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Mandatory extension of support for producers of electricity from renewable sources

  • Slovakia
  • Environment

12-05-2021

On 15 April 2021, the Government of the Slovak Republic approved a draft amendment to Act No. 309/2009 Coll., on the Promotion of Renewable Energy Sources, which introduces a mandatory extension of support for electricity from existing renewable energy sources. The amendment is currently in parliament and is scheduled to take effect on 1 August 2021.

The plan is to extend the support by a surcharge for producers of electricity from hydro and solar energy, biomass, biogas, landfill gas or gas from wastewater treatment plants by five years, while the Regulatory Office for Network Industries (the "RONI") will reduce the producer's price of electricity (feed in tariff). In addition to the surcharge, the support will also be proportionally extended in the form of the purchase of electricity at the price of the purchased electricity and by assuming responsibility for the deviation, but only until 31 December 2033 at the latest.

Producers of electricity from the above-mentioned sources will be obliged to apply to the RONI by 31 August for a reduction in the price of electricity, if the average amount of its surcharge for the previous calendar year reached at least EUR 150/MWh and the total amount of the surcharge was at least EUR 75,000.

When reducing the price of electricity, the RONI shall consider several factors, such as the cost of necessary repairs to extend the operation of the facility or the requirement to maintain the economic viability of the facility. The RONI will publish the precise tool for calculating the reduction in the price of electricity on its website www.urso.gov.sk.

 

On 15 April 2021, the Government of the Slovak Republic approved a draft amendment to Act No. 309/2009 Coll., on the Promotion of Renewable Energy Sources, which introduces a mandatory extension of support for electricity from existing renewable energy sources. The amendment is currently in parliament and is scheduled to take effect on 1 August 2021.

The plan is to extend the support by a surcharge for producers of electricity from hydro and solar energy, biomass, biogas, landfill gas or gas from wastewater treatment plants by five years, while the Regulatory Office for Network Industries (the "RONI") will reduce the producer's price of electricity (feed in tariff). In addition to the surcharge, the support will also be proportionally extended in the form of the purchase of electricity at the price of the purchased electricity and by assuming responsibility for the deviation, but only until 31 December 2033 at the latest.

Producers of electricity from the above-mentioned sources will be obliged to apply to the RONI by 31 August for a reduction in the price of electricity, if the average amount of its surcharge for the previous calendar year reached at least EUR 150/MWh and the total amount of the surcharge was at least EUR 75,000.

When reducing the price of electricity, the RONI shall consider several factors, such as the cost of necessary repairs to extend the operation of the facility or the requirement to maintain the economic viability of the facility. The RONI will publish the precise tool for calculating the reduction in the price of electricity on its website www.urso.gov.sk.

Annamária Tóthová, Partner

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