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01 March 2021
On 8 December 2020 the Ministry of Environment and Energy issued a decision (OJ B' 5619/2020) on the formation of a working group which will prepare a proposal for the ministry on:
[a]dopting the legal framework for the development and participation of electricity storage units in the Electricity Markets of the law 4425/2016 (regulating the Energy Exchange) as amended, and the Capacity Mechanism.
This step is necessary for securing the electricity supply in Greece and ensuring the participation of storage units and renewable energy source (RES) plants with storage units in the electricity markets of the energy exchange and the capacity mechanism.
The proposal should be submitted to the ministry by 15 May 2021 and should address the following issues:
The storage regulation should aim to enable and regulate the following, in particular:
In its decision, the ministry appointed the working group members and provided that they may invite representatives of other authorities, organisations or associations or experts in financial, technical sciences or other relevant subjects to participate in the working group or provide an opinion.
For further information on this topic please contact Mira Todorovic Symeonides at Rokas Law Firm by telephone (+30 210 361 6816) or email (email@example.com). The Rokas Law Firm website can be accessed at www.rokas.com.
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