Greek Regulatory Authority for Energy (RAE) plans to reduce RES-supporting ETMEAR surcharge level as of 1 January 2108 as the RES special account deficit will have been zeroed out by the end of December.
If maintained at its present level the ETMEAR surcharge would produce a surplus to the RES special account . However, the surcharge will not be abolished, but it will be reduced to a level that will still produce a surplus. This excess sum will be used for payments owed by electricity market operator LAGIE to investors in renewable energy.
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Tags: electricity, ETMEAR, Greece, RAE, regulation, RES, surcharge