Regulation of Second Electricity Term Products (NOME) Auction

Energy News – 44th Issue-Regulation of the Second Electricity Term Products (NOME) Auction

ELECTRICITY

Greece: Regulation of the Second Electricity Term Products (NOME) Auction

Greece: Electricity Distribution Network Code Adopted
EU/CEER: Guidelines on Electricity Distribution Network Tariffs
Bulgaria: World Bank Report on Recovery and Liberalization of Bulgarian Power Sector
Croatia: CROPEX Published
Amendments to the Rules of Trading –Introducing Intraday Market

OIL & GAS

Ukraine: Recent Developments on the Natural Gas Market

INFRASTRUCTURE

EU: Gas TNYDP
EU: ENTSO-E Publishes its TYNDP 2016

COMPETITION – STATE AID

EU: General Court Issues Decisions on the Exploration and Exploitation of Lignite Rights of PPC
EU: Fine imposed on the Serbian Electricity DSO

RENEWABLES

EU: Study on Impact Assessment of a new RES Directive for 2030 Targets
Ukraine: FiT Reduction and Other Amendments
EU: Study on Supporting Investments into RES

ENERGY EFFICIENCY

EU: Study on Smart Cities and Communities

Greece: Regulation of the Second Electricity Term Products (NOME) Auction

On 21 December 2016, the Regulatory Energy Authority
(RAE) issued three decisions regarding the organization
of the second electricity term products sale auction by the
Public Power Corporation (PPC): a) the first, Decision No.
618/2016, regulates the amendments of the Electricity
Transactions Code (OJ B’ 104/2012 as amended), the
Operation of the Electricity Transmission System Code
(OJ B’ 103/2012 as amended) and the Electricity Term
Products Transactions Code (OJ B’ 3164/2016)
amending details of the NOME auction procedures; b) the
second, Decision No. 619/2016, regulates the annual
quantities of electricity which will be sold on NOME
auctions in 2017, defines the products to be sold and
provides for the auctions time table; and c) the third,
Decision No. 620/2016, sets the administrative fees to be
paid by the selected supplier per auction at €356.000.

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