An energy ministry strategy applied to subdue, to more realistic levels, the number of applications submitted by investors for RES producer certificates, by requiring applicants to provide letters of guarantee worth 35,000 euros per MW, has proven effective.

The number of producer certificate applications submitted to RAE’s (Regulatory Authority for Energy) latest round, for October – the first with the new restrictive measure in place – was limited to approximately 130, representing prospective RES units with a total capacity of 1 GW, energypress sources have informed.

This is well below the levels of all preceding rounds since a legislative revision was ratified to offer investors producer certificates as a first, and more simplified, step in the RES licensing process.

A total of 743 producer certificate applications representing a total RES capacity of 17.45 GW had been submitted to a round in June.