s participants and their views or proposals, unless they issue instructions for their interventions to remain unpublished.