IPTO proceeds with priority list for pending RES applications

Power grid operator IPTO is proceeding with a grading system for pending grid space applications submitted by investors behind renewable energy and combined cooling, heat and power (CCHP) projects, which will result in a prioritization list for these applications.

The procedure, resulting from a recent ministerial decision concerning pending applications, will include all applications submitted from the start of 2021 to August 10. An initial round is expected to be completed imminently.

Investors of projects making the upper section of this list will receive letters from IPTO notifying them of finalized connection terms offers.

The investors will be requested, by the operator, to inform if they accept these terms, while the overwhelming majority will also be asked to give their consent to a 20 percent project capacity cut, based on details included in the ministerial decision.

Agreeing to 20 percent project capacity cuts is not compulsory for investors. However, if they do not accept the finalized connection terms offered by IPTO, their applications will be automatically cancelled.