Due to extraordinarily high RES-supporting surcharges since the beginning of 2017, which are paid by electricity suppliers in the Greek market, the Regulatory Authority for Energy (RAE) intervened and set the maximum level for these surcharges at an average of some 14 euros/MWh for January and February.
RES-supporting surcharges are revised on a weekly basis, and in the first three weeks of January these surcharges jumped to almost 42 euros/MWh. RAE’s decision will be effective retroactively, so it will also cover the first three weeks of 2017.
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Tags: electricity, Greece, RAE, regulation, renewables, RES, support scheme, surcharge