News

Large industry gets discount for disruption plan

Published

December 30, 2015

Comments

comments icon

0

Share

Published:

December 30, 2015

Comments:

comments icon

0

Share

The country’s disruption management plan, aiming to introduce energy cost savings for major-scale industry in exchange for shifting energy usage to off-peak hours whenever required by IPTO, the power grid operator, has been published in the official gazette, portal Energy Press reported.

A so-called transitional supply security fee of various levels is imposed on electricity production stations of all technologies to cover the measure’s cost. Wind energy units will be charged 0.9% of revenue. Owners of photovoltaic facilities, except for roof-mounted systems, will be charged 1.8%, small hydropower plants will pay 0.4%, while geothermal and biomass-biogas units’ obligations are for 0.3%. Large thermal units, lignite-fired stations, natural gas-fuelled units, and combined heat and power (CHP) facilities will be charged 0.2% of revenue, petrol-fuelled stations will pay 0.1%, and hydropower stations 0.4% of revenue, the report said.

If the annual sums accumulated into the fee exceed the amount required to cover the disruption plan’s costs, then the power producers will be proportionally reimbursed. For the plan’s next step, IPTO will need to establish a registry and stage auctions. The total annual sum to be offered by the plan through auctions will be EUR 50 million. This amount will be covered by the transitional supply security fee to be imposed on producers from renewable energy sources.

 

Related Articles

western balkans wind solar investments study

Western Balkans have as many prospective solar, wind projects as Germany

17 July 2024 - Prospective utility-scale solar and wind capacity amounts to 23 GW or 70% more than a year ago, according to the latest study

Balkans blackout June 21 two overhead lines tripped ENTSO-E

Balkans blackout on June 21 occurred after two overhead lines tripped – ENTSO-E

17 July 2024 - ENTSO-E said the cascading power failure of June 21 ensued amid outages of two overhead lines, of which the first is in Montenegro

Serbia officially revives Rio Tinto lithium mining project Jadar decree

Serbia officially revives Rio Tinto’s lithium mining project Jadar

16 July 2024 - The Government of Serbia annulled the 2022 abolishment of Rio Tinto's project Jadar for a lithium mine and processing plant

hupx prices heatwave hungary istvanffy gyorgy

Istvánffy: Persistence of high power prices at HUPX depends on heat wave, import crunch

16 July 2024 - Director of markets at HUPX György Istvánffy attributed the extreme electricity price increase to several fundamental factors