AMENDMENTS TO THE ELECTRICITY MARKET LICENSING REGULATION
The Electricity Market Licensing
Regulation was amended with the Regulation on Amending the Electricity Market
Licensing Regulation published in the Official Gazette dated 24 February 2017
(“Amendment Regulation”). Among
others, the Amendment Regulation introduces changes with regards to renewable
energy resource areas “RERA”, details for which are provided in the Regulation
on Renewable Energy Resource Areas (“RERA
Regulation”). As per the RERA Regulation, RERA will be developed by the
Renewable Energy General Directorate or through a competition process. Such
competition will concern connection capacity allocation. Applicants will
provide bids for the connection area and connection capacity announced by the
energy and Natural Resources Ministry.