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Ministerial Decision for Price Revaluation in Photovoltaic Systems

New prices for new entrant Photovoltaic installations from June 1, 2013.

The Deputy Minister of Environment, Energy and Climate Change Makis Papageorgiou signed the decision and the Joint Decision with the Deputy Minister of Finance Giorgos Mavraganis, which sets the new reduced prices for new entrant photovoltaic plants as well as for the photovoltaic systems of the Special Program for residential installations (home photovoltaics), respectively.

The new prices were determined in the context of efforts to rationalize the electricity market and in particular to reduce the deficit of the Special Account of RES of LAGEE and taking into account the opinion no. 2/2013 of RAE, as well as the degree of achievement of the national targets for the penetration of RES – and in particular of photovoltaic power plants – into the country’s energy balance and the consequent burden on the consumer in the current economic situation.

It is significant that the total electrical power of photovoltaic power plants for which an Electricity Sale Contract has been signed exceeds the installed capacity limit in 2014 and even exceeds the limit for 2020 as set, the 1,500 MW and 2,200 MW respectively.

Below are the electricity pricing tables produced by photovoltaic stations:

 
Table 1
“The pricing of the electricity produced by photovoltaic plants other than those in case (c) of the table of paragraph 1 of article 13 of Law 3468/2006, as in force, is based on the data in the following table in € / MWh:
 
Interconnected
Non-interconnected
Α
B
C
(regardless of power)
>100kW
≤100kW
2013 February
95,00
120,00
100,00
2013 August
95,00
120,00
100,00
2014 February
90,00
115,00
95,00
2014 August
90,00
115,00
95,00
For every year n from 2015 onwards
1.1 x MgCl2-1
1.2 xmGTSV-1
1.1 x mGTSV-1
mOTSV-1: Average System Marginal Price in the previous year n-1. ‘

The new tariffs will be valid from 1 June 2013 for newcomer photovoltaic plants and will not affect the existing tariffs for photovoltaic plants, which have been extended by the law “Emergency measures for the implementation of Laws 4046/2012, 4093/2012 and 4127/2013” by 30 June 2013, an extension relating to:

· Photovoltaic power stations up to 100kW from farmers whose maintenance of guaranteed prices expired on May 19, 2013 and is currently in force until June 30, 2013.
· Photovoltaic stations whose maintenance of the guaranteed prices expires on 12 March 2013 and with the extension granted may be subject to the Ministerial Decision of 9 August 2012 until 30 June 2013.

Table 2
For the “Special Program for the Development of Photovoltaic Systems in Building Facilities and especially Roofs and Roofs of Buildings”, the value of the photovoltaic electricity generated in the network is defined according to the following table:
Month / Year
Price (euro / MWh)
February 2013
125,00
August 2013
125,00
February 2014
120,00
August 2014
120,00
February 2015
115,00
August 2015
115,00
February 2016
110,00
August 2016
110,00
February 2017
105,00
August 2017
100,00
February 2018
95,00
August 2018
90,00
February 2019
85,00
August 2019
80,00

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