Energy multi-bill submitted to Parliament, no major changes

An energy ministry multi-bill submitted to Parliament yesterday includes a model for the country’s next wave of RES auctions that offers renewable-energy producers operating support based on incentives for electrical-grid capacity savings.

RES projects currently being developed and already holding connection terms will be offered premiums as incentives encouraging their respective investors to accept greater grid-injection restrictions, or to equip their projects with batteries.

Other multi-bill details include terms for an SPV to be established by EDEYEP, the Hellenic Hydrocarbons and Energy Resources Management Company, for offshore wind farms; floating PV provisions; as well as revised action on electricity theft and the universal electricity supply service provided to black-listed consumers no longer accepted by electricity suppliers.

No major changes have been made to the multi-bill’s content following consultation and the procedure’s numerous comments.

Special parliamentary committees will begin discussing the multi-bill’s details tomorrow. The energy ministry aims to have it ratified by the middle of next week.