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05 August 2019
In April 2019 the minister of environment and energy amended the competitive procedures for determining operating state aid granted as feed-in premiums for 2019 and 2020 (Decision 34495/1107 (OJ Β' 1341/2019)).
According to the new schedule, in 2019 there will be at least:
Notably, smaller plants (both wind and PV) may also participate.
Further, in 2020 there will be at least:
The initial price for the other competitive procedures will be determined as the average between the initial price and the weighted average price achieved in the previous competitive procedure for the same technology and category.
On 18 April 2019 the Regulatory Authority for Energy (RAE) announced the results of the 15 April 2019 auction for operational state aid for renewable energy source (RES) plants (Decision 436/2019). The selected plants capacity and prices were as follows:
The weighted average price was €57.03 per MWh.
In April 2019 the RAE announced the regular competitive procedure for wind farms and PV projects with a maximum offered capacity of 300MW (Decision 41/2019). The competitive procedure was held on 1 July 2019 and the results were published on 3 July 2019 (Decision 705/2019).
The final auctioned capacities were:
The achieved reference prices for PV plants ranged from €67.7 per MWh to €61.95 per MWh and the average price was €62.78 per MWh (approximately 9.37% lower than the starting price), while the unsold capacities were 157.189MW.
The achieved reference prices for wind projects ranged from €69.18 per MWh to €59.09 per MWh and the average price was €67.32 per MWh (approximately 2.7% lower than the starting price).
Regarding PV producers, the auction confirmed the prevailing selection of large PV plants (held by large business groups), now that the small (ie, 500kW to 1 MW) and large PV plant categories have been merged.
The latest competitive procedures resulted in significant price reductions for PV and wind projects. However, owners of small PV plants have claimed that they have been disadvantaged by the merging of all PV plant categories into one, particularly considering the recent regulatory amendments which prohibit them from receiving feed-in tariffs for more than two plants.
For further information on this topic please contact Mira Todorovic Symeonides or Nikoletta Nikolaou at Rokas Law Firm by telephone (+30 210 361 6816) or email (email@example.com or firstname.lastname@example.org). The Rokas Law Firm website can be accessed at www.rokas.com.
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