The energy ministry is examining the prospect of bridging, over a two to three-month adjustment period, the country’s return to a normalized electricity market, once emergency measures that were introduced early in the energy crisis are eventually lifted, most probably on September 30.
The ministry is considering to introduce transitional tariffs for this adjustment period, which would begin October 1, in the form of variable tariffs whose price levels would be announced by suppliers on the 1st of each month.
The proposed adjustment period would offer consumers a smoother crossover from the current setting of emergency measures – they include a suspension of indexation clauses – to normalized market conditions as it would result in a supplier tariff-setting procedure that is similar to the current system.
Monthly tariff announcements by electricity suppliers would be made at the beginning of each month, compared to the 20th of each previous month, as is the case at present.
An adjustment period would provide suppliers additional time to finalize their post-crisis tariffs, while also giving electricity users sufficient time to choose supplier and product once the transition period has ended.
Details concerning a pricing formula that could be applied during the transition period have not been released.