Special Account for RES and CHP

Since January 1, 2016, RES and CHP power plants, participate in the electricity market and are compensated through a support regime in the form of operating aid on a basis of a sliding Feed in Premium. The compensation of the above power plants as well as those that have concluded a Power Purchase Agreement (PPA) under the previous support regime, will be carried through a Renewable Energy Special Account of the Article 143 of Law 4001/2011, which is managed by the Operator of RES and Guarantees of Origin (DAPEEP). The account consists of credit and debit components and is divided into two sub-accounts:

  • Subaccount of Electricity market
  • Subaccount of Support

 

According to the provisions of article 143 (3b) point (aa) of Law 4001/2011, after the amendments of Law 4625/2019, RAE, determines the unit charges of ETMEAR (RES Levy) that are imposed on all the consumer categories, after a budget estimate of the revenues and expenditures of the Account.

For 2019 and 2020, the above mandates were suspended, and from the year 2021 onwards the ETMEAR’s unit charges will be determined by RAE again.