Opinion

Parliament: The regulation for the prices of electricity has been submitted

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The regulation is included in the bill for the simplification of the licensing procedures of the Renewable Energy Sources and provides that the electricity producers will be compensated with administratively defined prices which will be determined by a ministerial decision.

The regulation for the imposition of a ceiling on the wholesale prices of electricity was submitted to the Parliament with the aim of suspending the clause of adjustment of electricity tariffs and the return of prices to the level of autumn.

The regulation is included in the bill for the simplification of the licensing procedures of the Renewable Energy Sources and provides that the electricity producers will be compensated with administratively defined prices which will be determined by a ministerial decision.

The decision will determine the formula for determining the maximum price for each category of units (gas, lignite, hydroelectric and renewable sources), taking into account where there is fluctuation in the price of fuel and carbon dioxide emissions.

The provision stipulates that the emergency mechanism will be implemented from 1 July for a period of one year. The difference between the maximum prices and those formed on the Stock Exchange will be transferred to the Energy Transition Fund to finance the reduction of tariffs.

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