RAE boosting RES project monitoring ability, license revoking efficiency

RAE, the Regulatory Authority for Energy, yesterday approved expenditure to reinforce its monitoring ability of RES project development as well as to heighten its efficiency in license revoking procedures.

RAE, as part of the new Brussels-endorsed RES support mechanism, requires an up-to-date picture of all licensed RES projects in order to be able to organise and stage RES auctions, the authority noted.

RES capacity licenses that have been valid for years but never utilized, consequently binding capacity that could be used for new RES auctions, require urgent examination. As a result, all RES project licenses need to be processed by RAE to determine their stage of development.