Difference between revisions of "Energy Act"

 
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|High impact=No
 
|High impact=No
 
|Source or references=https://www.iea.org/policies/5426-energy-act?country=Bulgaria&qs=bulgaria
 
|Source or references=https://www.iea.org/policies/5426-energy-act?country=Bulgaria&qs=bulgaria
 +
http://www.res-legal.eu/search-by-country/bulgaria/single/s/res-e/t/promotion/aid/premium-tariff-compensation-contracts/lastp/111/
 +
|Comments=From July 2018 all RES-E producers with a total installed capacity of at least 4 MW are obliged to sell their electricity on the exchange (Art. 33a Energy Act). The RES-E producers should sign contracts with the Electricity System Security Fund (ESSF) on the granting of a premium to offset the difference between the stock price and the price in the long-term contracts that RES-E producers have with the National Electricity Company (compensation contracts). The electricity trade takes place only on an organised stock market, except when a producer supplies its own electricity branches, businesses and sites or supplies an object of a client through a direct distribution line. The producers may also sell their electricity through a coordinator of a balancing group.
 
|Status=No
 
|Status=No
 
}}
 
}}

Latest revision as of 11:39, 14 February 2020

Name of policy Energy Act
Jurisdiction Country
Supranational region
Country Bulgaria
Region Europe


Subnational region or state
City or local
Policy objective
  • Mitigation
Type of policy instrument
  • Policy support
    • Strategic planning
    • Barrier removal
      • Grid access and priority for renewables
      Sector name
      • Electricity and heat
        • Renewables
      Policy description The act regulates the grid connection of plants, the generation and transmission of electricity and its pricing. It also regulates the access of electricity from renewable sources to the grid and contains provisions for the support of electricity from renewable sources. It stipulates that the costs of feed-in tariff schemes are borne by the electricity consumers. The grid operator is not obliged to connect a renewable energy plant if he can prove that grid capacity is insufficient or that the security of supply is at risk. The grid operators are obliged to grant access only if the annual grid capacity limits have not yet been reached. These capacity limits are set annually by the regulatory authority with a relation to a fulfilment of NREAP.
      Policy type
      • Renewables1
      Policy stringency
      Implementation state Implemented
      Date of decision 2013
      Start date of implementation
      End date of implementation
      High impact No
      Impact indicator


      Source or references https://www.iea.org/policies/5426-energy-act?country=Bulgaria&qs=bulgaria

      http://www.res-legal.eu/search-by-country/bulgaria/single/s/res-e/t/promotion/aid/premium-tariff-compensation-contracts/lastp/111/

      Supports policies
      Is supported by policies
      Comments (background and assessment) From July 2018 all RES-E producers with a total installed capacity of at least 4 MW are obliged to sell their electricity on the exchange (Art. 33a Energy Act). The RES-E producers should sign contracts with the Electricity System Security Fund (ESSF) on the granting of a premium to offset the difference between the stock price and the price in the long-term contracts that RES-E producers have with the National Electricity Company (compensation contracts). The electricity trade takes place only on an organised stock market, except when a producer supplies its own electricity branches, businesses and sites or supplies an object of a client through a direct distribution line. The producers may also sell their electricity through a coordinator of a balancing group.
      Status Final

      Download this policy as Excel file