The new RES special account, a forthcoming addition to the existing account that will take on projects operating since January, 2021, is projected to support a RES portfolio with a total operating capacity of 6,546 MW, according to the existing account’s revision plan.

This projection will be used to estimate the new RES special account’s outflow and, as a result, the amounts that will need to be contributed by consumers through a new RES-supporting Dynamic Renewable Charge (DRC).

As previously reported by energypress, the DRC will be covered by electricity suppliers – in proportion to their market shares – and then passed on to their customers.

New mixed RES auctions planned for 2021 to 2024 are expected to provide feed-in premium tariffs for new projects with a total capacity of 2,800 MW.

Remuneration for RES production through the new RES special account is seen averaging 12.7 euros per MWh.