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Regulation No. 86 of 2019 of Government of Estonia on Conditions of and Procedure for Reverse Auctions Organised for Generating Energy from Renewable Energy Sources and in Efficient Co-Generation Process

Country/Territory
Estonia
Document type
Regulation
Date
2019
Source
FAO, FAOLEX
Original source
RT I, 08.11.2019, 4
Subject
Energy
Keyword
Renewable energy Energy conservation/energy production Subsidy/incentive Procedural matters
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

The Regulation regulates the organisation of public reverse auctions to attain the objectives of generating energy from renewable energy sources specified in §§ 594to 596of the Electricity Market Act. The support payable to the winner of the reverse auction specified in §§ 594to 596of the Electricity Market Act is state aid within the meaning of Article 107 (1) of the Treaty on the Functioning of the European Union, the grant of which shall comply with the European Commission guidelines on the state aid in the areas of the environment and energy and an appropriate decision of the European Commission allowing the grant of state aid. In the cases specified in §§ 594and 595of the Electricity Market Act, the Government of the Republic shall, when authorising the organisation of a reverse auction, determine at least the type and the annual quantity of supported energy which is the object of the reverse auction, the due date for commencing generation and the time of presenting the results of the reverse auction. A reverse auction shall be organised by the minister responsible for the area and conducted by the transmission network operator.

Full text
English/Estonian
Website
www.riigiteataja.ee