Investors behind RES units with feed-in premiums that generated extra revenues through their participation in the electricity market during the months up to August, as a result of market clearing prices that exceeded tariff levels, have until tomorrow to return excess amounts.

DAPEEP, the RES market operator, last week announced details on its website concerning these returns.

RES units for which investors fail to meet tomorrow’s deadline will, as a penalty, be excluded from the market, according to conditions set by the energy ministry. Revenues generated by excluded RES units will be injected into the RES special account.

Returns until the end of the year have been estimated to total 81.8 million euros. DAPEEP based its calculations on the assumption of a market clearing price average of 135 euros per MWh in the final quarter of 2021. Levels have risen much higher, resulting in a greater amount to be injected into the RES special account.