Registration of ESCO Companies and their Code of Ethics

Energy News – 59th Issue-Registration of ESCO Companies and their Code of Ethics

EU and EnC
Market
ƒEU: Referral of Germany and Hungary to the European Court of Justice
ƒEU: Parliament Committee Votes on Clean Energy Package
Oil & Gas
EnC: Dispute Settlement Procedure against Serbia for Breach Unbundling Rules
Competition & State Aid
ƒEU/SA.49522: German Reductions on Surcharges for Self-Supply in HECHPs Approved
ƒEU: Recognition of Nuclear Energy as an Objective of Public Interest

BIH
Market
ƒAdoption of Framework Energy Strategy

BULGARIA
Competition & State Aid
Non- compliance of the New RES Support Scheme

GREECE
Market
ƒFour Electricity Codes Approved
Electricity
ƒNew Greek Transitory Flexibility Mechanism Approved
Oil & Gas
ƒCode on Supply of Natural Gas
ƒRAE’s Decision on the Security of Natural Gas Supply
ƒCode on Natural Gas Licenses
ƒSale of Shares in EDAs, EPAs and DESFA
Infrastructure
ƒOperation of Remote Distribution Networks with CNG or LNG
RES & Energy Efficiency
ƒRegistration of ESCO Companies and their Code of Ethics

On 6 July 2018, the Ministerial Decision no. 176381/2018 of the Minister for Environment and Energy was published in the Official
Government Gazette (B’ 2672/2018). The decision concerns the operation and registration of Energy Service Companies (ESCOs)
providing energy related services in accordance with the definition provided by law no. 4342/2015. The Ministerial Decision lays out the
structure of the ESCO Registry, the competent authority responsible for its organisation and the process for registration. The Decision
further determines the scope of energy efficiency services executed by the ESCOs that are included in the respective registry and lays
out the Code of Ethics for the operation of ESCOs.

In more detail, the Decision stipulates that energy related services include the following activities: installation, replacement, upgrade,
maintenance and regulation of parameters for the operation of electromechanical gear and lighting, upgrade of buildings’ energy
efficiency, installation of energy management systems and RES systems. All the companies which provide such services may be
registered and shall be divided into two categories: companies which provide the services on the basis of Energy Performance
Contracting (EPC) and companies which provide the services on the basis of a different type of contractual agreement.

The Decision also set forth the Code of Ethics for the operation of ESCOs, according to which ESCOs undertake the following
(among others) obligations, i.e. to: employ staff with adequate experience in the energy sector, use clear and understandable terms
in their contracts and offers for the provision of their services, offer high-quality intervention services for the improvement of energy
efficiency, comply with the legislative regime and provide consumers with the necessary instructions for the proper operation and
maintenance of the equipment.


ƒLicensing Procedure for the Representation of RES Producers
ƒLicensing Procedure for the Representation of RES Producers in the Electricity Market

SERBIA
Infrastructure
ƒMoU on Energy Sector Development between Serbia and RS

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