RES special account revisions designed by the energy ministry to ensure new revenue sources and long-term remuneration protection for renewable energy producers will divide the account into two, an old and a new RES special account, made possible by 202 million euros in support stemming from the recovery fund.
A new and exclusive revenue source, the Dynamic Renewable Charge (DRC), will be exclusively channeled into the new RES special account. Revenues to be generated by this surcharge will be paid by electricity suppliers – in proportion to their market shares – to RES market operator DAPEEP and then passed on to their customers.
As for the old RES special account, existing revenue sources such as the ETMEAR surcharge included in electricity bills, as well as a green surcharge of 0.03 cents per liter imposed on auto diesel fuel, will be maintained.
In addition, the old RES special account will be offered protection through a formula balancing any fluctuations of the Public Service Compensation (YKO) surcharge included in electricity bills and the ETMEAR surcharge.
The new RES special account will include projects operating since January, 2021, while all previous RES units will continue being remunerated through the old RES special account.