The government’s leadership has approved the fundamentals of a package of measures proposed by the energy ministry to boost the electrical grid’s capacity and facilitate connection terms for new RES projects.

This development, to offer incentive for further investment in renewables, paves the way for the ratification of interventions decided on by the energy ministry.

These measures will prevent a disruption of connect terms granted by the country’s operators for new RES projects.

The measures, expected to be submitted to Parliament imminently, possibly by the end of the month, will ensure that further capacity will become available in a few months’ time so that projects that are either already operating or have secured connection terms reflect the country’s RES-penetration goals for 2030.

These targets stand as a key priority for the energy ministry as a boost in renewable energy sources promises to benefit consumers by lowering wholesale electricity prices and subsequently decreasing retail electricity prices.