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Electricity
29/03/2021
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RES-supporting surcharge cut for hotels, airports, ports

Hotels, ports and airports have been exempted from a higher RES-supporting ETMEAR surcharge to be imposed on medium and high-voltage enterprises, except for energy-intensive producers, retroactively as of January 1, 2019.

Instead, hotels, ports and airports will be subjected to a reduced ETMEAR surcharge offering a 53 percent discount between 2019 and 2021.

The discount will result in a reduction of the ETMEAR surcharge imposed on hotels, ports and airports to 9.01 euros per MWh over the three-year period.

ETMEAR surcharges, supporting RES special account inflow, were reduced through a ministerial decision signed in August, 2019, resulting in a 17-euro per MWh charge for households as a means of offsetting a hike in power utility PPC tariffs.

In its latest report, RES market operator DAPEEP appears to have factored in the impact of the ETMEAR reduction for hotels, ports and airports on RES special account cash inflow for 2019 and 2020. The operator has revised downwards its anticipated inflow for the account during this two-year period by a total of 50 million euros.

DAPEEP’s anticipated RES special account cash inflow, from ETMEAR surcharges, for 2019 and 2020 were revised to 65 and 60 million euros, respectively, in a report published in December, 2020, down from 95 and 80 million euros for the two years in a report released a month earlier.

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