RES unit full balancing responsibility from early ‘22

Greece’s entry into Europe’s cross-border intraday XBID continuous market, through coupling with Italy and Bulgaria, will be delayed until the end of 2022, several months beyond a March 8, 2022 date that had been set.

However, this deferral should not prompt any change in the plan for the assumption, from early 2022, of full balancing responsibility by RES units for discrepancies they cause, in other words, projects with FiP contracts, as this will limit electricity amounts activated for balancing purposes and, as a result, balancing costs, RAE, the Regulatory Authority for Energy, has noted.

The energy ministry is now expected to prepare revisions separating the two launch dates.