RES producers offering 300 MW left in dark by market change

RES producers with a total capacity of 300 MW and operating under feed-in premium agreements have been left unable to issue invoices for electricity generated and provided to the grid in July, let alone be paid for this production, as a result of a market change.

The launch date of a new market support system, FOSETEK, in place of RES market operator DAPEEP, has been extended to October 1. This leaves the aforementioned group of producers out in the dark until the system’s launch.

Besides July, producers of this category are at risk of also remaining unpaid for output in August and September, until the new system’s anticipated launch in October.

RES investors are demanding payment of at least 90 percent of production until the new system is implemented. The energy ministry has yet to respond.