Besides the RES special account’s split into two sections, dividing old and new activity, revisions proposed by the European Commission, for its approval of a recovery-fund injection worth 202 million euros into the account, include the adoption of a mechanism adjusting regulatory fees paid by consumers, the intention being to cover any possible deficits for either of the account’s two sections.
It appears this new mechanism will be applied to adjust, as needed, the RES-supporting ETMEAR surcharge included in electricity bills.
At this stage, Brussels’ interventions concerning the revenue sources of the old and new RES special accounts serve more as a guideline than a proposal that is ready to be implemented, energy ministry sources said.
Other revisions for the RES special account’s restructuring have already been introduced, including a carbon tax on auto diesel as well as an extraordinary Covid-19 fee for RES producers and suppliers, for a one-year duration.
The 202 million-euro support amount from the recovery fund is expected to be injected into the RES special account in portions over a four-year period.