Revisions to the RES-supporting ETMEAR surcharge, which will impose new amounts on electricity suppliers to help cover the renewable energy (RES) special account deficit, will take effect as of September 1, RAE, the Regulatory Authority for Energy, decided yesterday.

The revisions make up part of the RES sector’s recently ratified new support framework.

In preparing the RES-supporting surcharge revisions, the energy ministry chose to avoid further burdening consumers and instead introduce payments for electricity suppliers. They have benefited from wider profit margins as a result of the drop in the System Marginal Price (SMP), induced by the RES sector’s increased presence. The SMP is used to set wholesale electricity prices.