What to look for in the new proposal.
1. Special connection procedures, which will be controlled by the State Energy and Water Regulatory Commission SEWRC
2. Establishment of a New Agency for Sustainable Energy Development (ASED) which will take the functions of the existing Agency for Energy Efficiency (AEE) and also some of the regulatory procedures related to the certification of green energy
3. Investors in green energy will have to apply to SEWRC. Commissions, appointed by the chairman of the regulator, with participation from the transmission and distribution companies, will decide whether the application could be approved.
Deadlines to monitor
The operators of electricity distribution grids will have to send to the transmission grid operator their possibilities for connection of new capacities until February 28 each year.
The SEWRC will be presented with the capacities along with the minister of economy and energy and they will decide until April 30 the maximum number of capacities that could be connected.
By June 30 (each year) the SEWRC will publish the number of capacities that could be connected.
Between July 1 and September 30 (each year) all investors shall directly apply to the SEWRC. By October 31 the SEWRC shall announce about the acceptability of applications and until November 30 – which of the capacities will be connected if there are more applications than free capacities.
The selected investors will then have to pay a price for connection – 25 thousand EUR for each MW of installed capacity of the future energy plant. The money will be distributed to both the distribution and transmission grid and will have to cover all expenses for rehabilitation and/or upgrade of the grid. If the grid companies could not connect the plant within the provided deadline, they will have to return to the investor an amount which is double the fee, paid by the investors.
The investors will receive a competitive feed-in tariff for the duration the period of the long-term contract. For solar and geothermal power, the long-term the contract will be for 25 years. All other renewable energy plants will receive a 15-year contract. The new renewable energy law also proposes a change in the Energy act so that now all new capacities over 1 MW will have to be licensed. The old text requires licenses for capacities over 5 MW.