Industrial players push ahead with Green Pool plan details

Industrial players are moving full steam ahead to help shape a finalized Green Pool model whose purpose will be to keep green-energy PPA prices at competitive levels for the country’s energy-intensive industries, energypress sources have informed.

The new government to emerge from the general election’s second round of voting on June 25 should be be handed a Green Pool plan ready for consultation. The plan is expected to be fine-tuned and finalized by September or October before it is forwarded to the European Commission for approval.

Brussels has offered its tentative approval of the plan but details that emerged following negotiations still need to be shaped and incorporated into the Green Pool’s finalized version.

Though developments have remained stagnant at political and institutional levels as a result of the general election procedure’s two rounds of voting, industrial consumers, who will represent the bulk of the Green Pool, have tasked the Grant Thornton consultancy group with studying plan details, including the share of cost for participants.

The state, according to the plan’s current shape, would cover 85 percent of the Green Pool’s cost, while market participants would cover the other 15 percent. If cost-related changes are eventually made, they will not be dramatic and could be revised for an 80-20 division.