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Published: 3/10/2020. Updated: 3/10/2020

Public consultation on the revision of the Auctioning provisions for the allocation of quotas to promote the production of electricity from renewable sources


National Energy Regulatory Council (hereafter – the Council), for the purpose of clarifying the procedures for the auctioning of promotion quotas, submits for public consultation amendments to the auctioning provisions for the allocation of quotas to promote the production of electricity from renewable energy sources.

The following substantive changes are proposed:
• in case the price premium requested by the participants during the first stage of the Auction is 0 Eur
/ MWh and the promotion quota is insufficient and / or the connection of the power plants is restricted, the participant with the highest annual production volume shall be recognized as the potential winner. If the annual production is equal but the promotion quota is insufficient and / or the connection of the power stations is limited, the promotion quota shall be divided among these participants in proportion to their annual production quantity;
• in order to ensure a uniform understanding of the Auction rules on the price premium,  the Council has prepared a bid supplement form;

participants will be able to submit revised bids for the second phase of the Auction within 5 business days (currently 5 calendar days).

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All interested parties are invited to submit comments and suggestions for published consultation documents by e-mail info@vert.lt (with copy to edita.badriniene@vert.lt).
The deadline for comments and suggestions is the 16th of March, 2020.
The submitted comments and suggestions are published
here.