Energy purchase and sale contracts change - FTL proposals, small HPPs can sell on the free market
Producers with Priority Energy will also be able to sell the generated energy on the free market. Everything is specified in the new draft contract proposed by the Free Market Supplier, part of the OSHEE Group that is currently charged with the public service obligation of purchasing electricity from renewable sources.
According to the document issued for public consultation by the Energy Regulatory Authority, the sale can be made on the condition that the buyer is notified by August 1.
According to the current contract, FTL purchases all the energy produced by HPPs with installed capacity up to 15 MW, at a fixed price that is currently 10 lek/kWh.
According to the Regulatory Entity, the anticipated notification deadline of August 1 is considered unenforceable, but it will be the final approved version that will determine how to proceed.
The proposed agreement introduces another innovation, providing for full access to the free market for a period of no less than one year, a provision that aims to assist FTL in more accurately programming the energy purchased from priority producers.
The new contract also provides for several other changes, which according to FTL are necessary due to legal and regulatory changes, developments in the energy market, problems encountered during the implementation of the current contract, as well as the need to adapt to industry best practices.
Also, the proposed changes are needed due to the recommendations of the Supreme State Audit Office in the compliance and regularity audit report dated 31.07.2023, to improve the terms of contracts with Priority Energy Producers.
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