Through the special RES account producers of electricity from renewable sources are being paid. This account, is currently showing a 423 million euros annual drop in revenues. This is mainly a result of the drop in the marginal system price and the reduction of carbon emission prices, factors that have significantly improved the energy suppliers’ profit margins. According to the figures, the total benefit to suppliers from the drop in system prices, emission costs and oil rates amounts to 1 billion euros. RES producers are proposing that the suppliers should cover the special account’s deficit.
Thursday, March 28
Trending
- Serbia: Navigating nuclear energy ambitions
- SEE region: Electricity prices ranged between €64 and 88/MWh in week 12
- Romania: E.ON considers selling Romanian electricity and gas supply business
- Romania: Polish R.Power buys 200 MW solar projects
- Romania: OX2 obtained the connection approval for a 290 MW wind farm
- Romania: PPC completed the acquisition of 84 MW wind farm
- Croatia: Renewables surpass fossil fuels in electricity mix in February
- Greece: First Guarantees of Origin auction expected in June