News

Large industry gets discount for disruption plan

Published

December 30, 2015

Comments

0

Share

Published:

December 30, 2015

Comments:

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

Rumen Radev Hydrogen investor becomes Bulgaria s new energy minister

Hydrogen investor becomes Bulgaria’s new energy minister

08 June 2023 - Bulgaria's new Minister of Energy Rumen Radev is a director of Holding Zagora, which participates in the Stara Zagora hydrogen valley project

low carbon strategy serbia

Serbia adopts Low Carbon Development Strategy

07 June 2023 - The most expensive scenario for the country is to ignore the costs related to climate change, the document said

Hidroelectrica-IPO-Bucharest-Stock-Exchange-July

Hidroelectrica to conduct IPO on Bucharest Stock Exchange in July

07 June 2023 - Fondul Proprietatea intends to sell most of its 19.94% ownership of state-owned Hidroelectrica or the entire stake

Albania, Republic of Srpska sign agreements for activating national guarantees of origins registries

Albania, Republic of Srpska roll out registries for guarantees of origin

07 June 2023 - Now they can start issuing GOs and engage in trading in line with EU rules, the Energy Community Secretariat said