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| Energy legislation underwent the biggest change in 10 years |
| Bratislava, 29.05.2019 |
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| The revision leads to more market-oriented support for green energy
Green energy is one way countries can reduce CO2 emissions and fight climate change. Slovakia adopted a support scheme for green energy via the so-called feed-in tariffs; however, this has resulted in higher electricity prices for end consumers.
In 2018, the Economy Ministry prepared an extensive revision of the Act on Support for Renewable Energy Sources (RES) and Highly Efficient Cogeneration (CHP), which the parliament adopted on October 17. It became effective on January 1, 2019, while some of its provisions will become effective as of 2020 or 2021.
“This is basically a new structure for RES support,” said Economy Minister Peter Žiga, adding that the revision makes the support scheme more market-oriented with a minimal impact on the end-user price for energy. He noted it is also in harmony with the best foreign practice and legislation of the European Union.
The revision maintains support for existing green electricity producers as well as the feed-in-tariff support scheme for small electricity producers. For larger producers with installed capacity above 500 kW, it introduces a new scheme of auctions within which the winners will receive so-called feed-in-premiums.
The revision also introduces a new institute of local source. As a result, the local source will generate electricity in the same place it is consumed. Energy-intensive companies will also receive compensation for high energy prices.
For electricity distribution companies, the biggest change brought by the revision is the way in which the support for green energy will be paid out and the duty to purchase electricity generated by the supported facilities is transferred from distribution companies to a central entity as of the beginning of 2020.
odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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