Reference
The document is drafted by the Ministry of Energy.
The directive introduces amendments to the Rules on the Wholesale Market of Electric Energy and Power, as approved by Government Resolution No 1172, dated December 27, 2010, and on the Basic Principles of Energy Power Pricing in the Regulated Prices (Tariffs) Sector and on the Government Rules on Regulation (Revision, Implementation) of Energy Power Prices (Tariffs), as approved by Government Resolution No 1178 dated December 29, 2011.
The amendments are made to adjust the period for special power price calculation for the generation facilities of wholesale market players who are in breach of their obligations for failing to launch a generation facility in a period exceeding 12 months.
The proposed solution provides for a more equitable power price-calculating vehicle and sets the penalty system in proportion to the violation committed.
The amendments will enable the wholesale market player to optimise the financial and economic activities and reduce the loss of gross revenue resulting from the failure to launch generating facilities in accordance with the power supply contract.