RAE, the Regulatory Authority for Energy, without explanation, has stopped issuing RES producer certificates for older applications submitted between October, 2018 and December, 2019, the first round of applications examined through new rules.

The development has prompted strong reaction and unrest among investors, who, according to comments made to energypress, have paid their related fees but not received RES producer certificates, as stipulated by the new law.

This round of applications underwent processing through a new online system adopted by RAE. RES investors were requested, via email, to pay a related fee through the banking system.

Responding to questions on the issue, the IT company handling RAE’s new software said it was ordered by RAE to not proceed to the next stage, offering automated RES producer certificates.

The authority is concurrently examining older applications submitted until June, 2018; applications lodged between October, 2018 and December, 2019; and also preparing new terms for a forthcoming round of applications rescheduled for December, instead of October.