The Ministry of Energy, Trade and Industry (MoETI) announces that the Council of Ministers, at its meeting yesterday, approved the amendment of the existing "Plan for the Production of Electricity from Renewable Energy Sources for Own Consumption", which expires on 31 March 2023. The amended Plan will enter into force on 1 April 2023.
The main changes made to the Plan by Category are as follows. [*]Any surplus production will be carried over to the next billing period, for a total period of 36 months. In the last bill of the 36 months, any surpluses will be reset to zero. [/LIST]
Category B - Net-Billing
- The sizing of the PV system based on the consumption of the served substation is abolished.
- Any production surpluses will be carried over to the next billing period, for a total period of 12 months. In the last bill of the 12 months, any surpluses will be reset to zero.
Category C - Virtual Net-Metering
- Wineries are introduced as a new category of beneficiaries.
- Increase of the installed capacity limit for farmers up to 100 kW (from 20 kW under the existing Plan).
Creation of Category D - Virtual Net-Billing
- The total available capacity of the Category is 30 MW.
- The maximum capacity of each PV system that can be installed under the category is 150 kW per electricity consumption account and per beneficiary/enterprise.
- If an energy storage system is installed, the maximum capacity of each PV system may be up to 500 kW.
Submission of applications
Applications shall be submitted electronically or at the local Regional Offices of the Distribution System Operator (DSO - AEC). Interested parties can obtain paper applications from the TSO-AHK and electronic applications from the website of AHK.
The receipt of applications for Categories A, B, D and E will end on 20 December 2023 or earlier if the maximum available capacity of each category per year is reached or if the Minister of Energy, Trade and Industry decides otherwise.
More information about the Plan is available on the Energy Agency's website https:/energy.gov.cy/
(BG/EXP)
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