RES support plan terms set for non-interconnected islands

Installation and tariff payment details for renewable energy source (RES) units to be installed at non-interconected islands are included in a new legal framework for the RES support mechanism to soon be forwarded for public consultation by the energy ministry.

According to energypress sources, until the electricity market begins functioning on non-interconected islands with offers from suppliers and producers, all new RES and combined heat and power (CHP) units activated on these islands will be inducted into a support mechanism based on a fixed price. This payment system will apply until all necessary details have been completed to permit daily electricity markets to function.

Based on the new plan, wind-energy facilities with installed capacities of less than three MW and all other RES and CHP units with capacities below 500 KW may be inducted into the new support mechanism.