Energy News – 6th Issue-Electricity Storage

Energy News – 6th Issue-Electricity Storage

Energy Markets

Energy Community: Strategy and Projects of Common Interest Report
Poland: Consumer Protection Stipulations in the “Little Energy Three Pack”


Greece: Decision of the Permanent Arbitration Tribunal forces Greece’s Major Electricity Supplier to sell to an Industrial Customer at Low Cost
BiH: Νew Law on Electricity introduced in the Federation of Bosnia and Herzegovina

Oil & Gas

Serbia: Unbundling Requirements in the Serbian Gas Sector


EU: Commission Guidance on State Aid for Energy and Environment
Greece: RAE’s Proposal Regarding the Legal Framework on Electricity Storage

On 8 November 2013 the Greek energy regulator RAE submitted to the Ministry of Environment, Energy and
Climate Change its proposal for amendments to the legal framework regarding the RES storage facilities in
Greece. The proposal is the result of several previous studies performed for RAE in 2013. The purpose of the RES
storage facilities is to minimise the rejection by the System Operator of the electricity produced by RES for
technical reasons. Storage facilities are currently regulated in connection with hybrid RES facilities
comprehensively performing activities of production, storage and recovery of electricity, these activities being
legally regarded as a whole in terms of licensing, operation and pricing. Although the current legislation allows for
the formation of purely storage facilities not connected with RES production, they are not financially feasible, taking
into consideration the current market prices and the cost of their construction. Aiming to secure financial
sustainability of the storage facilities, RAE proposes the establishment of a separate storage service that would be
paid from the guaranteed fees (FITs) for the RES production, while the RES producer would receive the
guaranteed price for the produced electricity reduced by the amount of the storage fees, as this electricity would
otherwise have been rejected by the System Operator. The storage facilities would participate in the day-ahead
scheduling market in accordance with the Power Exchange Code; the Code should be amended to include the
special mechanism for the management of the RES cutbacks and the possibilities of their absorption by the storage
facilities based on their production/capacity statements. Since the storage facilities would contribute to ensuring
sufficient capacity they would be considered to serve the public interest and would be entitled, when necessary, to
receive limited subsidy, as additional measure for safeguarding their sustainability. They should have the possibility
of simultaneous production and storage in order to cover the need of storage of RES energy 24 hours a day. If
installation of new storage facilities is considered necessary, a competitive selection procedure would be organised.

BiH: Law on RES and Efficient Cogeneration adopted by the Parliament of the Federation of Bosnia and Herzegovina

Energy Infrastructure & Grids

Greece: Recent Regulatory Developments regarding the Construction of Cross-Border Gas Pipelines


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