Application deadline for Renewable Energy Source Support Mechanism extended
What is new?
The Regulation introduced the following changes in relation to certain dates and deadlines envisaged under the renewable energy legislation:
- Application to YEKDEM: The deadline for application by legal entities holding renewable energy-based generation licences (Licensed Entities) to YEKDEM is extended by one month. Accordingly, applications to benefit from YEKDEM may now be submitted until November 30th of each year.
The deadline for submission of the documentation indicating those persons authorised to apply on behalf of Licensed Entities is also extended by one month until November 30th of each year.
- Withdrawal from YEKDEM: Mirroring the foregoing changes, the deadline for withdrawal from YEKDEM application is extended from October 31st to November 30th.
- Announcement of YEK Lists: In light of the foregoing extensions, the announcement date for the preliminary renewable energy sources list (YEK List) and finalisation of the YEK List are also pushed back by one month. Accordingly, the preliminary YEK List will be announced within the first ten calendar days of December and the YEK List will be finalised before December 31st of each year.
For ease of reference, the applicable dates and deadlines are set out below:
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Action: Submission of YEKDEM applications
Previous Deadline (each year): 31 October
New Deadline (each year): 30 November
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Action: Submission of authorisation documents
Previous Deadline (each year): 31 October
New Deadline (each year): 30 November
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Action: Withdrawal of YEKDEM applications
Previous Deadline (each year): 31 October
New Deadline (each year): 30 November
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Action: Announcement of the preliminary YEK List
Previous Deadline (each year): Within the first ten calendar days of November
New Deadline (each year): Within the first ten calendar days of December
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Action: Finalisation of the YEK List
Previous Deadline (each year): 30 November
New Deadline (each year): 31 December
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With the announcement of the Regulation, EMRA aims to provide a relief to the Licensed Entities by extending the deadlines, which is welcomed in the renewable energy sector.