Capacity Market Act 8th December 2017

Source: International Energy Agency
Last updated: 14 September 2020
The Act defines the structure and rules of the capacity market to supply electricity to the power system under circumstances that may result in power outages. The purpose of the Act is to ensure medium and long-term security of electricty supply to final customers in a cost-effective and sustainable way. The Act considers among other aspects:
1. The introduction of incentives for the construction of new generation capacities, as well as modernization and longer operation of the existing capacities; 2. The promotion of the services related to the demand side response (DSR); 3. The development of so-called “unstable” renewable energy sources (RES) installations by The Act defines the structure and rules of the capacity market to supply electricity to the power system under circumstances that may result in power outages. The purpose of the Act is to ensure medium and long-term security of electricity supply to final customers in a cost-effective and sustainable way. The Act considers among other aspects: 1. The introduction of incentives for the construction of new generation capacities, as well as modernization and longer operation of the existing capacities; 2. The promotion of the services related to the demand side response (DSR); 3. The development of so-called “unstable” renewable energy sources (RES) installations by using “stable” capacities; 4. The long-term power supplies to final customers during emergency periods.

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